Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

💴 Loan drawdown request

Business activity

Request loan drawdown

Why use a 💴 Loan drawdown request?

A loan drawdown request is a request from a borrower to a lender for the release of funds from a loan facility. The request is usually made when the borrower is ready to begin using the loan facility. The loan drawdown request will typically cover the amount of the loan, the interest rate, the repayment schedule, and any other terms and conditions that have been agreed upon by the parties.

The legal template "Drawdown Request (Borrower to Lender) under UK law" is a document prepared to facilitate the process of accessing funds from a lending institution by a borrower in the United Kingdom. This template serves as a formal request made by the borrower to the lender, outlining the specific amount of money to be drawn down from an agreed-upon credit facility or loan.

The template typically includes essential details such as the borrower's name, address, and contact information. It also specifies the lending institution's details, including their name and address. The document specifies the loan agreement under which the borrower is eligible to request the drawdown and often references the relevant clauses within the agreement.

The drawdown request highlights the amount requested by the borrower and describes the purpose for which the funds will be utilized. This information assists the lender in assessing the borrower's intentions and ensuring compliance with the terms and conditions of the loan agreement.

Furthermore, the template may mention any applicable interest rates or charges associated with the drawdown, as well as the proposed repayment plan or schedule. It may also include a provision for the borrower to certify that the requested funds will be used in accordance with the agreed-upon terms and for the intended purpose.

Overall, this legal template streamlines the process of requesting a drawdown from a lender in the United Kingdom, providing a clear framework for borrowers and lenders to document their transaction and ensuring transparency and compliance with 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

Costs Warning Letter (Employment Tribunal)

The Costs Warning Letter (Employment Tribunal) legal template pertains to the field of UK employment law and specifically addresses the issue of costs that may be incurred during an employment tribunal case. This template is typically used by employers or legal representatives to formally warn the opposing party of their intention to seek costs if they are successful in defending their position during the tribunal proceedings.

Within the template, the letter would outline the relevant legal background and regulations governing costs in an employment tribunal case, highlighting the specific provision that grants the employer the right to recover costs if successful. The letter would also explain the reasons for seeking costs, which often include compensation for legal fees, expenses, and any other financial losses incurred by the employer due to the tribunal case.

Furthermore, the letter may include details of the employer's intention to provide a schedule of costs, which outlines the specific amount being claimed and the breakdown of expenses, such as legal representation fees, expert witness costs, or administrative expenses. It may also request the recipient's cooperation in discussing the possibility of reaching a voluntary settlement to avoid further expenses and time in pursuing the costs through formal legal procedures.

Overall, the Costs Warning Letter (Employment Tribunal) serves as a formal communication tool to notify the opposing party of the intent to seek costs and initiate discussions regarding potential settlement, creating an opportunity for both parties to resolve the matter without escalating legal expenses or prolonging the proceedings.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
11
RATINGS
3
DISCUSSIONS
2

Employment Tribunal Application To Dismiss A Withdrawn Claim

This legal template is specifically designed for filing an application to dismiss a withdrawn claim at an Employment Tribunal under UK law. It provides a systematic and organized structure to help individuals or legal professionals draft the necessary documents to initiate the dismissal process. The template likely includes sections to enter details such as the claimant's name, contact information, the respondent's name (usually the employer), and any relevant case reference numbers. Additionally, it may incorporate sections to outline the reasons for withdrawing the claim, supporting evidence or documentation, and any objections or responses from either party involved. The template likely also includes instructions on how to properly complete each section and any specific legal requirements that need to be met. Overall, this template aims to streamline the process of dismissing a withdrawn claim at the Employment Tribunal, ensuring that all necessary information and documentation is presented correctly and in compliance with UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
10
RATINGS
2
DISCUSSIONS
2

Rule 30 Standard Employment Tribunal Application For An Order (General)

The legal template "Rule 30 Standard Employment Tribunal Application For An Order (General)" under UK law is a standardized document used in Employment Tribunal cases to apply for an order from the tribunal. An Employment Tribunal is a specialized court that deals with disputes between employers and employees, including issues related to terms and conditions of employment, unfair dismissal, discrimination, and other employment-related matters.

This template is specifically designed for a general application for an order, which means it can be used to request various types of orders from the tribunal. An order is a formal decision made by the tribunal that requires a party to take specific action or refrain from doing certain things. The specific order being sought may vary depending on the circumstances of the case, but examples could include reinstatement of employment, compensation, or specific performance of a contract.

The template likely includes sections where the applicant's name, address, and contact details are provided. It will also require a concise statement explaining the purpose and grounds for the application, as well as any supporting evidence or documents that are necessary to support the claim.

This legal template is likely based on Rule 30 of the UK Employment Tribunal Rules of Procedure, which outlines the procedural requirements for making an application for an order. The template ensures that the application complies with all the necessary legal requirements and provides a structured format that makes it easier for applicants to complete the necessary paperwork correctly.

Overall, this legal template assists applicants in properly submitting an application for an order to the Employment Tribunal, ensuring that their case is presented clearly, concisely, and in compliance with the relevant UK laws and regulations.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
12
RATINGS
4
DISCUSSIONS
0