The Contract to Pay Back Money serves as a fundamental legal instrument in lending transactions across the United States, suitable for both individual and institutional lending arrangements. This document is essential when parties need to formalize a loan agreement, whether for personal, business, or investment purposes. It provides a comprehensive framework that details the loan amount, interest calculations, repayment schedule, and default consequences, while ensuring compliance with applicable federal regulations and state-specific requirements. The agreement becomes particularly crucial in protecting both lender and borrower interests by clearly documenting obligations, remedies, and any security arrangements. It's commonly used in various scenarios, from simple personal loans to complex business financing, and can be adapted to include additional provisions such as guarantees or collateral requirements based on specific needs.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies the lender and borrower with their full legal names and addresses
2. Background: Brief context of the loan agreement, including the borrower's request and lender's agreement to provide the loan
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Loan Amount and Purpose: Specifies the principal amount being lent and its intended use
5. Interest Rate: Details the applicable interest rate, calculation method, and any variations
6. Repayment Terms: Specifies payment schedule, amounts, and method of payment
7. Prepayment: Terms regarding early repayment options and any associated penalties or benefits
8. Events of Default: Defines circumstances constituting default and consequences
9. Remedies: Outlines lender's rights and remedies in case of default
10. Representations and Warranties: Borrower's confirmations regarding their financial status and capacity
11. Notices: How formal communications between parties should be made
12. Governing Law: Specifies the jurisdiction and applicable law
13. Execution: Signature blocks and execution requirements
1. Security: Include when the loan is secured by collateral, describing the assets and security arrangements
2. Guarantees: Include when there is a guarantor for the loan
3. Insurance Requirements: Include when borrower must maintain specific insurance on collateral
4. Financial Covenants: Include for business loans requiring maintenance of specific financial metrics
5. Co-Borrower Provisions: Include when there are multiple borrowers
6. Late Payment Provisions: Include specific penalties or consequences for late payments
7. Assignment and Transfer: Include if either party may transfer their rights under the agreement
8. Subordination: Include when this loan needs to be subordinated to other debts
1. Repayment Schedule: Detailed amortization table showing payment dates, amounts, and allocation between principal and interest
2. Collateral Description: Detailed description of any assets securing the loan
3. Guarantor Information: Details of guarantors and their obligations
4. Existing Liens: List of any existing liens or encumbrances on collateral
5. Required Insurance: Specific insurance requirements and coverage amounts
6. Form of Promissory Note: Standard form of promissory note if separate from main agreement
Relevant legal definitions
Agreement
Applicable Law
Business Day
Borrower
Collateral
Default
Default Interest Rate
Default Notice
Due Date
Effective Date
Event of Default
Governing Law
Guarantor
Interest
Interest Period
Interest Rate
Lender
Loan
Loan Amount
Material Adverse Change
Maturity Date
Outstanding Balance
Payment Date
Permitted Purpose
Principal
Repayment Schedule
Security
Security Interest
Term
Term of Loan
Applicable Law
Business Day
Borrower
Collateral
Default
Default Interest Rate
Default Notice
Due Date
Effective Date
Event of Default
Governing Law
Guarantor
Interest
Interest Period
Interest Rate
Lender
Loan
Loan Amount
Material Adverse Change
Maturity Date
Outstanding Balance
Payment Date
Permitted Purpose
Principal
Repayment Schedule
Security
Security Interest
Term
Term of Loan
Clauses
Loan Amount
Interest Rate
Repayment Terms
Security Interest
Default
Acceleration
Representations and Warranties
Covenants
Events of Default
Remedies
Payment Terms
Prepayment
Late Payment
Assignment
Notices
Governing Law
Jurisdiction
Force Majeure
Severability
Amendment
Entire Agreement
Counterparts
Waiver
Indemnification
Confidentiality
Costs and Expenses
Further Assurance
Set-off Rights
Subordination
Guarantee
Interest Rate
Repayment Terms
Security Interest
Default
Acceleration
Representations and Warranties
Covenants
Events of Default
Remedies
Payment Terms
Prepayment
Late Payment
Assignment
Notices
Governing Law
Jurisdiction
Force Majeure
Severability
Amendment
Entire Agreement
Counterparts
Waiver
Indemnification
Confidentiality
Costs and Expenses
Further Assurance
Set-off Rights
Subordination
Guarantee
Relevant Industries
Banking
Financial Services
Real Estate
Construction
Small Business
Education
Healthcare
Manufacturing
Retail
Technology
Professional Services
Family Business
Private Lending
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Credit Administration
Collections
Corporate Governance
Business Development
Contract Administration
Relevant Roles
Chief Financial Officer
Finance Manager
Legal Counsel
Compliance Officer
Credit Manager
Loan Officer
Financial Controller
Risk Manager
Treasury Manager
Collections Manager
Account Manager
Business Development Manager
Contract Administrator
Corporate Secretary
Financial Analyst
Find the exact document you need
Promissory Note For Payment Of Debt
A U.S. legal document establishing a borrower's promise to repay a specific sum to a lender under defined terms.
find out more
Promissory Note Money Loan
A U.S. legal document establishing terms and conditions for a monetary loan between parties, governed by federal and state lending laws.
find out more
Promissory Note Personal Guarantee Language
A U.S. legal document combining a promissory note with a personal guarantee of repayment, providing additional security for lenders.
find out more
Promissory Note Payable To Order
A U.S. legal instrument containing a written promise to pay a specified sum to a named party or their order, governed by the UCC.
find out more
Promissory Note Lump Sum Payment
A U.S. legal document containing a written promise to pay a specified sum of money in a single payment at a future date.
find out more
Promissory Note Lien
A U.S. legal document combining a promise to repay with a security interest in property, governed by federal and state laws.
find out more
Promissory Note In English
A legally binding document evidencing a debt and repayment terms, enforceable under U.S. law.
find out more
Payment Plan Promissory Note
A U.S. legal document establishing loan terms and scheduled repayment obligations between lender and borrower.
find out more
Promissory Note For Installment Payments
A U.S. legal document establishing a borrower's promise to repay a loan through scheduled installment payments.
find out more
Simple Promise To Pay Letter
A legally binding document used in the United States that formally acknowledges a debt and commits to its repayment under specified terms.
find out more
Promissory Note To Pay Back Money
A legally binding U.S. document containing a written promise to repay a specific sum of money under defined terms.
find out more
Promissory Note For Family Loan
A U.S. legal document that formalizes and documents the terms of a loan between family members.
find out more
Contract To Pay Back Money
A U.S.-governed agreement documenting loan terms, repayment obligations, and security arrangements between a lender and borrower, compliant with federal and state lending laws.
find out more
Unsecured Promissory Note Installment Payments
A U.S. legal document establishing terms for an unsecured loan to be repaid through scheduled installment payments.
find out more
Second Deed Of Trust Promissory Note
A U.S. legal instrument combining a promissory note with a secondary security interest in real property, subordinate to a first deed of trust.
find out more
Promissory Note For Stock Purchase
A U.S. legal document combining a promissory note with stock purchase terms, enabling payment for company shares over time.
find out more
All Inclusive Promissory Note
A U.S. legal document that combines multiple loans into a single promissory note with comprehensive payment terms.
find out more
Promissory Note Secured By A Deed Of Trust
A U.S. legal instrument combining a promise to pay with property security through a deed of trust.
find out more
Purchase Money Promissory Note
A U.S. legal document evidencing a debt obligation created to finance the purchase of property or assets, detailing repayment terms and conditions.
find out more
Due On Demand Promissory Note
A U.S. legal instrument documenting a debt obligation payable upon the lender's demand, governed by state laws and the UCC.
find out more
Private Loan Promissory Note
A U.S. legal document that establishes the terms and conditions of a private loan agreement, creating an enforceable obligation for repayment.
find out more
Hard Money Loan Promissory Note
A U.S. legal document establishing terms for a high-interest, asset-backed loan typically secured by real estate.
find out more
Easy Promissory Note
A U.S.-compliant written promise to repay a specified sum of money under defined terms and conditions.
find out more
General Promissory Note
A legally binding U.S. document containing a written promise to repay a specific sum of money under defined terms.
find out more
Quick Promissory Note
A legally binding U.S. document containing a written promise to pay a specified sum of money under defined terms.
find out more
Generic Promissory Note
A legally binding document used in the U.S. containing a written promise to pay a specified sum under defined terms.
find out more
Unsecured Promissory Note Lump Sum Payment
A U.S. legal document evidencing an unsecured debt to be repaid in a single payment, with specified terms and conditions.
find out more
Standby Promissory Note
A U.S.-governed financial instrument documenting a contingent promise to pay a specified sum under defined terms and conditions.
find out more
Refinance Promissory Note
A U.S. legal document that establishes new terms for an existing loan, replacing the original promissory note with updated financing conditions.
find out more
Promissory Note Signed By Borrower Only
A U.S. legal document containing a written promise to pay a specified sum of money, signed only by the borrower.
find out more
Promissory Note Shareholder Loan To Corporation
A U.S. legal document evidencing a loan from a shareholder to their corporation, including terms of repayment and interest.
find out more
Partial Claim Promissory Note
A U.S. legal document evidencing a borrower's promise to repay a portion of a debt, commonly used in loan modifications and government-backed mortgage programs.
find out more
Mobile Home Promissory Note
A legally binding U.S. document that outlines the terms and conditions of a loan for purchasing a mobile home, subject to federal and state regulations.
find out more
Medical Promissory Note
A U.S. legal document establishing a patient's promise to pay for received medical services, including payment terms and conditions.
find out more
Lender Promissory Note
A U.S. legal document representing a borrower's written promise to repay a loan under specified terms.
find out more
Consumer Promissory Note
A U.S. legal document that establishes the terms of a consumer loan, including repayment obligations and interest rates.
find out more
Business Loan Promissory Note
A U.S. legal document evidencing a business loan agreement, including loan amount, terms, and repayment obligations.
find out more
Standard Promissory Note Secured
A U.S. legal document evidencing a loan agreement secured by collateral, including payment terms and security details.
find out more
Installment Loan Agreement Promissory Note
A U.S.-governed agreement establishing terms for an installment loan, incorporating both loan agreement and promissory note elements.
find out more
Personal Guarantee On Promissory Note
A U.S. legal document where a guarantor assumes responsibility for another party's debt obligation specified in a promissory note.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)