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Loan Lease Agreement
"I need a Loan Lease Agreement for a commercial property in Singapore where we're providing a S$2.5M loan facility to the tenant, who will lease our industrial warehouse for 5 years starting March 2025, with an interest rate of 4.5% per annum."
1. Parties: Identification and details of the lender and borrower
2. Background: Context of the loan and lease arrangement
3. Definitions: Key terms used throughout the agreement
4. Loan Terms: Principal amount, interest rate, repayment schedule
5. Lease Terms: Property description, lease duration, rental payments
6. Security Provisions: Collateral and security arrangements
7. Events of Default: Circumstances constituting default and consequences
1. Insurance Requirements: Property insurance obligations, applicable when insurance is required for the leased property
2. Guarantor Provisions: Terms relating to guarantors, applicable when a guarantor is involved in the transaction
3. Assignment Rights: Rights to assign the agreement, applicable when assignment rights need to be specifically addressed
1. Property Schedule: Detailed description of the leased property
2. Payment Schedule: Detailed repayment and rental payment schedule
3. Condition Report: Initial condition of the leased property
4. Security Documents: Forms and documents related to security arrangements
Authors
Applicable Law
Business Day
Collateral
Commencement Date
Default Interest Rate
Event of Default
Facility
Interest Rate
Lease Period
Lease Premises
Lender
Borrower
Loan Amount
Maturity Date
Monthly Installment
Payment Date
Permitted Use
Principal
Property
Rent
Repayment Schedule
Security
Security Documents
Singapore Dollars
Term
Termination Date
Transaction Documents
Utilities
Working Hours
Interest
Repayment
Security
Lease Terms
Rent
Property Use
Property Maintenance
Insurance
Default
Remedies
Assignment
Subletting
Force Majeure
Representations and Warranties
Covenants
Termination
Indemnification
Notices
Confidentiality
Governing Law
Dispute Resolution
Utilities and Outgoings
Alterations and Improvements
Access Rights
Compliance with Laws
Registration
Costs and Expenses
Severability
Entire Agreement
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