1. Security Release: Required if the original loan was secured and security needs to be released

2. Guarantor Provisions: Required if the original loan had guarantors who need to be released

3. Installment Payment Terms: Required if the settlement is to be paid in installments rather than as a lump sum

4. Default Provisions: Required if settlement involves installment payments, specifying consequences of default

5. Tax Provisions: Required if there are specific tax implications that need to be addressed

6. Surviving Obligations: Required if certain obligations are to survive the settlement

7. Further Assurance: Optional clause requiring parties to execute additional documents if needed

8. Notices: Required if ongoing communications are needed during settlement period

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

2. Schedule 2 - Calculation of Settlement Amount: Detailed breakdown of the settlement amount including principal, interest, and any discounts

3. Schedule 3 - Payment Schedule: If applicable, detailed schedule of installment payments with dates and amounts

4. Schedule 4 - Security Documents: If applicable, list of security documents to be released upon settlement

5. Schedule 5 - Release Forms: Forms of release for any securities, charges, or guarantees

6. Appendix A - Bank Account Details: Payment instructions and bank account details for settlement payment