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No Interest Loan Agreement
"I need a No Interest Loan Agreement under Singapore law for a $50,000 loan to my sister's startup company, with monthly repayments starting from March 2025 and including a personal guarantee from her husband."
1. Parties: Identification and details of the lender and borrower
2. Background: Context and purpose of the loan agreement
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the principal amount and intended use
5. Repayment Terms: Schedule and method of repayment
6. Default Provisions: Consequences of failure to repay as agreed
7. Representations and Warranties: Statements of fact by the borrower
8. Governing Law: Specification of Singapore law as governing law
1. Security: Details of any collateral or security (used when loan is secured by assets)
2. Guarantor Provisions: Terms relating to any guarantors (used when there is a third-party guarantor)
3. Early Repayment: Terms for early loan settlement (used if early repayment is permitted)
4. Assignment: Rights to assign the agreement (used if assignment rights are required)
1. Repayment Schedule: Detailed timeline of repayment installments
2. Security Details: Details of any secured assets or collateral (for secured loans only)
3. Guarantor Information: Details of guarantors and their obligations (when guarantors are involved)
4. Form of Notice: Template for formal notices under the agreement
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