1. Outstanding Interest Calculation: Detailed calculation of any outstanding interest, to be included if there are complex interest calculations or disputes

2. Security Release: Provisions for releasing any security or collateral, required only if the original loan was secured

3. Tax Implications: Statements regarding tax responsibilities, included if there are significant tax consequences to the termination

4. Third Party Rights: Provisions regarding rights of guarantors or other third parties, needed if third parties were involved in the original loan

5. Survival Clauses: Specification of which provisions survive termination, included for complex loans with ongoing obligations

6. Dispute Resolution: Detailed alternative dispute resolution procedures, recommended for high-value loans or complex relationships

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

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

3. Schedule 3 - Payment Schedule: If settlement is to be paid in installments, detailed payment schedule with dates and amounts

4. Appendix A - Security Release Documents: Forms and documents required for releasing any security or collateral

5. Appendix B - Confirmation of Payment: Template or actual confirmation of final payment or settlement