Interest Loan Agreement


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How to draft a proper Interest Loan Agreement? Download this Interest Loan Agreement template that will perfectly suit your needs!

Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making. This is important to give consideration on how to communicate and how to remain lawful in your day-to-day business activities. Therefore, communication in situations that involve legal complications, request extra attention. Using our easy-to-modify Interest Loan Agreement helps to make a perfect document for any kind of personalized legal matter.

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No interest shall be paid on the Loan except (without prejudice to the Company s obligation under clause 2 above) if the Company shall fail to repay the Loan in full on the Repayment Date or to make any repayment of the whole or any part of the Loan on any date on which the same may become payable pursuant to this agreement in which event interest shall be paid on the Loan or the balance thereof from time to time outstanding from such date at the rate of 4 above the minimum base rate for the time being of Barclays Bank plc as well after as before judgment such interest to accrue from day to day to be payable monthly and if not paid to be compounded..
 

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