Common Contracts
1 similar Simple Loan Agreement contracts
Simple loan agreement template hong kongSimple Loan Agreement • February 7th, 2022
Generally, Hong Kong’s economy is associated with low taxation, low government intervention, and free trade. Hong Kong is generally self-governing, and it has its own currency. If any payment default occurs, all interest then becomes payable on demand. This is drafted at in neutral form. 2. 3. At the request of the Borrower, the Lender agrees to advance the loan to the Borrower on the terms of this agreement. If you want something a little more upscale, the city also hosts a variety of restaurants and chefs with Michelin stars. If liability under this agreement becomes merged in a judgment or order, then the Borrower agrees to pay interest to the Lender on the amount of that liability as an independent obligation. The Borrower is to repay the Principal Outstanding and all Other Amounts Payable. If the Borrower becomes insolvent, the Lender may demand immediate repayment of the Principal Outstanding and the payment of any Other Amount Payable then unpaid, notwithstanding any other provi
