Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

💸 Term loan agreement

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.

This legal template is a term sheet that outlines the terms and conditions for a loan agreement provided by a single lender to facilitate the financing of a private company acquisition. The agreement is governed by UK law, indicating its applicability and compliance with UK legal regulations.

The template contains detailed provisions specifying the obligations and responsibilities of both the lender and the borrower. It outlines the loan amount, repayment terms, interest rates, and any additional fees or costs associated with the loan. The term sheet also includes clauses concerning the security and collateral provided by the borrower, as well as any guarantees or warranties required.

Furthermore, the template likely covers the conditions precedent that must be fulfilled before the loan disbursement, such as obtaining regulatory approvals, completing legal due diligence, or meeting specific financial targets. It may also address any default and termination provisions, including the lender's rights in case of non-payment or breach of agreement.

Additionally, the term sheet could cover matters related to the use of loan proceeds, potential restrictions on the borrower's activities, and the lender's rights for inspection or audit. The template may also address provisions for amendment and assignment, governing law and jurisdiction, as well as dispute resolution mechanisms.

Overall, this legal template provides a comprehensive framework for a loan agreement between a single lender and a private company, allowing for the acquisition financing while maintaining legal compliance under UK law.

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

White Label Of Mobile Application (Subscription, Pro-Supplier)

This legal template pertains to the white labeling of a mobile application, specifically focusing on subscription-based and pro-supplier models, all within the legal framework of the United Kingdom. A white label arrangement refers to the practice of allowing one company (the supplier) to develop a specific product or service, which is then rebranded and sold by another company (the subscriber) as their own.

In this context, the template would cover key legal aspects involved in establishing a white label mobile application, particularly those related to subscriptions and pro-supplier functionalities. It would outline the rights and responsibilities of both parties involved, addressing issues such as ownership of intellectual property, licensing agreements, payment terms, privacy and data protection, limitations of liability, indemnification clauses, jurisdiction and dispute resolution, among others.

For instance, the template may include provisions regarding the subscription model, laying out details on the terms and conditions for users who opt for the subscription-based access to the mobile application. This could include aspects such as subscription fees, billing cycles, cancellation and refund policies, user obligations, and any limitations on the supplier's liability for the application's performance or availability.

Additionally, the template may cover the pro-supplier model, which typically involves granting the subscriber the ability to resell or customize the white-labeled application to their customers. This would encompass terms related to licensing, branding, use of trademarks or logos, the extent of customization allowed, and limitations on the subscriber's ability to modify or alter the application's features or functionality.

Ultimately, this legal template serves as a comprehensive framework for facilitating the white labeling of a mobile application in the context of the UK market, protecting the rights and interests of both the subscriber and the supplier, and ensuring compliance with applicable laws and regulations.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
0
DISCUSSIONS
2

Variation to Consortium Agreement (Lambert)

This legal template focuses on making changes or amendments to a consortium agreement named Lambert, which is governed by UK law. A consortium agreement is a legally binding document entered into by multiple parties, typically businesses or organizations, aiming to collaborate on a specific project or initiative. In this particular template, the parties involved in the Lambert consortium agreement are seeking to modify certain provisions, terms, or conditions of their existing agreement. The template provides a framework and guidance for documenting and executing these variations in a legally compliant manner under the jurisdiction of UK law. It may outline the procedure for proposing, reviewing, and approving changes, as well as the specific sections or clauses subject to modification. The goal of this legal template is to assist the parties involved in the Lambert consortium agreement to formalize their agreed-upon variations in a legally effective and enforceable manner.
Read More

Publisher

Lambert Toolkit

Jurisdiction

England and Wales
TEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
0

Wifi Roaming Agreement (WISP to Platform Provider)

A Wifi Roaming Agreement (WISP to Platform Provider) under UK law is a legal document that outlines the terms and conditions between a Wireless Internet Service Provider (WISP) and a Platform Provider in the United Kingdom.

This agreement establishes the framework for the provision of internet services through the collaboration of a WISP and a Platform Provider. It outlines the rights, responsibilities, and obligations of both parties involved in the Wifi roaming arrangement.

Key provisions within this legal template may include details regarding:

1. Scope of Services: This section defines the nature and extent of the internet services that the WISP will provide to the Platform Provider for the purpose of enabling wifi roaming.

2. Service Levels and Quality: This section stipulates the expected performance standards and service levels to be maintained by the WISP. It may cover factors such as network availability, speed, reliability, and technical support.

3. Responsibilities: This part outlines the responsibilities and obligations of each party involved. It may include obligations related to the maintenance of network infrastructure, compliance with legal and regulatory requirements, and provision of user support.

4. Intellectual Property: This section covers the ownership, licensing, and use of intellectual property rights associated with the wifi roaming services provided. It may address issues such as trademark usage, copyright, and data ownership.

5. Data Protection and Privacy: This clause sets forth the obligations pertaining to the security, protection, and handling of personal data in accordance with applicable data protection laws. It may address measures such as data encryption, consent, data sharing, and confidentiality.

6. Liability and Indemnification: This section clarifies the liability of each party for any losses, damages, or claims arising from the provision of wifi roaming services. It may also outline the indemnification obligations of each party in relation to third-party claims.

7. Term and Termination: This part specifies the duration of the agreement, any renewal or termination clauses, and the procedures for terminating the agreement.

8. Dispute Resolution: This clause determines the preferred mechanisms for resolving any disputes that may arise between the WISP and the Platform Provider, such as negotiation, mediation, or arbitration.

It is important to note that this description provides a general overview of what a Wifi Roaming Agreement (WISP to Platform Provider) could entail under UK law. Specific provisions and terms may vary depending on the parties involved, their specific needs, and the legal requirements of the jurisdiction. Therefore, it is advisable to consult with legal professionals when drafting or reviewing such agreements.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
10
RATINGS
4
DISCUSSIONS
2