Loan Extension Agreement Template for India

1. Parties: Identification of the lender and borrower with their complete legal details

2. Background: Reference to the original loan agreement, its date, and key terms; reason for extension

3. Definitions: Key terms used in the agreement, including references to defined terms in the original agreement

4. Extension of Term: Specific details of the loan extension period and new maturity date

5. Repayment Terms: Modified repayment schedule, installment amounts, and payment dates

6. Interest Rate: Confirmation or modification of interest rate for the extension period

7. Confirmation of Other Terms: Affirmation that other terms of the original agreement remain unchanged

8. Conditions Precedent: Conditions that must be satisfied before the extension becomes effective

9. Representations and Warranties: Updated confirmations about the borrower's status and ability to perform

10. Governing Law: Confirmation of Indian law as governing law

11. Execution: Signature blocks and execution formalities

1. Schedule 1 - Original Loan Agreement: Copy or key details of the original loan agreement being extended

2. Schedule 2 - Modified Repayment Schedule: Detailed table of new repayment dates and amounts

3. Schedule 3 - Security Details: List of existing security arrangements that continue or are modified

4. Schedule 4 - Conditions Precedent Documents: List of documents required to be delivered for the extension

5. Appendix A - Form of Compliance Certificate: Template for ongoing compliance reporting, if required

6. Appendix B - Fee Schedule: Detailed breakdown of any fees payable for the extension