Loan Agreement for Non-Revolving Term Loan with Royalty Payments (Ontario)

Price $15.00

Document Id : 1064

Use this template to prepare a Loan Agreement for use in the Province of Ontario, Canada. Provisions of the agreement include:
  • The loan is a non-revolving term loan, to be advanced in a single payment.
  • The loan bears no interest until default; instead the borrower will pay a percentage of its net revenues to the lender as a royalty (exclusive of loan advances).
  • All payments are applied to interest first.
This is a Canadian legal agreement in MS Word format.

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