Interest Waiver Template for South Africa

1. Conditions Precedent: Used when the waiver is subject to certain conditions being met before becoming effective

2. Security Arrangements: Included when there are existing security arrangements that need to be addressed or modified

3. Regulatory Compliance: Required when the waiver needs specific regulatory acknowledgments or compliance statements

4. Tax Implications: Included when there are significant tax consequences of the interest waiver that need to be addressed

5. Default Provisions: Used when there are specific consequences for breaching the terms of the waiver agreement

6. Third Party Rights: Required when other parties have rights or interests in the debt that need to be addressed

1. Schedule 1 - Original Loan Agreement: Copy or details of the original agreement giving rise to the interest

2. Schedule 2 - Interest Calculation Statement: Detailed breakdown of interest calculations and amounts being waived

3. Schedule 3 - Payment History: Record of payments made and outstanding amounts

4. Appendix A - Regulatory Approvals: Copies of any required regulatory approvals or confirmations

5. Appendix B - Security Documentation: Details of any security arrangements affected by the waiver