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 Free Legal Form helps to make a perfect document for any kind of personalized legal matter.
Legal professionals are in need of templates more than any other industry. Our trustworthy legal templates are all drafted and screened by legal professionals that have experience in special law-related fields and are actively involved in legal issues around the topic. This Free Legal Form template covers the most important subjects and will help you to structure and communicate in a professional and legal way with those involved.
Download this professional legal Free Legal Form template now and save yourself time, efforts and possibly reduce the lawyer-fees in order to become more successful.
Using our legal templates will help you to deal with the situation! However, this Legal template will help you dealing with this legal matter, we still recommend you to consider to find legal support in case you have doubts dealing with it the right way.
I) Applicability 3 II) Definitions 4 III) Disbursement, Interest, other charges and Repayment 5-11 IV) Borrower s warranties 12-13 V) Pre disbursement conditions 14-16 VI) Conditions applicable during currency of Loan Agreement 17-30 Project Financing of Project General Covenants Nominee Director Management VII) Reports 31 VIII) Inspection 32-33 IX) Events of default and remedies 34-40 X) Cancellation, suspension and termination 41-42 XI) Waiver 43 XII) Miscellaneous 44 -3- ARTICLE I APPLICABILITY The General Conditions set out herein shall, if the Loan Agreement so provides, be applicable to the assistance provided by Indian Renewable Energy Development Agency Limited (IREDA).. ( ) To be increased to 6.5 for loans sanctioned for Wind Farm Project Section 3.11 - APPROPRIATION OF PAYMENTS (a) Unless otherwise agreed to by IREDA, any payments due and payable under the Loan Agreement and made by the Borrower shall be appropriated towards such dues in the following order, viz., I) Premium on prepayment II) Costs, charges, expenses and other monies III) Interest on costs, charges and expenses and other monies -11- IV) Interest including additional interest, payable in terms of the Loan Agreement V) Further interest and liquidated damages on defaulted amounts VI) Repayment of instalments of principal due and payable under the Loan Agreement (b) Notwithstanding anything contained in Clause (a) hereinabove IREDA may at its discretion, appropriate such payments towards the dues, if any, payable by the Borrower in respect of earlier loan(s) availed of by the Borrower from IREDA in the order specified in the relative Loan Agreement.. If for any reason, the Borrower is required to prepay any loan, it shall make proportionate prepayment to IREDA as well as subject to such conditions as may be stipulated by IREDA d) COMMISSION Pay any commission to its promoters, directors, managers, or other persons for furnishing guarantees, counter guarantees or indemnities or for unde
Also interested in other Legal templates? AllBusinessTemplates is the #1 source for Legal templates! Just search on our website and have instant access to thousands of free and premium legal agreements, contract, documents, forms, letters, etc used on a daily basis by professionals in your industry.
For example Real estate forms, Employment forms, General release bank account, Power of attorney, Joint Venture Agreement, Letter of intent, Last will & testament, Secrecy Agreement, Articles of Incorporation of Company, Agreement with Accountant, Purchase contract, Agreement for permission to sublet and much more. All business templates are easy to find, crafted by professionals, ready to use, easy to customize and intuitive. Pay close attention to the available legal template by browsing through the list. Take the time to review and choose the variety of legal templates to suits your needs.