Common Contracts
1 similar Personal Loan Agreement contracts
Personal loan agreement template south africaPersonal Loan Agreement • August 5th, 2021
Insolvency:The full balance of the capital and interest shall become payable immediately if the Borrower becomes Insolvent. 10. Severance. Any provision of this Deed that is invalid or unenforceable will be read down where possible so as to be valid and enforceable, or, if that is not possible, will be severed from this Agreement to the extent of its invalidity of unenforceability, without affecting the remaining provisions, which will remain binding on the Parties. 11. Dispute Resolution.Where any dispute arises among the Parties as to the performance or interpretation of this Deed, the Parties will resolve the dispute in the following manner: First, the Party raising the dispute must notify immediately the other Party of the dispute, providing a reasonable amount of information about the nature of the dispute. Second, the Parties will meet as soon as possible, in person or by video conferencing, and attempt to resolve the dispute by discussion. Third, if such negotiation fails, the P
