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Loan Agreement by EasyLegalDocs
This Loan Agreement template outlines the terms and conditions for a loan between a Lender and a Borrower. It details the loan amount, interest rate, repayment schedule, and payment methods. The document also includes provisions for late payments, default, collateral, prepayment, representations, acceleration events, governing law, and dispute resolution.
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Loan Bond with Sureties and Lower Interest Rate for Punctual Payment (India).docx
This template is a loan agreement where a creditor provides funds to a debtor, supported by two sureties who guarantee repayment. It features an incentive clause that reduces the interest rate if installments are paid at least 15 days before the due date.
OLOpen Legal Library
Loan Agreement with Security (India).docx
This template is a **secured loan agreement** for inter-corporate deposits between a lender and a borrower. It includes a third-party **pledger** who provides equity shares as collateral, ensuring the lender can recover the debt if the borrower defaults.
OLOpen Legal Library
Loan Agreement with Bank (India).docx
This is a standard loan agreement template for securing a cash credit or overdraft facility from a bank. It outlines the terms for interest rates, repayment demands, and includes a provision for mortgaging property as security for the debt.
OLOpen Legal Library
Hire-Purchase Agreement for a Vehicle (India).docx
This template provides a framework for a tripartite hire-purchase agreement involving an owner, a hirer, and a dealer who also acts as a guarantor. It outlines the terms for renting a motor vehicle with an option to purchase, including payment schedules, maintenance responsibilities, insurance requirements, and repossession rights in case of default.
OLOpen Legal Library
Guarantee for One Customer by One Surety (India).docx
This document is a formal personal guarantee provided by a single surety to a bank to secure the debts and liabilities of a specific customer. It ensures that the bank is protected if the customer fails to meet their financial obligations, covering loans, interest, and various banking charges.
OLOpen Legal Library
Deed of Hypothecation (India).docx
This legal template is used in India to create a security interest over machinery or equipment for a loan. It allows a borrower to maintain possession of the asset while pledging it as collateral to a creditor until the debt is fully repaid.
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Agreement to Hypothecate Goods to Secure Fixed Loan (India).docx
This template is a formal agreement for a borrower to pledge specific goods as collateral to a bank in exchange for a fixed loan. It establishes the bank's lien on the goods, requires regular inventory reporting, and provides the bank with the right to seize and sell the collateral if the loan is not repaid.
OLOpen Legal Library
Acknowledgment of Part Payment of a Debt (India).docx
This document is used by a debtor to formally record and acknowledge a partial payment made towards a debt. It specifies the amount paid, the remaining debt balance, and links the payment back to an original promissory note.
OLOpen Legal Library
Loan bond with surety and hypothecation of property
A loan bond in India under which a debtor borrows money supported by a surety, with repayment secured by a simple mortgage of immovable property. The debtor and surety are jointly and severally liable to repay the loan in four equal half-yearly instalments with interest; on default of any instalment the whole amount becomes payable at once, and the creditor may sell the mortgaged property, in part or full, to recover the principal and interest. The debtor and surety warrant that the property is free of encumbrances. Note: a simple mortgage of immovable property securing Rs. 100 or more must be by a registered instrument under the Transfer of Property Act, 1882.