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1. Parties: Identification of the creditor and debtor with full legal names, addresses, and registration details if applicable
2. Background: Brief description of the circumstances leading to the debt and the parties' intention to formalize the repayment terms
3. Definitions: Key terms used throughout the agreement including 'Debt Amount', 'Repayment Schedule', 'Default', etc.
4. Acknowledgment of Debt: Clear statement of the total debt amount and confirmation by the debtor of the obligation
5. Repayment Terms: Detailed payment structure including amount, frequency, and method of payments
6. Interest: Specification of any interest rates applied, calculation method, and payment schedule
7. Payment Method: Specific details about acceptable payment methods and banking information
8. Default Provisions: Consequences of missing payments and remedies available to the creditor
9. Termination: Circumstances under which the agreement can be terminated and the consequences
10. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes
11. Signatures: Execution block for all parties including date and place of signing
1. Security: Details of any collateral or guarantees provided to secure the debt - include when there are assets pledged as security
2. Early Repayment: Terms for early repayment options and any associated penalties or benefits - include when early repayment is permitted
3. Insurance Requirements: Any insurance obligations of the debtor - include when specific insurance coverage is required
4. Assignment: Rights and restrictions regarding the transfer of rights under the agreement - include when assignment needs to be specifically addressed
5. Force Majeure: Provisions for unforeseen circumstances affecting repayment ability - include for longer-term repayment agreements
6. Confidentiality: Terms regarding the confidentiality of the agreement and its terms - include for business or sensitive agreements
7. Debt Restructuring Provisions: Terms for potential future modification of payment terms - include when flexibility might be needed
8. Tax Provisions: Allocation of tax responsibilities - include when tax implications are significant
1. Schedule 1: Repayment Schedule: Detailed table showing payment dates, amounts, and running balance
2. Schedule 2: Collateral Details: Detailed description of any assets provided as security, including valuations if applicable
3. Schedule 3: Original Debt Documentation: Copies or details of original agreements or invoices creating the debt
4. Appendix A: Payment Instructions: Detailed banking information and payment procedures
5. Appendix B: Guarantee Agreement: If applicable, the terms of any guarantee provided by a third party
Debt Amount
Original Debt
Interest Rate
Default Interest
Payment Date
Due Date
Repayment Schedule
Business Day
Event of Default
Security
Collateral
Payment Method
Bank Account
Force Majeure Event
Material Adverse Change
Notice
Party/Parties
Guarantor
Guarantee
Effective Date
Termination Date
Outstanding Balance
Default Notice
Early Repayment
Permitted Purpose
Working Day
Confidential Information
Payment Terms
Interest
Default Interest
Security
Representations and Warranties
Payment Method
Default
Early Repayment
Force Majeure
Assignment
Set-Off
Notices
Confidentiality
Amendment
Severability
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Termination
Acceleration
Guarantee
Further Assurance
Costs and Expenses
Banking & Financial Services
Real Estate
Professional Services
Manufacturing
Retail
Construction
Healthcare
Technology
Education
Small Business
Legal
Finance
Accounting
Treasury
Credit Control
Risk Management
Compliance
Collections
Corporate Finance
Business Development
Chief Financial Officer
Finance Manager
Credit Controller
Accounts Receivable Manager
Legal Counsel
Debt Collection Officer
Risk Manager
Treasury Manager
Financial Analyst
Business Development Manager
Compliance Officer
Contract Administrator
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