THE RESTRUCTURED LOAN. 2.1. The Lender hereby consolidate and/or restructure its existing loans owed by the Borrower to the Lender as reflected in Schedule "A", subject to the Terms and Conditions set out in this Loan Restructuring Agreement. 2.2. This Agreement shall be subject to a cooling off period of three (3) business days as stipulated in the Microlending Act and regulations as amended from time to time. 2.3. The Borrower undertakes to repay the restructured loan outstandings and interest to the Lender in full by no later than the Final Repayment Date. 2.4. The Borrower declares that he/she is legally and unconditionally indebted to the Lender for the Restructured Loan Outstanding as well as the interest and charges stipulated per Schedule “A”.
Appears in 5 contracts
Samples: Loan Restructuring Agreement, Loan Restructuring Agreement, Loan Restructuring Agreement
