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1. Parties: Identification of the lender and borrower with complete details
2. Background: Context of the loan agreement and relationship between parties
3. Definitions: Key terms used throughout the document
4. Loan Amount and Disbursement: Principal amount, currency, and disbursement details
5. Interest Rate: Interest rate, calculation method, and compounding frequency
6. Repayment Terms: Payment schedule, amounts, and method of payment
7. Forgiveness Conditions: Specific conditions and criteria under which the loan can be forgiven
8. Forgiveness Process: Procedure for requesting and granting loan forgiveness
9. Representations and Warranties: Statements of fact by the borrower regarding their ability to repay
10. Events of Default: Circumstances that constitute default and consequences
11. Governing Law: Applicable law and jurisdiction
12. Notices: How formal communications between parties should be made
13. Execution: Signature blocks and execution details
1. Security: Include when the loan is secured by collateral or guarantees
2. Tax Implications: Include when specific tax consequences of forgiveness need to be addressed
3. Partial Forgiveness: Include when the loan can be forgiven in parts based on different criteria
4. Assignment: Include when either party may need to transfer their rights under the note
5. Prepayment Terms: Include when early repayment is allowed with specific terms
6. Force Majeure: Include when certain external events might affect forgiveness conditions
7. Compliance Requirements: Include when forgiveness is tied to regulatory or compliance matters
1. Repayment Schedule: Detailed schedule of payment dates and amounts
2. Forgiveness Milestones: Specific targets or conditions that trigger forgiveness
3. Required Documentation: List of documents needed to prove forgiveness conditions are met
4. Calculation Method: Detailed explanation of interest calculations and forgiveness amounts
5. Compliance Certificates: Templates for periodic compliance certification if required
Applicable Law
Business Day
Default
Default Interest Rate
Disbursement Date
Due Date
Effective Date
Event of Default
Forgiveness Conditions
Forgiveness Date
Forgiveness Period
Interest
Interest Rate
Lender
Loan
Loan Amount
Maturity Date
Notice
Outstanding Amount
Payment Date
Principal Amount
Promissory Note
Repayment Schedule
Required Documentation
Security
Taxes
Term
Working Day
Borrower
Forgiveness Certificate
Compliance Period
Performance Criteria
Milestone Date
Qualifying Event
Interest
Repayment
Forgiveness Conditions
Default
Representations and Warranties
Security
Notice
Assignment
Governing Law
Force Majeure
Severability
Amendment
Waiver
Tax Compliance
Dispute Resolution
Indemnification
Confidentiality
Entire Agreement
Further Assurance
Counterparts
Survival
Stamp Duty
Record Keeping
Compliance with Laws
Education
Healthcare
Information Technology
Financial Services
Professional Services
Manufacturing
Real Estate
Non-profit Organizations
Retail
Hospitality
Legal
Finance
Human Resources
Compliance
Treasury
Risk Management
Talent Management
Corporate Affairs
Tax
Internal Audit
Chief Financial Officer
Human Resources Director
Legal Counsel
Finance Manager
Compliance Officer
Treasury Manager
HR Benefits Administrator
Compensation Specialist
Corporate Attorney
Financial Controller
Talent Acquisition Manager
Risk Manager
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