Notice:if have any questions about the law ,you can be found on our website related lawyer to answer you.Last month,the attorneys at lawyers-in-usa.com helped millions of people make smarter, more confident legal decisions.

See this article are downloaded The following legal templates:
Announcement Of Price IncreaseMichigan Bill Of Sale Of Personal Property(Sold With Warranty)Notice Of Defective GoodsIndividual Charge Account DenialExtension Of A LeaseWest Virginia Last Will And Testament(Married Adult W/Adult Children)

Financing Agreement Templates Free Download

lawyers-in-usa.com provides thousands of kinds of free legal documents templates, such as the Sales & Marketing,Agreements & Contracts,Sales Letters,Investors Relations,Job Announcement,Shareholders,Selling & Shipping and so on to view online and also can download the .doc templates file.

                           
                            
Below is the Financing Agreementtemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link.

FINANCING AGREEMENT



This Financing Agreement (the Agreement) is effective [DATE],


BETWEEN:  [FINANCING COMPANY NAME] (the "Financer"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

      [COMPLETE ADDRESS]


AND:  [YOUR COMPANY NAME] (the "Financed Company"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

  [YOUR COMPLETE ADDRESS]


For good and valuable consideration, the receipt and legal sufficiency of which are hereby expressly acknowledged, the parties hereto agree as follows:


FINANCING

From time to time during the term of this Agreement and upon the request of Financed Company, Financer shall advance funds to Financed Company to assist Financed Company in promoting and furthering its business; provided that the principal balance of the financing pursuant to this Section 1 outstanding at any time shall not exceed $[AMOUNT]. Advances pursuant to this Section 1 shall be repayable on demand and bear interest payable [MONTHLY/QUARTERLY/YEARLY] on the first of each [SPECIFY MONTH] at an annual rate equal to the rate Financer pays from time to time under its credit agreement with its bank plus 2 percentage points, but in no event less than [%] per annum OR at an annual rate equal to [%]. Financed Company agrees to execute such documentation, including one or more promissory notes, as Financer may reasonably request to evidence the financing hereunder.


TERM AND TERMINATION

Except as provided in Section 2(B) hereof, the term of this Agreement shall commence on the date indicated above and shall terminate at the close of business on [E.G. THE FIRST ANNIVERSARY OF THE DATE HEREOF].

Either party may, by delivering written notice thereof to the other party, terminate any or all of its obligations under this Agreement, effective immediately, if the other party hereto:

Is rendered bankrupt or becomes insolvent, and such insolvency is not cured within [FIFTEEN] days after written notice, or files a written petition in bankruptcy or an answer admitting the material facts recited in such petition filed by another, or discontinues it business, or has a receiver or other custodian of any kind appointed to administer any substantial amount of its property; or

Commits a material breach under this Agreement, which breach is not cured within [THIRTY] days following written notice of such breach from the non-breaching party.

Any such termination shall be in addition to any other rights or remedies available at law or in equity to the terminating party.


ASSIGNMENT/SUCCESSORS

Neither party hereto may assign this Agreement or any rights hereunder to any other Person, without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the successors of the parties hereto.


WAIVER OF BREACH

The failure of any party hereto to enforce at any time any of the provisions of this Agreement shall in no way be construed to constitute a waiver of any such provision nor in any way to affect the validity of this Agreement or any part hereof, including the right of any party thereafter to enforce each and every provision. The waiver by any party to this Agreement of any breach or violation of any provision of this Agreement by the other party hereto shall not operate or be construed to be a waiver of any subsequent breach or violation thereof.


SEVERABILITY

The terms and conditions of this Agreement are hereby deemed by the parties to be severable, and the invalidity or unenforceability of any one or more of the provisions of this Agreement shall not affect the validity and enforceability of the other provisions hereof.


NOTICES

Any notice contemplated by or required or permitted to be given under this Agreement shall be in writing and (a) sent by facsimile, with a copy promptly sent by first class mail, (b) delivered personally, (c) sent by next day or overnight courier or delivery or (d) mailed by registered or certified mail, return receipt requested, postage prepaid, as follows:

To Financer:
ATTN. [NAME], [COMPANY NAME], [COMPLETE ADDRESS], [FAX NUMBER].


To Financed Company:
ATTN. [NAME], [YOUR COMPANY NAME], [YOUR COMPLETE ADDRESS], [YOUR FAX NUMBER].


Or, in each case, at such other address or facsimile number as may be specified in writing to the other parties hereto. Such notices, requests and other communications sent as provided hereinabove shall be effective: (a) if sent by facsimile on a business day between the hours of [TIME] a.m. and [TIME] p.m. [CITY] time, upon sending, but if sent by facsimile at any other time, upon the next business day; (b) upon receipt, when personally delivered; (c) the next business day, if sent by overnight courier or delivery; and (d) if sent by registered or certified mail, return receipt requested, upon the expiration of the [FIFTH] business day after being deposited in the [COUNTRY] mail.


CHOICE OF LAW

This Agreement shall in all respects be governed by and construed in accordance with the laws of the [State/Province] of [STATE/PROVINCE].


CONSTRUCTION OF AGREEMENT; ENTIRE AGREEMENT; AMENDMENTS

This Agreement may be executed in counterparts in order to provide each party hereto with a fully executed original hereof. In that this Agreement was prepared as a result of negotiation and mutual agreement between the parties hereto, neither this Agreement nor any provision hereof shall be construed against either party hereto as the party who prepared this Agreement or any such provision.

This Agreement reflects the complete understanding of the parties as of the date hereof and constitutes their entire agreement regarding the subject matter hereof, all prior negotiations, representations and statements having been merged herein. This Agreement may be amended only by a written amendment between the parties hereto.



IN WITNESS WHEREOF, each party to this agreement has caused it to be executed at [PLACE OF EXECUTION] on the date indicated above.


[FINANCING COMPANY NAME]      [YOUR COMPANY NAME]




                          
Authorized Signature          Authorized Signature


                          
Print Name and Title          Print Name and Title


click to download Financing Agreement template

Strategic ManagementEmployee Records