Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🪙 On-demand facility agreement

Business activity

Make an intra-group loan

Why use a 🪙 On-demand facility agreement?

A on-demand facility agreement is a contract between a lender and a borrower that gives the lender the right to demand repayment of the loan at any time. The agreement also sets out the terms and conditions under which the loan must be repaid.

The Standard On Demand Loan Agreement (Intra Group) template, applicable under UK law, sets out the terms and conditions for on-demand loans within a conglomerate or group of companies. This legal document is designed to regulate the lending and borrowing arrangements between different entities within the same group.

The on-demand loan refers to a financial transaction where the lender, usually a parent or holding company, extends funds to a subsidiary or affiliated company on an as-needed basis. Unlike a term loan with fixed repayment schedules, on-demand loans are flexible, allowing the borrower to request funds as required, with the lender having the right to demand repayment at any time.

The purpose of this agreement is to establish the rights and obligations of both the lender and borrower. It outlines the loan amount, interest rates, repayment terms, and any collateral or security provided by the borrower. Additionally, the agreement may define the circumstances under which the lender can demand immediate repayment or terminate the loan.

This legal template complies with the legal requirements and standards of UK law, ensuring all provisions are enforceable in a court of law. It may be used by multinational corporations, conglomerates, or groups of companies operating in the United Kingdom to formalize and govern their intra-group lending arrangements.

It is important to note that this template serves as a starting point and should be customized to fit the specific needs and circumstances of the parties involved. Both parties should seek legal advice to ensure compliance with applicable laws and to protect their interests in the event of any potential disputes or disagreements.

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.



Click here to book your personalised demo now.

Similar legal templates

Standard Debenture

A Standard Debenture under UK law is a legal template designed to establish the terms and conditions for a specific type of loan, commonly known as a debenture. It outlines the agreement between a company (the borrower) and a lender, typically a bank or financial institution, regarding the loan amount, repayment terms, interest rates, and other essential provisions.

This legal document ensures that both parties understand and comply with their respective obligations and rights throughout the loan duration. It typically includes clauses related to the use of funds lent, charges on the borrower's assets, repayment schedule, insurance requirements, and events of default.

The Standard Debenture template also safeguards the lender's position by granting them specific rights, such as the ability to appoint a receiver or administrator, or to enforce security over the borrower's assets, in case of default or breach of the terms. Additionally, it may establish a fixed or floating charge against the company's assets, providing security to the lender in the event of insolvency or liquidation.

This legal template serves as a standardized framework for both parties to negotiate the terms of the loan and ensures compliance with UK laws and regulations regarding debentures. Companies seeking borrowing options or lenders wanting to secure their loan investments can utilize this template to establish a clear and legally binding agreement that protects their interests.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
2
DISCUSSIONS
2

Standard Disclaimer Notice

The Standard Disclaimer Notice under UK law is a legal template that outlines the terms and conditions under which the information and materials provided on a website or any other platform are offered to users. This notice serves to protect the rights and interests of the website owner or content creator while informing users about their responsibilities, limitations, and potential liabilities while accessing or using the provided information.

The template typically covers various aspects, primarily aiming to disclaim any warranties or guarantees regarding the accuracy, currency, or completeness of the information provided. It may also outline the limitations of liability for any damages or losses incurred by users as a result of using the information, products, or services offered through the platform.

Furthermore, the Standard Disclaimer Notice may address intellectual property rights, making it clear that all copyrights, trademarks, or other proprietary rights pertaining to the materials or information on the platform remain with the website owner, unless otherwise specified. It may also specify whether users are permitted to reproduce, distribute, or modify the content, and under what conditions.

The notice could also contain provisions relating to external links provided on the website, stating that the website owner is not responsible for the content, privacy policies, or practices of third-party websites. Users are often encouraged to review the terms and policies of these external sites before engaging with them.

Lastly, the template may include a section on the governing law and jurisdiction, specifying that any disputes arising from the use of the website or its content shall be subject to UK law and resolved within the UK court system.

In summary, the Standard Disclaimer Notice under UK law is a legal template that sets out the terms and conditions governing the use of information, materials, and services provided on a website or platform. It protects the interests of the website owner while informing users about their rights, responsibilities, and potential limitations or liabilities when accessing and utilizing the provided content.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
1
DISCUSSIONS
1

Standard Employer Response To Religion Or Belief Discrimination (ET3 Unfair Dismissal)

This legal template specifically pertains to the response of an employer in the United Kingdom to a claim of unfair dismissal based on religion or belief discrimination. It outlines the standard format and content that employers should follow when responding to such a claim, in accordance with UK law, specifically the Employment Tribunal's ET3 form.

The template is designed to ensure employers address all relevant issues and comply with legal requirements when responding to allegations of unfair dismissal due to discrimination based on religion or belief. It covers various sections that need to be completed, providing guidance on what information should be included and how to structure the response appropriately.

The content of this template typically includes details about the respondent (i.e., the employer), outlining their legal status and contact information. It further incorporates a section to outline the employee's allegations and the specific timeframes associated with those claims. The template provides clear instructions on responding to each allegation raised by the employee, enabling employers to address them point by point.

Moreover, the template may include fields that allow employers to provide additional evidence, such as documents, records, or witness statements, which can support their response. Employers are encouraged to include any relevant evidence or information to counter the allegations made by the employee.

Furthermore, the template ensures compliance with UK law by incorporating sections where employers can specify any legal defenses they may have against the claim. Employers can outline any relevant legislative provisions or legal arguments that justify their actions and counter the allegations of unfair dismissal based on religion or belief discrimination.

In summary, the Standard Employer Response To Religion Or Belief Discrimination (ET3 Unfair Dismissal) legal template addresses the necessary components for employers to respond effectively to an employee's claim of unfair dismissal due to discrimination based on religion or belief under UK law. This template aims to guide employers in providing a comprehensive and legally sound response to the employee's allegations, ensuring fair and compliant proceedings during the employment tribunal process.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
5
DISCUSSIONS
0