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Loan Agreement With Collateral Template
I need a Loan Agreement With Collateral Template for a $2 million business loan to be secured against manufacturing equipment, with quarterly repayments starting March 2025 and including specific provisions for equipment maintenance and valuation requirements under Singapore law.
1. Parties: Identification and details of the lender and borrower
2. Background: Context of the loan and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of loan amount and intended use
5. Interest Rate and Payments: Interest calculation method, payment schedule, and terms
6. Collateral Details: Description of assets provided as security
7. Events of Default: Circumstances constituting default and consequences
8. Representations and Warranties: Statements of fact by borrower regarding their situation
9. Covenants: Ongoing obligations of the borrower during the loan term
10. Security Enforcement: Rights and procedures for enforcing security in case of default
11. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction
1. Insurance Requirements: Requirements for insuring collateral, applicable when collateral requires insurance protection
2. Guarantor Provisions: Terms relating to guarantors, applicable when a third party guarantees the loan
3. Prepayment Terms: Conditions for early repayment, applicable when early repayment options are offered
4. Assignment and Transfer: Provisions regarding the transfer of rights under the agreement, applicable for transferable loans
5. Further Assurance: Obligations to execute additional documents if required, applicable for complex security arrangements
1. Schedule 1 - Payment Schedule: Detailed repayment schedule with dates and amounts
2. Schedule 2 - Collateral Description: Detailed description of collateral assets including valuations
3. Schedule 3 - Security Documents: List of security documents relating to the collateral
4. Appendix A - Condition Report: Current condition of collateral assets if applicable
5. Appendix B - Required Insurance: Details of required insurance coverage for collateral
Authors
Applicable Law
Business Day
Collateral
Collateral Value
Conditions Precedent
Default Interest Rate
Default Notice
Drawdown Date
Encumbrance
Event of Default
Facility
Final Repayment Date
Financial Indebtedness
Interest Payment Date
Interest Period
Interest Rate
Lender's Rights
Loan Amount
Material Adverse Effect
Parties
Payment Date
Permitted Security Interest
Principal
Repayment Schedule
Security
Security Documents
Security Interest
Security Period
Singapore Dollars
Term
Transaction Documents
Valuation Report
MAS
GST
SGX
ACRA
Facility and Purpose
Drawdown
Interest
Repayment
Security
Collateral Maintenance
Representations and Warranties
Covenants
Events of Default
Enforcement Rights
Insurance
Assignment and Transfer
Notices
Costs and Expenses
Indemnification
Set-off Rights
Confidentiality
Further Assurance
Amendments and Waivers
Severability
Counterparts
Governing Law
Dispute Resolution
Force Majeure
Entire Agreement
Survivability
Third Party Rights
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