The Loan Agreement serves as the primary documentation for lending arrangements in Canada, whether for commercial, personal, or specialized financing purposes. This document is essential when one party (the lender) agrees to provide financial accommodation to another party (the borrower) under specific terms and conditions. The agreement must comply with Canadian federal legislation, including the Interest Act and Criminal Code provisions on interest rates, as well as provincial regulations regarding security interests and consumer protection. The Loan Agreement typically includes detailed provisions on the loan amount, interest calculation, repayment schedule, security arrangements, events of default, and remedies. It's particularly important for documenting compliance with Canadian regulatory requirements, establishing clear rights and obligations of all parties, and providing a framework for the enforcement of security interests under relevant provincial Personal Property Security Acts.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the lender and borrower with full legal names and addresses
2. Background: Context of the loan agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the principal amount and intended use of the loan
5. Interest Rate: Details of interest rate, calculation method, and compliance with Interest Act
6. Repayment Terms: Payment schedule, amounts, and methods of payment
7. Security: Description of any collateral or security interests being granted
8. Representations and Warranties: Statements of fact by the borrower about their financial condition and ability to repay
9. Covenants: Ongoing obligations of the borrower during the loan term
10. Events of Default: Circumstances that constitute default and consequences
11. Remedies: Lender's rights and remedies upon default
12. General Provisions: Standard clauses including notices, amendments, governing law, and assignment
1. Guarantees: Required when there is a third-party guarantor for the loan
2. Insurance Requirements: Needed when specific insurance must be maintained on collateral
3. Prepayment Terms: Include when early repayment is permitted with specific conditions
4. Registration Rights: Required when security interests need to be registered under PPSA
5. Financial Covenants: Include for business loans requiring maintenance of specific financial ratios
6. Subordination: Needed when the loan must be subordinated to other debt
7. Cross-Default: Include when default on other obligations should trigger default under this loan
8. Tax Provisions: Required when tax implications need specific addressing
1. Repayment Schedule: Detailed amortization table showing payment dates and amounts
2. Security Details: Detailed description of collateral and security interests
3. Permitted Encumbrances: List of pre-existing liens or encumbrances allowed under the agreement
4. Disclosure Statement: Cost of borrowing disclosure as required by provincial legislation
5. Form of Promissory Note: Standard form of note if required for the loan
6. Insurance Requirements: Detailed specifications for required insurance coverage
7. Guarantor Documents: Forms and certificates related to any guarantees
8. Compliance Certificates: Templates for periodic financial compliance reporting
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Commercial Property
Manufacturing
Retail
Technology
Healthcare
Agriculture
Construction
Energy
Transportation
Professional Services
Education
Hospitality
Relevant Teams
Legal
Finance
Risk Management
Compliance
Treasury
Credit Administration
Corporate Banking
Retail Banking
Operations
Collections
Security Administration
Documentation
Relevant Roles
Chief Financial Officer
Finance Director
Legal Counsel
Credit Manager
Loan Officer
Risk Manager
Compliance Officer
Treasury Manager
Financial Controller
Corporate Secretary
Account Manager
Underwriter
Collections Manager
Security Registration Officer
Financial Analyst
Business Development Manager
Find the exact document you need
Lease Option (Real Estate)
A Canadian legal document combining a property lease agreement with an option for the tenant to purchase the property under specified terms and conditions.
Download
Business Agreement
A Canadian-law governed Business Agreement establishing commercial terms and conditions between business entities.
Download
Common Agreement
A versatile Canadian legal document establishing terms and conditions for commercial relationships, compliant with federal and provincial laws.
Download
Employer Paid Training Agreement
A Canadian-law compliant agreement outlining terms for employer-funded employee training, including costs, obligations, and repayment conditions.
Download
Consignment Agreement Form
A Canadian legal document establishing terms for consignment sales arrangements, defining rights and obligations of consignor and consignee under Canadian law.
Download
Software Testing Agreement
Canadian-law governed agreement defining terms and conditions for software testing services, including scope, deliverables, and compliance requirements.
Download
Money Agreement Between Two Parties
A Canadian-law governed agreement establishing terms and conditions for monetary arrangements between two parties, including loan amount, interest, and repayment terms.
Download
Written Agreement
A formal Written Agreement compliant with Canadian law that establishes legally binding obligations between parties.
Download
Side Agreement
A Canadian law-governed supplementary agreement that modifies or clarifies specific terms of an existing main agreement while maintaining separate documentation.
Download
Lease Agreement With Option To Purchase
A Canadian lease agreement that includes an option for the tenant to purchase the property, compliant with provincial property laws and regulations.
Download
Incorporation Agreement
A Canadian legal document establishing a new corporation and defining initial shareholder relationships under federal or provincial law.
Download
Fixed Term Tenancy Agreement
A Canadian residential lease agreement establishing a fixed-term tenancy, outlining rights and obligations of landlords and tenants under provincial law.
Download
Contract For Selling A Car
A Canadian-law governed agreement for the sale and transfer of ownership of a motor vehicle, ensuring legal compliance and protecting both parties' interests.
Download
Casual Worker Contract
A Canadian law-compliant contract establishing terms and conditions for casual employment relationships with flexible, non-permanent work arrangements.
Download
Tooling Agreement
Canadian-law governed agreement establishing terms for industrial tooling ownership, use, and maintenance, including design, quality, and payment provisions.
Download
Representation Agreement
A Canadian legal document (prominently used in BC) that authorizes representatives to make personal and healthcare decisions on behalf of an adult who becomes incapable of independent decision-making.
Download
Provisional Agreement
A temporary binding agreement under Canadian law that establishes interim arrangements between parties pending a permanent agreement.
Download
Land Agreement Between Two Parties
A Canadian legal agreement between two parties establishing terms and conditions for land transfer or rights, compliant with federal and provincial property laws.
Download
Employer Tuition Reimbursement Agreement
A Canadian-law governed agreement establishing terms for employer-provided educational support, including reimbursement conditions and employee obligations.
Download
Contract Agreement Between Two Parties
A Canadian-law governed agreement establishing legal obligations between two contracting parties, outlining their rights and responsibilities.
Download
Rent In Exchange For Services Agreement
A Canadian legal agreement providing residential accommodation in exchange for specified services, combining residential tenancy and service provision elements under provincial law.
Download
Employee Accommodation Agreement
A Canadian legal document that formalizes workplace accommodation arrangements between employer and employee, ensuring compliance with federal and provincial human rights legislation.
Download
Contra Agreement
A Canadian legal agreement establishing an independent contractor relationship, defining services, terms, and maintaining compliance with federal and provincial regulations.
Download
Catering Contract
A Canadian-law governed agreement establishing terms and conditions for catering services, including service specifications, pricing, and regulatory compliance requirements.
Download
Lease Agreement
A Canadian legal document establishing the terms and conditions for property rental between landlord and tenant, compliant with federal and provincial regulations.
Download
Contractual Agreement
Standard Canadian Contractual Agreement template compliant with federal and provincial requirements for establishing legally binding business relationships.
Download
Security Agreement Form
A Canadian legal document creating security interests in collateral to secure obligations, structured to comply with PPSA requirements (except in Quebec) and other applicable federal and provincial laws.
Download
Business Cooperation Agreement
A Canadian-law governed agreement establishing terms and conditions for business cooperation between independent entities, ensuring compliant and structured collaboration.
Download
Employee Training Reimbursement Agreement
A Canadian-law governed agreement establishing terms for employer-funded training and employee reimbursement obligations.
Download
Rental Contract
A Canadian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.
Download
Intent To Purchase Agreement
A Canadian-law governed preliminary agreement outlining terms and conditions for a proposed purchase of assets, property, or business.
Download
Head Of Terms Agreement
A Canadian-law governed preliminary agreement outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations.
Download
Supply Contract Form
A Canadian-law governed agreement establishing terms and conditions for the supply of goods between parties, including delivery, pricing, and quality requirements.
Download
Education Agreement With Employer
A Canadian-law governed agreement establishing terms for employer-provided educational support, including financial assistance, program requirements, and employee obligations.
Download
Umbrella Agreement
Canadian master agreement establishing framework terms for ongoing business relationships and future specific agreements between parties.
Download
Rent To Own Agreement Form
A Canadian legal agreement combining rental terms with a future purchase option, allowing tenants to rent a property while accumulating credits toward its eventual purchase.
Download
Buyer Representation Agreement
A Canadian legal agreement establishing exclusive representation between a real estate brokerage and a property buyer, governed by provincial real estate laws.
Download
Non Solicitation Agreement
A Canadian-law governed agreement that restricts the solicitation of employees, clients, or business relationships, designed to protect legitimate business interests while maintaining reasonable restrictions.
Download
Assignment And Assumption Agreement
A Canadian law-governed agreement that transfers contractual rights and obligations from one party to another, ensuring legal compliance and clear assumption of responsibilities.
Download
Yearly Contract Agreement
A Canadian-law governed agreement establishing a one-year contractual relationship between parties, defining key terms, obligations, and conditions.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)