Borrow money

About this business activity

When you need money but don't have it, you can borrow it. This can help you pay for things like medical expenses, big purchases, or living expenses if you're unemployed. Borrowing money can keep you from struggling financially.

Facility Agreement (Bilateral Loan Agreement)

The Facility Agreement (Bilateral Loan Agreement) under UK law is a legal template that outlines the terms and conditions of a loan between two parties. This agreement is specifically designed for bilateral loans, which are loans between two parties and not involving a syndicate or multiple lenders.

The template covers all essential aspects of the loan agreement, including the loan amount, interest rate, repayment terms, and any specific obligations or covenants that both parties must adhere to. It provides a clear framework for the borrower and lender to understand their rights and responsibilities throughout the loan term.

Under UK law, this Facility Agreement ensures compliance with applicable legal requirements and regulations. It helps to safeguard the interests of both parties involved, minimizing potential disputes or misunderstandings.

This legal template can be utilized across various industries and sectors for bilateral loan transactions, such as financing for corporate acquisitions, infrastructure projects, real estate development, or working capital needs. It offers flexibility for customization, allowing parties to include specific provisions or clauses tailored to their unique requirements.

By using this Facility Agreement (Bilateral Loan Agreement) template under UK law, both the borrower and lender can establish a clear understanding of their financial obligations and protect their respective interests throughout the loan term. It serves as a valuable tool to formalize and regulate bilateral loan transactions under the legal framework of the United Kingdom.

Publisher

Genie AI

Jurisdiction

England and Wales

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Bilateral Term Sheet

A Bilateral Term Sheet under UK law is a legal template that serves as a preliminary agreement or outline for a potential business transaction or partnership between two parties. This document sets out the key terms and conditions that both parties have agreed upon and intend to incorporate into a subsequent formal agreement, such as a contract or a joint venture agreement.

This template typically provides a clear and concise summary of the parties involved, the purpose and scope of the intended transaction, and the essential terms and conditions that will govern the relationship between them. It often includes provisions related to the commercial aspects of the transaction, such as the pricing, payment terms, delivery obligations, and any relevant performance indicators or milestones.

Additionally, a Bilateral Term Sheet typically outlines the rights, responsibilities, and obligations of each party involved, including any confidentiality, non-disclosure, or non-compete agreements, as well as any intellectual property considerations. It may also address dispute resolution methods, including jurisdiction and arbitration clauses, to establish a legal framework for resolving potential conflicts.

While it is essential to acknowledge that a Bilateral Term Sheet is not a legally binding contract itself, it serves as a guide for both parties as they negotiate and attempt to reach a final agreement. Therefore, it plays a crucial role in ensuring that both parties have a shared understanding of the intended transaction and paves the way for drafting a formal, legally binding agreement that will govern their relationship going forward.

Publisher

Genie AI

Jurisdiction

England and Wales

Use this template

Relevant Contract Types

🧾 Bilateral term sheet

A bilateral term sheet is a contract that outlines the terms of an agreement between two parties. It is typically used in business transactions, such as mergers and acquisitions, and can be used in other types of transactions as well. The term sheet outlines the key terms and conditions of the agreement, and is typically the first step in the negotiation process.

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💶 Facility agreement

A facility agreement is a type of agreement that is used to provide financing for a company or individual. The agreement outlines the terms of the loan, including the interest rate, repayment schedule, and any collateral that is required. The agreement also outlines the roles and responsibilities of the lender and borrower.

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Featured templates

Advisor Agreement (Payment Via Share Options)

This legal template, titled "Advisor Agreement (Payment Via Share Options) under UK law," is a contractual document that outlines the terms and conditions between a company and an advisor. The agreement is specific to the United Kingdom jurisdiction and focuses on a unique payment arrangement whereby the advisor will receive compensation in the form of share options rather than traditional monetary methods.

The template aims to establish a clear understanding and binding agreement between the company and the advisor regarding the services provided, the duration of the agreement, and the compensation structure. The document will generally include sections such as:

1. Party details: Identifies the company and the advisor, providing their respective names, addresses, and other necessary identification details.
2. Engagement terms: Outlines the scope of services the advisor will provide to the company, specifying the nature of their expertise and the specific areas they will be advising on.
3. Compensation: Details how the advisor will be remunerated for their services primarily through the allocation of share options. It may include information on the method of valuation, the exercise period, vesting conditions, and any additional terms related to the share options.
4. Confidentiality and non-disclosure: Includes provisions to protect the company's sensitive information and trade secrets, ensuring that the advisor maintains strict confidentiality during and after the agreement.
5. Intellectual property: Clarifies the ownership and rights related to any intellectual property created or utilized during the advisory engagement.
6. Termination: Establishes the circumstances under which either party can terminate the agreement, and the notice period required for such termination.
7. Governing law and jurisdiction: Specifies that the agreement will be governed by UK law and designates the specific jurisdiction for any legal disputes that may arise.

The Advisor Agreement (Payment Via Share Options) under UK law is crucial for ensuring a transparent and legally binding relationship between a company and an advisor, outlining the rights, obligations, and compensation structure to protect the interests of all parties involved. As specific laws and regulations may vary, it is advisable to obtain legal counsel to tailor the document to the unique requirements of the situation.

145

Publisher

Genie AI

Jurisdiction

England and Wales

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Consultancy Agreement - Company appointing an individual consultant (not using a personal service company)

The Consultancy Agreement is a legal document that outlines the contractual relationship between a company and an individual consultant, who is not engaged through a personal service company, according to the laws of the United Kingdom. This template serves as a comprehensive agreement that defines the terms, rights, and obligations between both parties throughout the consultancy engagement.

The agreement covers various essential aspects, including the scope of work, deliverables, and project timelines. It outlines the consultant's responsibilities, ensuring they provide their professional expertise, experience, and skills to assist the company in achieving specific objectives. The agreement also details the payment terms, such as the agreed upon consultancy fees, expenses, and reimbursement policies.

Additionally, this template typically addresses the consultant's obligations regarding confidentiality and non-disclosure of any proprietary or sensitive information they may gain access to during the engagement. It may include provisions safeguarding the company's intellectual property rights and ensuring that the consultant does not engage in any conflicting activities or compete with the company's business interests.

The Consultancy Agreement also covers important legal aspects that regulate the relationship between both parties. It typically includes clauses regarding termination and the circumstances under which either party can end the agreement. The document may also address dispute resolution mechanisms, indemnification, liability limitations, and any other necessary legal provisions to protect the interests of both the company and the consultant.

In summary, this legal template for a Consultancy Agreement provides a solid foundation for establishing a clear and mutually beneficial working relationship between a company and an individual consultant under the jurisdiction of UK law. By utilizing this template, both parties can define their expectations, protect their rights, and ensure compliance with applicable legal requirements throughout the consultancy engagement.

118

Publisher

Genie AI

Jurisdiction

England and Wales

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Intellectual Property Assignment (for founders to assign IP to company)

This legal template, called "Intellectual Property Assignment (for founders to assign IP to company) under UK law," is a comprehensive document designed to facilitate the transfer of intellectual property (IP) rights from founders or creators to their company, operating in the United Kingdom.

The template aims to establish a clear and legally binding agreement between the founders and the company regarding the ownership and control of any intellectual property assets developed during the course of business operations. Intellectual property can include a wide range of intangible creations, such as inventions, designs, trademarks, copyrights, or trade secrets.

By utilizing this document, founders can formalize the transfer of their IP rights to the company, ensuring that the company has full rights and control over these assets. The template typically outlines the relevant terms and conditions of the assignment, including details about the IP being transferred, warranties and representations by the founders, and the consideration or compensation, if any, provided to the founders in return for the assignment.

This legal template serves as a valuable tool for both parties involved. For the founders, it ensures that their contributions to the company's IP are appropriately recognized, while also protecting their interests, such as receiving fair compensation or ongoing benefits from the IP. On the other hand, the template provides the company with clear ownership rights and control over the IP, which is crucial for protecting their investments, attracting investors, and facilitating future licensing or commercialization opportunities.

It's important to note that each situation may have unique circumstances, and this template should be customized to fit the specific needs and requirements of the founders and the company. Consulting with legal professionals specializing in intellectual property or corporate law is highly recommended to ensure compliance with UK laws and to address any specific concerns or considerations that may arise during the assignment process.

Publisher

Genie AI

Jurisdiction

England and Wales

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Draft order for application notice

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Borrow money for MBO

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📁 Share option agreement

💰 Share option plan rules

📁 Share option agreement

💰 Share option plan rules

🌟 Severance agreement

💳 Employee benefit trust loan

🏰 Sale of freehold agreement

🧾 EMI assurance application

🖌️ Application for validation order

🗞️ Pension scheme trust

⚡ Notice

📜 ET3

🔌 Data breach letter

⛪ mortgage agreement

🏢 TP1

🏠 Car park lease

🏢 Possession notice

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🏚️ Authorised guarantee agreement

🏡 Personal representatives deed

🍀 Fishing licence

⛪ Rent deferral letter

⛪ Conveyencing letter

🏷️ Video production agreement

🏠 Photographs of public form

💼 Screenplay writer's agreement

🧾 Conditions precedent waiver letter

📜 Film crew agreement

📂 Termination letter

📃 Music publishing agreement

💳 Fee letter

💴 Loan consent request

🗞️ Working hours agreement

📰 Salary sacrifice document

💷 Capital expenditure restriction

✏️ Application for naturalisation

🖌️ Life assurance agreement

🗞️ Maternity return notice

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📑 Employee performance letter

📄 Employment tribunal management order

📑 Commission plan

💼 Compassionate leave policy

📄 Career break policy

📝 Constructive dismissal

📰 Application for order

📰 Application to withdraw claim

🪙 Consent to general meeting

💴 Rights Waiver

💻 Website terms of use

💼 Competition or prize agreement

📰 Project initiation document

🔖 Slavery and human trafficking statement

📂 Marketing agency agreement

🪙 Profit sharing agreement

✒️ Joint bidding agreement

🖨️ One-way NDA

🏠 Surrender agreement

🖊️ Framework services agreement

🖋️ Letter to tender

☘️ Pre-contract enquiry

🏠 Security of tenure exclusion

🏡 Development finance provisions

💰 Project finance representations and warranties

💵 Real estate finance agreement

💸 Events of default clause

💸 Term loan agreement

🖊️ Product release

🙎 Memorandum on product safety

🩸 Quality schedule

💁 Product recall memo

🙎 Product safety corrective action memorandum

💵 Nomination committee terms of reference

💶 Remuneration committee terms of reference

🪙 Letter of appointment

🖋️ Auditor appointment resolution

📂 Letter of response to complaint

🔖 Age discrimination letter

📑 Contract term extension letter

📑 Procurement correspondence

📂 Without prejudice letter

📁 Acknowledgement letter

💼 Contract award letter

📑 Final tender letter

🖊️ Standstill letter

📁 Tax election letter

✏️ Unsuccessful supplier letter

🏡 Notice of Abandonment

📄 Possession claim

🖊️ Private nuisance letter

🗞️ Letter before claim

💼 Conditional fee agreement

🖊️ Correction and apology

💷 Cash underpinning agreement

📁 Dividend waiver

💳 Website notification

📃 List of documents

💶 Compulsory acquisition procedure

💸 Takeover timetable

✏️ Director's statement of responsibility

💸 Acceptance condition

💶 IPO document list

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Borrow money

About this business activity

Facility Agreement (Bilateral Loan Agreement)

Bilateral Term Sheet

Relevant Contract Types

🧾 Bilateral term sheet

💶 Facility agreement

Featured templates

Advisor Agreement (Payment Via Share Options)

Consultancy Agreement - Company appointing an individual consultant (not using a personal service company)

Intellectual Property Assignment (for founders to assign IP to company)

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