• Views:382
  • Lender:Givetrading
  • Location:Iligan City, Lanao del Norte
  • Loan Max amount:$5000
  • Collateral:None
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Representations and Warranties
1.1 The borrower represents and warrants that:
(a) They have the legal capacity and authority to enter into this agreement and borrow the funds.
(b) All information provided to the lender, including financial information, is true, accurate, and complete.
(c) They will use the loan funds solely for the purpose stated in Section 3 of this agreement.

Loan Administration
2.1 The lender reserves the right to assign or transfer the loan, in whole or in part, to another party, provided that the borrower is notified in writing.

Communication and Notices
3.1 All communications and notices required or permitted under this agreement shall be in writing and sent to the respective addresses provided by the parties.

Confidentiality
4.1 Both parties shall treat all non-public information obtained during the course of this lending agreement as confidential, and shall not disclose or use such information for any purpose other than the performance of this agreement.

Termination
5.1 The lender may terminate this agreement with immediate effect if the borrower breaches any material term or condition contained herein.

Independent Legal Advice
6.1 The borrower acknowledges that they have had the opportunity to seek independent legal advice before entering into this agreement.

Successors and Assigns
7.1 This agreement shall be binding upon and enure to the benefit of the parties hereto and their respective successors and permitted assigns.

Waiver
8.1 No failure or delay on the part of the lender in exercising any right, power, or privilege under this agreement shall operate as a waiver thereof.

Counterparts
9.1 This agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Remember, it is important to consult with a legal professional to ensure that the terms and conditions, including the additional details specific to your lending situation, are appropriate and comply with the laws and regulations in your jurisdiction.

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