Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

💸 Term loan agreement

Business activity

Get a loan

Why use a 💸 Term loan agreement?

A term loan agreement is a binding contract between a lender and borrower that outlines the terms of a loan, including the repayment schedule, interest rate, and collateral. The agreement also sets forth the rights and obligations of both parties.

The Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower) under UK law is a legal template that outlines the terms and conditions of a loan arrangement between a lending syndicate and a corporate borrower in the United Kingdom. This agreement serves as a legally binding document, establishing the rights and obligations of both parties involved in the loan transaction.

The template would typically include provisions regarding the loan amount, repayment terms, interest rates, and any applicable fees or penalties. It may also outline the conditions precedent that must be met before the loan can be disbursed, such as the submission of financial statements or the provision of collateral.

The agreement will address the responsibilities of the lending syndicate, which consists of a group of lenders, and the corporate borrower. This could include specifying the payment schedule, the mechanism for disbursing funds, and procedures for monitoring the loan and ensuring compliance with the agreed-upon terms by both parties.

Additionally, the template may include provisions relating to events of default, loan transferability, assignments, and rights and remedies in case of breaches or disputes. It may also address confidentiality, governing law, and jurisdiction, specifying that all parties must comply with UK laws and resolve any legal disputes in the UK court system.

Overall, the Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower) under UK law serves as a comprehensive legal document that governs the terms and conditions of a loan transaction between multiple lenders and a corporate borrower in compliance with the United Kingdom's legal framework.

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

Strategy Consultant Contract

This Strategy Consultant contract template is designed for a commercial strategy consulting organisation (or an individual strategy consultant) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of strategy consulting and strategy-consulting-related services to be completed by the strategy consultant on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the strategy consulting firm or individual strategy consultant on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
3
RATINGS
3
DISCUSSIONS
1

Substituted Security Deed (Multiple Properties)

The Substituted Security Deed (Multiple Properties) legal template under UK law is a document that outlines the terms and conditions for substituting a security deed in relation to multiple properties. A security deed is a legal agreement between a borrower and a lender that serves as collateral for a loan or other financial obligation. In certain situations, it may become necessary to substitute the existing security deed with a new one, particularly when there are multiple properties involved.

This template provides a framework for the parties involved to execute the substitution of a security deed. It may include provisions related to the identification and description of the properties involved, the terms of the original security deed and the proposed substitute, as well as details regarding any outstanding loans or financial obligations associated with the properties.

The document may also contain provisions concerning the rights and responsibilities of the borrower and lender in relation to the substituted security deed, such as the repayment terms, interest rates, and any necessary guarantees or indemnities. Moreover, it may address the process for registering the substituted security deed with the appropriate authorities to ensure its validity and enforceability.

The Substituted Security Deed (Multiple Properties) template under UK law aims to provide a legally sound and comprehensive agreement that ensures the interests of all parties involved are protected. It may serve as a useful tool for borrowers, lenders, and professionals involved in real estate transactions, such as lawyers, solicitors, or financial advisors. It is important to seek independent legal advice and adapt the template to the specific circumstances and requirements of the parties involved.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
2
RATINGS
2
DISCUSSIONS
1

Suitable Alternative Employment Offer To Employee On Maternity Leave Following Redundancy Consultation

The legal template titled "Suitable Alternative Employment Offer To Employee On Maternity Leave Following Redundancy Consultation under UK law" is a comprehensive document that provides guidance and outlines the legal requirements and provisions associated with offering alternative employment options to employees who are on maternity leave during or after redundancy consultation processes.

This template serves as a useful tool for employers in the United Kingdom to ensure compliance with key laws, regulations, and best practices related to maternity leave and redundancy. It aims to assist employers in offering suitable alternative employment opportunities to employees who are unable to continue in their existing roles due to redundancy, while also considering their rights and protections afforded by maternity leave legislation.

To achieve this, the template may encompass various components, such as an introduction that explains the purpose and scope of the document, a section discussing the legal context and obligations surrounding maternity leave and redundancy consultations in the UK, and details on how to identify and assess suitable alternative employment positions within the organization.

Furthermore, the template may provide guidelines on offering alternative roles to employees on maternity leave, including the necessary steps to take, such as conducting a fair selection process, discussing the proposed positions with the affected employee, and documenting the outcome of the discussions.

Additionally, the template could address critical aspects, like adjustments to terms and conditions in the new role, including salary, benefits, and working hours, to ensure parity with the employee's original position.

Important legal considerations surrounding maternity leave, such as maintaining continuous service, the right to return to work, and protecting against discrimination or unfair treatment, may also be covered within the template to ensure employers remain in compliance with relevant laws.

Overall, this legal template is designed to assist employers in the UK by providing a comprehensive framework to navigate the complexities and legal requirements associated with offering suitable alternative employment options to employees on maternity leave during redundancy consultation processes.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
2