|Document Type:||Microsoft Word|
|Build Time:||5 Min|
|Plus 1 this Document:|
This Unsecured Loan Agreement Template assumes that the loan is being made from a trust to a company simultaneously with the signing of this unsecured loan agreement Template If the loan has already been made by the Trustee then use document Unsecured Loan: Trust To a Company (existing Loan).
Please Note: This Unsecured Loan Agreement Template should only be used if there is a provision in the Trust Deed enabling the Trust to lend money to the Company.
LAWLIVE recommends: This is a complex document which involves the creation of complex legal rights and obligations and may give rise to various taxation and liability consequences. The best way to use this document is to complete it, print it out, print out all of the checklists that apply to it and all other LawLive information that relates to this type of document. When you have done this, LawLive recommends you read it carefully and instruct lawyers to assist you in the finalisation of the document and that you take tax advice from your accountant or tax adviser as to any income tax, capital gains or GST consequences.
This Unsecured Loan Agreement includes the following provisions:
1. Borrower's acknowledgement of the loan
2. Repayment of the loan
3. Early repayment
4. Interest payable
5. Default by Borrower
6. Whole agreement
7. Option to require security in future
8. Guarantee (optional)