Standard Capital Expenditure Restriction Clause For Loan Agreements

Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

Business activity

Why use a 👔 Advisor Agreement?

This legal template pertains to a standard capital expenditure restriction clause for loan agreements under UK law. A capital expenditure restriction clause is a contractual provision that imposes limitations on the borrower's ability to spend borrowed funds on specific long-term investments or expenditures that may affect the borrower's financial standing.

In the context of a loan agreement, this template aims to outline the terms and conditions governing the borrower's capital expenditure activities during the loan's term. The clause ensures that the borrower does not divert funds towards large-scale investments, purchases, or expansions without the lender's approval. Such restrictions are typically implemented to protect the lender's interests and mitigate potential risks associated with excessive capital expenditures that could hinder the borrower's ability to repay the loan.

This template, specifically tailored for loan agreements within the jurisdiction of the United Kingdom, aligns with the relevant legal framework, regulations, and best practices of the country. It outlines the scope of the capital expenditure limitations, the procedures for obtaining the lender's consent, and the consequences of breaching the clause. The template may also include provisions related to the evaluation criteria for approving capital expenditure requests and any essential reporting or notification obligations imposed on the borrower.

By utilizing this legal template, lenders and borrowers can establish clear guidelines surrounding the borrower's capital expenditure decision-making process, ensuring transparency, compliance, and effective risk management.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.

Similar legal templates

Tax Evasion Anti-Facilitation Policy

This legal template provides a comprehensive framework for implementing a Tax Evasion Anti-Facilitation Policy in compliance with UK law. The template aims to guide businesses, organizations, and individuals in developing robust measures to prevent and mitigate the facilitation of tax evasion activities within their operations.

The policy addresses the legal obligations and regulatory requirements set forth by UK legislation, ensuring full adherence to the Criminal Finances Act 2017. It outlines key principles, guidelines, and procedures to identify, prevent, and report any activities that may facilitate tax evasion.

The template covers various aspects, including employee training on tax evasion prevention, risk assessment and due diligence processes, identification of red flags, reporting mechanisms, and disciplinary actions. It emphasizes the importance of fostering a culture of compliance within the organization and provides guidance on developing effective communication channels to raise awareness about the policy.

Furthermore, the template highlights the role of senior management in driving a strong anti-facilitation stance and emphasizes the implementation of internal controls that can aid in deterring, detecting, and resolving potential instances of tax evasion facilitation. It instructs on conducting regular reviews and updates to ensure the policy remains current and responsive to any changes in legislation or industry practices.

Overall, this legal template serves as a robust and comprehensive resource for organizations or individuals seeking to establish a Tax Evasion Anti-Facilitation Policy in line with UK law. It aims to prevent the unintentional facilitation of tax evasion within businesses, while ensuring compliance with legal obligations and promoting ethical practices.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
2

Tenant's Details Of Unopposed Lease Renewal Claim

This legal template is a document to assist tenants in making an unopposed lease renewal claim under UK law. In the United Kingdom, tenants have certain rights when it comes to renewing their lease agreements, particularly under the Landlord and Tenant Act 1954.

The template aims to gather and present the necessary information regarding the tenant's details during the lease renewal process. It may include sections for the tenant to provide their name, address, contact details, and any other relevant personal information. Additionally, there might be space to detail the property address, the current lease terms, and the desired renewal terms.

The purpose of this template is to ensure that tenants have a clear and standardized format for presenting their unopposed lease renewal claim, helping them assert their legal rights in an organized manner. By properly filling out this template, tenants can demonstrate their intention to renew the lease, provide evidence of their eligibility for lease renewal under the applicable legislation, and protect their interests in the renewal negotiation process.

While this template serves as a guideline, it is important to note that the specific content and format may vary depending on the individual's circumstances and legal requirements. It is advisable for tenants to consult with a legal professional or seek independent advice to ensure the accuracy and completeness of their lease renewal claim.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
1
DISCUSSIONS
1

Standard Supplemental Lease (Tenant Holds Existing Lease)

The Standard Supplemental Lease (Tenant Holds Existing Lease) under UK law is a legal template designed to cater to circumstances where a tenant desires to make additional arrangements or modifications to their existing lease agreement with a landlord. This supplemental lease serves as an addendum or appendix to the original lease, outlining specific terms and conditions that need to be altered, extended, or clarified without invalidating the primary agreement. It ensures both parties' rights and obligations are respected and safeguards the landlord and tenant's interests by providing a legally binding framework to address any new or changed lease provisions. The template adheres to the legal requirements and guidelines prescribed by UK law, making it a reliable and comprehensive contractual instrument for tenants and landlords in the United Kingdom.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
2
DISCUSSIONS
0