英文版借款合同

英文版借款合同

英文版借款合同

Loan Agreement

Party A: [Borrower’s name and address]Party B: [Lender’s name and address]

1. Basic Information

Party A is a legal entity/individual registered in

[Country/Region] with its principal place of business/residence located at [Address]. Party B is a legal entity/individual registered in [Country/Region] with its principal place of business/residence located at [Address].

2. Identity of Parties

Party A represents and warrants that it has the legal capacity to enter into this Loan Agreement and that it is not prohibited from borrowing funds under any applicable laws, regulations, or agreements. Party B represents and warrants that it has the legal capacity to enter into this Loan Agreement and that it is not prohibited from lending funds under any applicable laws, regulations, or agreements.

3. Loan Amount and Use

Party B agrees to lend Party A [Loan Amount in words] [Loan Amount in figures] [Currency] for the purpose of [Intended Use of Loan]. Party A agrees to use the loan for the intended purpose and to repay the loan in accordance with the terms of this Loan Agreement.

4. Rights and Obligations of Parties

4.1 Rights and Obligations of Party A

(a) Party A shall repay the loan according to the repayment schedule set out in this Loan Agreement.

(b) Party A shall pay interest on the loan at the rate agreed upon by the parties and calculated on the outstanding balance of the loan.

(c) Party A shall provide Party B with all necessary information and documents relating to the loan and the intended use of the loan.

(d) Party A shall maintain all necessary insurance policies relating to the loan and shall provide proof of insurance to Party B upon request.

(e) Party A shall not use the loan for any purpose other than the intended use.

(f) Party A shall provide Party B with timely notice of any adverse changes in its financial condition and shall promptly

notify Party B of any default or potential default under this Loan Agreement.

(g) Party A shall provide all necessary cooperation to Party B in connection with the administration of the loan.

4.2 Rights and Obligations of Party B

(a) Party B shall disburse the loan to Party A in accordance with the terms of this Loan Agreement.

(b) Party B shall charge interest on the loan at the rate agreed upon by the parties and calculated on the outstanding balance of the loan.

(c) Party B shall have the right to accelerate the repayment of the loan upon the occurrence of any default event.

(d) Party B shall have the right to apply any payments received from Party A to any outstanding obligations under this Loan Agreement.

(e) Party B shall have the right to take any action necessary

to protect its security interest in the collateral provided by Party A, if any.

(f) Party B shall have the right to assign or transfer any or all of its rights and obligations under this Loan Agreement.

5. Repayment Schedule