Common Contracts
1 similar Intercompany Loan Agreement contracts
Intercompany loan agreement template australiaIntercompany Loan Agreement • May 10th, 2021
An inter-company loan agreement allows two child entities to borrow and loan funds from each other that have the same parent company. The loans are usually favorable to one-side in order to help with cash reserves or help make an investment whereas the other child entity lacks the finances to do. [fbcomments] LOAN AGREEMENTAcknowledgement of Debt. 1. PartiesThis Loan Agreement is made between: Full Name (ABN or ACN) of Address , (“the Borrower”), and Full Name (ABN or ACN) of Address (“the Lender”), together know as the "Parties". 2. Date of Agreement:This Agreement is effective Effective Date. 3. Period of Loan: This loan shall endure for a period of 3 months calculated from the Date of Agreement 3. Loan Amount: The Borrower promises to pay to the Lender $10,000 and Interest as well as other charges outlined below. Interest: The Borrower shall be obliged to pay interest at the rate of 12 percent (%) per annum, the "Interest", such interest to be paid together with the capital sum of t
