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1. Parties: Identifies and defines the Lender and Borrower with their complete legal names and addresses
2. Background: Provides context for the agreement, including the purpose of the loan and brief description of the asset
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Loan Terms: Details the principal amount, interest rate, repayment schedule, and term of the loan
5. Asset Details: Comprehensive description of the asset(s) being loaned, including identification numbers, condition, and value
6. Purpose and Use: Specifies permitted uses of the asset and any restrictions on its use
7. Maintenance and Care: Outlines responsibilities for maintaining and protecting the asset during the loan period
8. Insurance Requirements: Specifies required insurance coverage for the asset and responsibility for premiums
9. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and authority
10. Events of Default: Lists circumstances that constitute default and consequences thereof
11. Remedies: Details the rights and remedies available to parties in case of default or breach
12. Return of Asset: Conditions and procedures for returning the asset at the end of the loan term
13. General Provisions: Standard contractual clauses including notices, amendments, governing law, and dispute resolution
1. Security Arrangements: Include when additional collateral or security is required beyond the asset itself
2. Guarantor Provisions: Required when a third party is guaranteeing the loan obligations
3. Assignment and Sub-lending: Include if parties want to allow or specifically prohibit transfer of rights or sub-lending of the asset
4. Early Termination Rights: Include when parties want specific provisions for early termination options
5. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances
6. Tax Provisions: Include when there are specific tax implications that need to be addressed
7. Regulatory Compliance: Include when the asset or its use requires specific regulatory compliance measures
1. Schedule 1 - Asset Description: Detailed technical specifications and photographs of the asset
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment amounts and due dates
3. Schedule 3 - Condition Report: Detailed report of the asset's condition at the time of loan
4. Schedule 4 - Insurance Requirements: Specific insurance requirements and minimum coverage amounts
5. Schedule 5 - Permitted Users: List of individuals authorized to use or operate the asset
6. Appendix A - Maintenance Requirements: Detailed maintenance procedures and schedules
7. Appendix B - Return Procedures: Specific procedures for returning the asset at loan termination
Banking and Financial Services
Manufacturing
Construction
Agriculture
Transportation and Logistics
Technology and IT
Healthcare
Real Estate
Mining and Resources
Education
Retail
Telecommunications
Legal
Finance
Operations
Risk Management
Compliance
Treasury
Asset Management
Procurement
Credit Administration
Corporate Secretariat
Chief Financial Officer
Finance Manager
Legal Counsel
Asset Manager
Operations Director
Risk Manager
Credit Officer
Compliance Officer
Contract Administrator
Treasury Manager
Equipment Manager
Fleet Manager
Procurement Manager
Business Development Manager
Corporate Secretary
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