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1. Parties: Identification of the lender and borrower
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Amenities Description: Detailed description of amenities covered by the agreement
5. Loan Terms: Principal amount, interest rate, payment terms
6. Usage Rights: Terms of access and use of amenities
7. Maintenance Obligations: Responsibilities for upkeep and maintenance
8. Default Provisions: Consequences of payment default or breach
1. Insurance Requirements: Required insurance coverage for amenities when significant value or liability risk exists
2. Security Provisions: Terms regarding collateral or security when additional security is required for the loan
3. Operating Hours: Specific times amenities are available, applicable for shared or managed amenities
1. Schedule A - Amenities Description: Detailed list and specifications of included amenities
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms and dates
3. Schedule C - Maintenance Schedule: Regular maintenance requirements and schedules
4. Appendix 1 - Insurance Certificates: Copies of required insurance documentation
5. Appendix 2 - Operating Procedures: Detailed procedures for amenity usage
Amenities
Applicable Law
Borrower
Business Day
Commencement Date
Default
Default Rate
Event of Default
Facility
Interest Rate
Lender
Loan
Loan Amount
Maintenance Fees
Operating Hours
Payment Date
Permitted Use
Principal Amount
Property
Repayment Schedule
Security
Term
Usage Rights
User Rules
Utilities
Interest and Payments
Security and Collateral
Amenities Access Rights
Usage Rules and Restrictions
Maintenance and Repairs
Operating Hours
Insurance Requirements
Default and Remedies
Force Majeure
Assignment and Transfer
Indemnification
Liability Limitations
Compliance with Laws
Health and Safety
Utilities and Services
Termination Rights
Dispute Resolution
Notices
Amendments and Modifications
Governing Law
Severability
Entire Agreement
Representations and Warranties
Fees and Charges
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