The form of a loan agreement concluded between legal entities with the payment of remuneration (interest) for the use of the loan with the accrual of a penalty for late payment.
LOAN AGREEMENT
city _______________ "____" __________ 20___
LLP "________________________" represented by the director ______________________ ______________, acting on the basis of the Charter, hereinafter referred to as the "Lender",
and LLP "____________________" represented by the director ________________, acting on the basis of the Charter, hereinafter referred to as the "Borrower",
have concluded this agreement as follows.
1. THE SUBJECT OF THE AGREEMENT
1.1. The Lender transfers, under the terms of this agreement, to the ownership of the Borrower money in the amount of ________________ (__________________________________) tenge, and the Borrower undertakes to return to the Lender the same amount of money (loan amount).
1.2. The loan amount specified in paragraph 1.1 is provided to the Borrower for a period of __________________________.
2. RIGHTS AND OBLIGATIONS OF THE PARTIES
2.1. The Lender undertakes to provide the money specified in paragraph 1.1 of this agreement to the Borrower within _______ days from the date of signing this agreement by transferring it in a non-cash form to the Borrower's account.
2.2. The date of the loan is the date of receipt of funds to the account of the Borrower.
2.3. Upon the expiration of the period specified in paragraph 1.2, the Borrower undertakes to repay the loan amount received from the Lender under this agreement in the manner and on the terms established in paragraph 2.4 of this agreement.
2.4. Not later than the next day after the expiration of the loan period specified in clause 1.2 of this agreement, the Borrower must transfer 100 (one hundred) percent of the loan amount to the Lender's account.
2.5. The date of fulfillment by the Borrower of its obligation to repay the loan amount to the Lender is the date of receipt of money to the Lender's account.
2.6. The Borrower has the right, with the consent of the Lender, to repay the loan amount before the repayment period established by this agreement.
2.7. In case of non-payment or late payment of the loan amount, the Borrower undertakes to pay the Lender a penalty in the amount of 0.1% of the unpaid or late paid amount of money for each day of delay in payment.
3. FEE FOR THE USE OF THE LOAN
3.1. For the use of the subject of the loan, the Borrower pays the Lender a remuneration in the amount of ____% per month from the amount of the outstanding loan for the entire period of using the loan.
3.2. The remuneration is paid by the Borrower on a monthly basis no later than the ______ day of the current month for which the remuneration is due by non-cash transfer to the Lender's settlement account.
4. OTHER TERMS
4.1. No interest is paid for the use of the loan amount.
4.2. This Agreement is made in two copies - one for each Party.
4.3. The Agreement may be amended and supplemented by agreement of the Parties. All changes and additions to this agreement must be made in writing and signed by the Parties.
4.4. All relations between the Parties and their responsibility is determined in accordance with the current legislation of the Republic of Kazakhstan.
5.5. All disputes arising under this agreement and out of it, the Parties will resolve through negotiations. If the parties do not reach an agreement during the negotiations, the dispute is subject to consideration by the court of the Republic of Kazakhstan.
5. ADDRESSES, BANK DETAILS, SIGNATURES AND SEALS OF THE PARTIES
LENDER BORROWER
LLP "______________________" LLP "__________________"
____________________________ ________________________
_________________________
_________, ____________________________ st. _____________________
BIN _______________________ BIN ____________________
TIN _______________________ TIN ____________________
IIC _______________________ IIC _____________________
BIC _______________________ BIC ____________________________
Director Director
___________________ __________________