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Financial Agreements

Bridge Loan Agreement

November 23, 2011 by agri in Financial Agreements with 0 Comments
The Bridge Loan Agreement is made between two parties; one of whom is the “Lender” or the bank or financial institution and the other is the “Borrower” or the company. This agreement constitutes the amount of loan applied for, notice of borrowing, interest rates, taxes, compliance with laws, payment of obligations, fixed charge and debt coverage, and unconditional guarantee among others.

You can Download the Free Bridge Loan Agreement customize it according to your needs and Print. Bridge Loan Agreement is either in MS Word, Excel or in PDF.

Sample Bridge Loan Agreement

Bridge Loan Agreement

Download this USA Attorney made Original Agreement for only $9.99

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This agreement is made between the Lender and the Borrower on the effective date of 12th November, 2011.

Lender represented by

Mr. Josh Kovacs

Address: 428 N Simpson Street, Philadelphia PA 19151

Contact number: (215) 622-9827

Borrower represented by:

Mr. Arthur Shaw

Address: 417 South Carlisle Street, Philadelphia PA 19146

Contact number: (215) 271-8656

Terms and Conditions:

  • The Lender agrees to provide to the said borrower a loan that is subject to the terms and conditions of this Bridge Loan Agreement, and the aggregate amount of loan is $500,000 and will be known as the “Principal Amount” and has to be provided through several installments as described in this Agreement.
  • The Company or Borrower will use the Principal Amount mentioned in this Bridge Loan Agreement in accordance with a pre-approved budget hence forth known as the “Budget”, and a copy of the same should be provided to the Lender prior to the sanction of the loan and this is to be included in the Schedule of Exceptions and Disclosures section in this Agreement.
  • The Lender will transfer the first installment of the loan to the Borrower aggregating to amount of $200,000 on Sunday, November 13, 2011 and will henceforth be known as the “First Installment”.

This Bridge Loan Agreement shall be in force when the parties “Lender” and “Borrower” set their seals as on the date 11/12/2011 (MM/DD/YY).

SIGNED FOR AND ON BEHALF OF LENDER BY:

…………………………………………………………….

Name:

SIGNED FOR AND ON BEHALF OF BORROWER BY:

…………………………………………………………….

Name:

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