Financing Agreement

About this template:

This particular legal document or agreement of assignment is used to assist in articulating the terms of a financing agreement. See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/

Excerpt:

FINANCING AGREEMENT This Financing Agreement (the Agreement) is effective [DATE] For good and valuable consideration the receipt and legal sufficiency of which are hereby expressly acknowledged the parties hereto agree as follows: 1. 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

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