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The Company hereby unconditionally promises to pay to the Holder the principal sum of [LOAN AMOUNT] plus interest on the principal amount hereof, at the annual rate of [PERCENT].
Follow the steps and enter your information accordingly. less common in convertible loan agreements than in regular shareholder agreements.
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This free loan agreement sample discusses the payment plan, late charges, collateral items, and loan. Huifen and Bernard, what are your thoughts? The terms of the loan are available for the borrower to read and understand.
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