Loan Agreement (Secured)

South Africa

Updated: Nov 02, 2020

20 clauses


Taneja Law Office

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Taneja Law Office

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Key description

  • Use this template to create a Loan Agreement between two parties wanting to set out the terms under which the Lender will lend and the Borrower will borrow the sum of the loan.
  • Any person finalizing or wanting to enter into a binding loan agreement with any other person will find this ready to use template an easy and effective method of executing the same.
  • Key features:*Loan Note as Evidence *Flexible payment & repayment schedule *Provisions for early/part repayment *Borrower’s Warranties clearly laid out *Independence & Severability of clauses
  • In case of any assistance or changes required, the authors/makers of the document will be available to help do the same.

Language

Categories

Industries

Covered clauses

General

  • Definitions

  • Purpose Of Agreement

  • Amount Of The Loan

  • Evidence

  • Interest

  • Advances

  • Repayment

  • Payment

  • Securities

  • Early And/Or Part Repayment

  • Method Of Payment

  • Default In Payment Of Interest Or Repayment Of Principal

  • Borrower's Warranties

  • Agreement Is Divisible

  • Notices And Service

  • Headings

  • Dispute Resolution

  • Waiver

  • Assignment And Succession

  • Jurisdiction


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