Bill Of Sale Loan Agreement Template for India

1. Guarantor Provisions: Include when a third party is guaranteeing the loan

2. Insurance Requirements: Include when specific insurance must be maintained on the security assets

3. Prepayment Provisions: Include when early repayment is allowed with specific terms

4. Assignment and Transfer: Include when either party may need to transfer their rights under the agreement

5. Additional Security: Include when multiple assets or forms of security are involved

6. Cross-Default Provisions: Include when the loan is part of a larger financing arrangement

7. Force Majeure: Include when specific circumstances might affect loan repayment capability

1. Schedule 1 - Asset Description: Detailed description of the assets covered by the bill of sale

2. Schedule 2 - Repayment Schedule: Detailed breakdown of payment dates and amounts

3. Schedule 3 - Security Documents: List of all security documents and their execution status

4. Schedule 4 - Conditions Precedent: List of conditions that must be satisfied before loan disbursement

5. Appendix A - Form of Notice: Standard format for notices under the agreement

6. Appendix B - Registration Details: Details of registration with relevant authorities

7. Appendix C - Valuation Report: Independent valuation of the assets under bill of sale