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💸 Term loan agreement

💸 Term loan agreement

About this category

A term loan agreement is a binding contract between a lender and borrower that outlines the terms of a loan, including the repayment schedule, interest rate, and collateral. The agreement also sets forth the rights and obligations of both parties.

💸 Term loan agreement

templates

Term Sheet For Loan Agreement By Lending Syndicate Financing A Private Company Acquisition (SONIA or BOEBR)

A term sheet for a loan to finance the acquisition of a private company in England or Wales, with options for the interest rate to be based on either SONIA compounded in arrears or the Bank of England's Bank Rate.

What to watch out for

  • The document is a term sheet for a syndicated acquisition finance facility, to be provided by a syndicate of lenders to a corporate borrower for the purpose of financing the acquisition of the entire issued share capital of a private limited company incorporated in England or Wales (target).
  • The term sheet also caters for a sterling revolving credit facility to be provided by those lenders to members of the principal borrower's group for general corporate and working capital purposes.
  • Optionality has been included for the interest rate to be linked to either SONIA compounded in arrears (using a lookback period without observation shift) or the Bank of England's Bank Rate.
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    Publisher

    Genie AI

    Jurisdiction

    England and Wales

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    Term Sheet For Loan Agreement By Single Lender Financing A Private Company Acquisition (LBR or BOEBR)

    This is a term sheet for a loan to finance the acquisition of a private company in England or Wales, which can be either a term loan or a revolving credit facility. The interest rate is linked to the lender's base rate or the Bank of England's Bank Rate.

    What to watch out for

  • The document is a term sheet for a loan to finance the acquisition of a private company's shares, to be provided by a single lender.
  • The loan is in sterling, and the interest rate is linked to either the lender's base rate or the Bank of England's Bank Rate.
  • The term sheet also caters for a sterling revolving credit facility to be provided by that lender to members of the principal borrower's group for general corporate and working capital purposes.
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    Publisher

    Genie AI

    Jurisdiction

    England and Wales

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    Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower)

    A term sheet for a sterling term loan facility provided by a syndicate of lenders to a corporate borrower for general corporate and working capital purposes.

    What to watch out for

  • The amount of the loan
  • The interest rate
  • The repayment schedule
  • The fees and charges
  • The security for the loan
  • The covenants
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    5
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    Genie AI

    Jurisdiction

    England and Wales

    Use this template

    Associated business activities

    Create term loan

    A term loan is a loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate. The loan is repayable in full at the end of the term. The main reason why someone might want to take out a term loan is to finance a large purchase such as a car or a house. The loan enables the borrower to spread the cost of the purchase over a number of years, making it more affordable.

    Sample term sheet for loan

    A term loan agreement is a contract between a lender and a borrower that outlines the terms of a loan. The agreement includes the loan amount, interest rate, repayment schedule, and any other terms that the lender and borrower agree to. A term loan agreement is used when a borrower needs a large sum of money for a long-term project or investment. The agreement allows the borrower to repay the loan over a period of time that is agreed upon by both parties.

    Get a loan

    There are many reasons why someone might want to get a loan. For example, they may need the money to buy a house or a car, or to start a business. A loan can also help them to consolidate their debts and to pay off their credit cards.

    Borrow money for acquisition

    There are many reasons someone might want to borrow money for acquisition. One reason might be to purchase a new business. Another reason might be to finance the expansion of an existing business. A third reason might be to purchase new equipment or property for a business. Whatever the reason, borrowing money for acquisition can be a great way to finance a business venture.

    Legal firms who might be able to help

    Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.

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