Loan Agreement Template Ontario – Canada

The Loan Agreement Template – Ontario, Canada is provided in multiple formats, including PDF, Word, and Google Docs. These templates are both customizable and print-ready, ensuring they cater to your specific requirements with convenience.


Sample

Loan Agreement Template Ontario – Canada

Editable – Printable



1. Parties Involved



2. Loan Amount
CAD

3. Purpose of the Loan

4. Interest Rate
%

5. Loan Term

6. Repayment Schedule

7. Security for the Loan

8. Late Payment Penalties

9. Default Conditions

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Loan Agreement Template – Ontario, Canada (1)
Between:
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This Loan Agreement (“Agreement”) outlines the terms and conditions under which the Lender will provide a loan to the Borrower, effective from [Start Date].
Clause 1: Loan Amount
The Lender agrees to lend the Borrower the sum of [Loan Amount] CAD.
Clause 2: Interest Rate
The loan shall accrue interest at an annual rate of [Interest Rate]% per annum, calculated monthly.
Clause 3: Repayment Terms
The Borrower agrees to repay the Loan Amount plus interest in [Number of Payments] installments, due on the [Due Date].
Clause 4: Prepayment
The Borrower may prepay the loan in full or in part at any time without penalty.
Clause 5: Late Payment
If the Borrower fails to make any payment by the due date, a late fee of [Late Fee] CAD will be applied.
Clause 6: Governing Law
This Agreement shall be governed by the laws of the Province of Ontario and the laws of Canada applicable therein.
Signed in [City], [Date].
Sincerely,
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
Loan Agreement Template – Ontario, Canada (2)
Between:
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This Agreement establishes the terms of the loan provided by the Lender to the Borrower, commencing on [Start Date].
Clause 1: Purpose of Loan
The Borrower shall use the Loan Amount exclusively for [Purpose of Loan].
Clause 2: Collateral
As security for the Loan, the Borrower agrees to provide [Description of Collateral].
Clause 3: Repayment Schedule
The Borrower shall repay the Loan Amount, including interest, in [Number of Payments] monthly payments of [Payment Amount] CAD, starting on [First Payment Date].
Clause 4: Default
In the event of default, the Lender reserves the right to demand immediate repayment of the total outstanding balance.
Clause 5: Amendment
Any amendments to this Agreement must be in writing and signed by both parties.
Clause 6: Governing Law
This Agreement shall be governed by the laws of Ontario and the federal laws of Canada.
Signed in [City], [Date].
Sincerely,
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]

Printable




Loan Agreement Template Ontario - Canada