🧾 Bilateral facility agreement
A bilateral facility agreement is a legal contract between two parties that outlines the terms and conditions of a loan. The agreement includes information on the loan amount, interest rate, repayment schedule, and collateral. The agreement also outlines the duties and responsibilities of both parties, and sets forth the consequences of default.
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Associated business activities
Shared facilities agreement
A Shared facilities agreement can help establish clear boundaries and expectations for the use of shared facilities, ensuring all parties have access to the facilities they need and that there is a fair and equitable distribution of costs.
Define key terms
When two parties are entering into a contract, it is important to define the key terms of the agreement. This ensures that both parties are clear on the expectations and obligations of the contract. A bilateral facility agreement is a contract between two parties that outlines the terms of a loan.
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