template

Loan Note Instrument For Unsecured Loan Notes

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

This is a legal document for a loan in the form of a promissory note, with accompanying drafting notes, for a fixed-rate, unsecured loan.

Key issues covered in this template

  • Accruing interest
  • Assets
  • Change of name/address
  • Enforcement
  • Events specified in clause 9
  • Foreign proceedings
  • Insolvency
  • Loan notes
  • Period of a month
  • Schedules form part of agreement
  • N/A

What to watch out for

  • The document should be clear and concise

  • It should be easy to read and understand

  • All terms and conditions should be clearly stated

  • The document should be free of any errors or typos

1

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

C
Sport & Entertainment
50%
Technology
50%

Additional information

Business categories

Business activities

Contract type

Relevant sectors

Finance

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes