This document can be used as a Commercial Loan Gacility Agreement with a built-in guarantee. This is a standard market loan documentation for committed bilateral term loan facility agreement that should be used with a standalone guarantee.
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This document can be used as a Commercial Loan Facility Agreement with a built-in guarantee. This is a standard market loan documentation for committed bilateral term loan facility agreement that should be used with a standalone guarantee.
This document should be carefully read by the Borrower and the Lender.
Both the Borrower and the Lender should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.