The Default Loan Agreement serves as a foundational document for lending transactions in Australia, suitable for various lending scenarios from commercial to consumer contexts. It is designed to comply with Australian regulatory requirements, including the National Consumer Credit Protection Act 2009, ASIC regulations, and relevant banking laws. This agreement should be used when establishing a new lending facility and includes essential provisions for loan amount, interest calculations, repayment terms, security arrangements, events of default, and enforcement mechanisms. The document is structured to accommodate both simple and complex lending arrangements, with optional provisions for guarantors, security interests, and special conditions. It incorporates Australian market practices and legal precedents, making it particularly suitable for lending transactions governed by Australian law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of lender and borrower with full legal names and addresses
2. Background: Context of the loan agreement and general purpose
3. Definitions and Interpretation: Defined terms, interpretation rules, and governing law provisions
4. The Loan: Loan amount, purpose, and drawdown conditions
5. Interest: Interest rate, calculation method, and payment terms
6. Repayment: Repayment schedule, method, and prepayment provisions
7. Representations and Warranties: Borrower's declarations regarding their financial status and capacity
8. Borrower Covenants: Ongoing obligations of the borrower during the loan term
9. Events of Default: Circumstances constituting default and consequences
10. Enforcement: Lender's rights and remedies upon default
11. Costs and Expenses: Allocation of costs, fees, and expenses
12. Notices: Communication requirements and contact details
13. General Provisions: Standard boilerplate clauses including severability and entire agreement
14. Execution: Signature blocks and execution requirements
1. Security: Details of any security arrangements - include when loan is secured
2. Guarantee: Guarantor provisions - include when there are third-party guarantors
3. Insurance: Insurance requirements - include when specific insurance is required
4. Special Conditions: Any unique terms specific to this loan - include for non-standard arrangements
5. Electronic Transactions: Provisions for electronic execution and communications - include when electronic processes are used
6. Privacy and Data Protection: Extended privacy provisions - include when handling sensitive data or cross-border transfers
7. Assignment and Syndication: Provisions for loan transfer - include for commercial loans that may be syndicated
1. Schedule 1 - Loan Details: Key commercial terms including loan amount, interest rate, and payment dates
2. Schedule 2 - Repayment Schedule: Detailed amortization table or payment schedule
3. Schedule 3 - Conditions Precedent: List of conditions to be satisfied before drawdown
4. Schedule 4 - Security Details: Description of security assets and arrangements
5. Schedule 5 - Fee Schedule: Breakdown of all applicable fees and charges
6. Appendix A - Form of Drawdown Notice: Template for requesting loan disbursement
7. Appendix B - Form of Compliance Certificate: Template for periodic compliance confirmation
Relevant legal definitions
Acceptance Date
Account
Additional Security
Applicable Law
ASIC
Australian Consumer Law
Authorisation
Authorised Officer
Available Facility
Banking Day
Borrower
Business Day
Change of Control
Commitment
Compliance Certificate
Conditions Precedent
Confidential Information
Controller
Credit Legislation
Default
Default Interest
Default Interest Rate
Default Notice
Drawdown
Drawdown Date
Drawdown Notice
Effective Date
Encumbrance
Event of Default
Facility
Facility Limit
Financial Indebtedness
Financial Records
Financial Statements
Government Agency
GST
Guarantee
Guarantor
Insolvency Event
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Loan Account
Material Adverse Effect
Maturity Date
Notice
Outstanding Amount
Permitted Encumbrance
PPSA
Principal
Purpose
Reference Rate
Related Entity
Repayment Date
Repayment Schedule
Security
Security Interest
Security Provider
Taxes
Term
Transaction Documents
Account
Additional Security
Applicable Law
ASIC
Australian Consumer Law
Authorisation
Authorised Officer
Available Facility
Banking Day
Borrower
Business Day
Change of Control
Commitment
Compliance Certificate
Conditions Precedent
Confidential Information
Controller
Credit Legislation
Default
Default Interest
Default Interest Rate
Default Notice
Drawdown
Drawdown Date
Drawdown Notice
Effective Date
Encumbrance
Event of Default
Facility
Facility Limit
Financial Indebtedness
Financial Records
Financial Statements
Government Agency
GST
Guarantee
Guarantor
Insolvency Event
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Loan Account
Material Adverse Effect
Maturity Date
Notice
Outstanding Amount
Permitted Encumbrance
PPSA
Principal
Purpose
Reference Rate
Related Entity
Repayment Date
Repayment Schedule
Security
Security Interest
Security Provider
Taxes
Term
Transaction Documents
Clauses
Interpretation
Definitions
Facility
Interest
Fees and Charges
Repayment
Prepayment
Security
Guarantee
Representations and Warranties
Covenants
Conditions Precedent
Events of Default
Default Interest
Enforcement
Set-off
Assignment
Confidentiality
Privacy
Anti-Money Laundering
Electronic Transactions
Notices
Governing Law
Jurisdiction
Force Majeure
Amendment
Severability
Entire Agreement
Further Assurance
Counterparts
GST
Costs and Expenses
Indemnity
Time of Essence
Waiver
Insurance
Financial Covenants
Information Covenants
Negative Pledge
Cross Default
Change of Control
Tax
Third Party Rights
Definitions
Facility
Interest
Fees and Charges
Repayment
Prepayment
Security
Guarantee
Representations and Warranties
Covenants
Conditions Precedent
Events of Default
Default Interest
Enforcement
Set-off
Assignment
Confidentiality
Privacy
Anti-Money Laundering
Electronic Transactions
Notices
Governing Law
Jurisdiction
Force Majeure
Amendment
Severability
Entire Agreement
Further Assurance
Counterparts
GST
Costs and Expenses
Indemnity
Time of Essence
Waiver
Insurance
Financial Covenants
Information Covenants
Negative Pledge
Cross Default
Change of Control
Tax
Third Party Rights
Relevant Industries
Banking
Financial Services
Real Estate
Construction
Manufacturing
Retail
Agriculture
Mining
Technology
Healthcare
Education
Professional Services
Small Business
Corporate
Relevant Teams
Legal
Finance
Credit
Compliance
Risk Management
Treasury
Commercial
Corporate Banking
Retail Banking
Operations
Documentation
Relevant Roles
Legal Counsel
Commercial Manager
Finance Manager
Credit Manager
Loan Officer
Compliance Officer
Risk Manager
Banking Executive
Contract Administrator
Chief Financial Officer
Treasury Manager
Relationship Manager
Corporate Lawyer
Banking Lawyer
Company Secretary
Find the exact document you need
Auto Loan Promissory Note
An Australian-compliant template for vehicle loan agreements that establishes loan terms, security interests, and obligations under national consumer credit laws.
find out more
Contract To Take Over Car Payments
An Australian legal agreement for transferring car payment obligations from one borrower to another, compliant with national consumer credit laws.
find out more
Private Lender Contract
An Australian-law governed agreement establishing terms and conditions for private lending arrangements, including loan details, security, and compliance with national lending regulations.
find out more
Vendor Finance Loan Agreement
An Australian-law governed template agreement for vendor financing arrangements, incorporating security interests and compliance with local credit legislation.
find out more
OverLoan Agreement
An Australian-law governed agreement establishing an overdraft facility between a financial institution and borrower, detailing credit limits, terms, and obligations under Australian banking regulations.
find out more
Fixed Sum Loan Agreement Early Settlement
An Australian-compliant loan agreement template for fixed sum loans with early settlement provisions, meeting National Consumer Credit Protection Act requirements.
find out more
Employee Loan Agreement Interest
An Australian-compliant interest-free loan agreement between employer and employee, including repayment terms and FBT considerations.
find out more
Employee Computer Loan Agreement
An Australian law agreement governing the loan of computer equipment from employer to employee, establishing terms, conditions, and mutual obligations.
find out more
Facility Agreement Loan
An Australian law-governed agreement setting out terms and conditions for the provision of loan facilities between lenders and borrowers, including key financial and operational terms.
find out more
Acknowledgement Of Debt Agreement
An Australian-compliant legal document where a debtor formally acknowledges their debt and agrees to specific repayment terms under Australian law.
find out more
Personal Loan To Business Agreement
An Australian-law governed agreement between an individual lender and a business borrower, establishing terms and conditions for a business loan.
find out more
Loan Agreement Between Family Members
An Australian-compliant legal agreement that formalizes and documents loan arrangements between family members, including terms, conditions, and repayment schedules.
find out more
Standard Mortgage Agreement
An Australian-law governed agreement establishing the terms and security arrangements for a mortgage loan secured against real property.
find out more
Director Loan To Company Agreement
An Australian law-governed agreement documenting the terms and conditions of a loan provided by a director to their company, ensuring regulatory compliance and protecting both parties' interests.
find out more
Construction Loan Contract
An Australian legal agreement for progressive funding of construction projects, governing both financial and construction aspects under Australian federal and state laws.
find out more
Commercial Real Estate Loan Term Sheet
Australian-compliant template outlining key terms and conditions for commercial real estate loan facilities.
find out more
Demand Loan
Australian-compliant demand loan agreement template allowing lenders to call for repayment at any time, suitable for both consumer and business lending.
find out more
Balloon Loan Agreement
An Australian-compliant loan agreement template featuring regular payments and a final balloon payment, structured according to Australian financial and consumer protection laws.
find out more
Loan Agreement Between Two Individuals
An Australian-compliant loan agreement template for personal lending between individuals, establishing terms, conditions, and obligations for both parties.
find out more
Simple Intercompany Loan Agreement
An Australian law template for documenting loan arrangements between related companies within the same corporate group.
find out more
Loan Agreement Between Companies
Australian corporate loan agreement template for inter-company lending, compliant with Australian corporate and financial services laws.
find out more
Home Equity Loan Agreement
Australian-compliant Home Equity Loan Agreement Template establishing terms for property equity-secured lending, including mandatory consumer protection provisions.
find out more
Simple Promissory Note For Family Loan
An Australian legal document that formalizes and documents the terms of a monetary loan between family members, providing legal protection while maintaining familial considerations.
find out more
Debt Payment Agreement
An Australian-compliant template for structuring and documenting debt repayment arrangements between creditors and debtors, incorporating all essential legal and practical provisions.
find out more
Inter Lender Agreement
An Australian law-governed agreement establishing rights, priorities, and relationships between multiple lenders in a financing arrangement.
find out more
Hand Loan Agreement
An Australian-compliant agreement documenting the terms and conditions of a personal or small business loan between parties, including loan amount, interest, and repayment terms.
find out more
Flexi Finance Loan Agreement
An Australian-compliant flexible finance agreement establishing a revolving credit facility with variable drawdown and repayment terms.
find out more
Credit Terms Agreement
An Australian-compliant template for establishing credit arrangements between providers and customers, incorporating all necessary legal and regulatory requirements.
find out more
Assignment Of Loan Agreement
Australian-compliant template for transferring loan rights and obligations from one lender to another, suitable for various types of loan assignments under Australian law.
find out more
Agreement Between Two Persons For Money
An Australian law-governed agreement formalizing financial arrangements between two individuals, including payment terms and obligations.
find out more
Subordinated Loan Agreement
Australian law template for subordinated loan arrangements, establishing terms for junior-ranking debt with comprehensive creditor provisions.
find out more
Loan Payment Agreement
An Australian-law governed agreement establishing loan terms, repayment conditions, and parties' obligations in a lending arrangement.
find out more
Loan Participation Agreement
Australian law-governed template for loan participation arrangements between financial institutions, establishing terms for loan interest transfers and regulatory compliance.
find out more
Simple Loan Application Form
An Australian-compliant loan application form template for collecting and assessing borrower information in accordance with national lending regulations.
find out more
Private Lending Term Sheet
An Australian law-compliant template outlining key terms and conditions for private lending arrangements, serving as the foundation for the final loan agreement.
find out more
Personal Loan Receipt
An Australian-compliant template for documenting personal loan receipts, capturing loan details and acknowledgment of funds transfer between parties.
find out more
Payday Loan Contract
An Australian-compliant payday loan contract template for small amount credit contracts (SACCs), incorporating all regulatory requirements and consumer protections under Australian law.
find out more
Facility Agreement
An Australian law-governed template agreement setting out terms and conditions for corporate lending facilities, including key provisions for facility mechanics, security, and covenants.
find out more
Debt Repayment Contract
An Australian-compliant Debt Repayment Contract Template for documenting and managing debt repayment arrangements between creditors and debtors.
find out more
Employee Forgivable Loan Agreement
An Australian-law governed agreement establishing terms for an employer-provided loan to an employee that can be forgiven based on specified employment and performance conditions.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)