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Key Requirements PROMPT example:
Installment Agreement
I need an installment agreement for a personal loan of NGN 500,000 with a repayment period of 12 months, including details on monthly payment amounts, interest rate, and penalties for late payments. The agreement should also specify the borrower's and lender's responsibilities and include a clause for early repayment without penalties.
A Nigerian law-governed agreement for purchase of goods/services through structured installment payments, ensuring compliance with local financial and consumer protection regulations.
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