2024版英文個人間借款簡單合同2024StandardEnglishSimpleLoanAgreementBetweenIndividualsAgreementNo.:________________________Lender(PartyA):_________________________Address:___________________________________ContactNumber:__________________________Borrower(PartyB):_________________________Address:___________________________________ContactNumber:_________________________Preamble:ThisLoanAgreement("Agreement")ismadeandenteredintoonthedatefirstabovewrittenbyandbetweenPartyA,hereinafterreferredtoasthe"Lender,"andPartyB,hereinafterreferredtoasthe"Borrower,"wherebytheLenderagreestolendandtheBorroweragreestoborrowthesumspecifiedinthisAgreement.Article1:LoanAmount1.1TheLenderagreestolendtotheBorrowerthesumof$_______(_____words),whichshallbepaidinthemannerandatthetimespecifiedinthisAgreement.Article2:PurposeoftheLoan2.1TheBorrowershallusetheloansolelyforthepurposeof________(specifythepurpose,e.g.,personalconsumption,businessexpansion,etc.).Article3:InterestRate3.1Theloanshallbearinterestattherateof________%perannum,calculatedontheoutstandingbalanceoftheloan.Article4:RepaymentTerms4.1TheBorrowershallrepaytheloanin________(specifythenumber)equalmonthlyinstallmentsof$_______each,commencingon________andcontinuinguntilthefinalinstallmentisdueon________.Article5:Security5.1TheBorrowermayberequiredtoprovidesecurityfortheloan,intheformof________(specifythetypeofsecurity,e.g.,amortgage,lien,etc.).Article6:DefaultandRemedies6.1IntheeventofdefaultbytheBorrowerinmakinganypaymentdueunderthisAgreement,theLendermay,inadditiontoanyotherrightsorremediesavailable,declaretheentireoutstandingloanamountimmediatelydueandpayable.Article7:Prepayment7.1TheBorrowermayprepaytheloaninwholeorinpartatanytimewithoutpenalty,providedthattheLenderisgiven________(specifythenoticeperiod)days'writtennotice.Article8:ModificationofAgreement8.1ThisAgreementmaybeamendedonlybywrittenagreementsignedbybothParties.Article9:GoverningLaw9.1ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsofthejurisdictioninwhichtheLenderislocated.Article10:Notices10.1AllnoticesorcommunicationsrequiredorpermittedbythisAgreementshallbeinwritingandshallbedeemedgivenwhendeliveredpersonallyorsentbyregisteredmail,returnreceiptrequested,totheaddressoftherespectivePartiesassetforthaboveortosuchotheraddressaseitherPartymaydesignateinwritinginaccordancewiththisArticle.Article11:Waiver11.1ThefailureofeitherPartytoenforceanyprovisionsofthisAgreementshallnotbeconstruedasawaiverorlimitationofthatParty'srighttosubsequentlyenforceandcompelstrictcompliancewitheveryprovisionofthisAgreement.Article12:EntireAgreement12.1ThisAgreement,includinganyschedulesorannexes,constitutestheentireagreementbetweenthePartiesandsupersedesallpriornegotiations,understandings,andagreements.Article13:Assignment13.1TheBorrowershallnotassignthisAgreementoranyinteresthereinwithoutthepriorwrittenconsentoftheLender.Article14:Severability14.1IfanyprovisionofthisAgreementisheldtobeillegal,invalidorunenforceable,suchprovisionshallbeenforcedtotheextentpermissible,andtheremainingprovisionsshallnotbeaffected.Schedule1:RepaymentScheduleSchedule2:SecurityAgreement(ifapplicable)Lender(PartyA)(Signature):_________________________Date:____________________________________Borrower(PartyB)(Signature):_________________________Date:____________________________________[Endofthefirsthalfofthecontract]2024StandardEnglishSimpleLoanAgreementBetweenIndividuals(Continued)Article15:Confidentiality15.1BothPartiesagreetokeepconfidentialallinformationobtainedfromtheotherPartyinrelationtothisAgreement,exceptasrequiredbylaworwiththepriorwrittenconsentoftheotherParty.Article16:RightofSet-Off16.1TheLendershallhavetherighttosetoffanyamountsowedbytheBorrowertotheLenderagainstanyamountsowedbytheLendertotheBorrower.Article17:Indemnification17.1TheBorroweragreestoindemnifyandholdharmlesstheLenderfromandagainstanyandallclaims,damages,losses,andexpensesarisingoutoforinconnectionwiththeBorrower'sbreachofthisAgreement.Article18:SuccessorsandAssigns18.1ThisAgreementshallbebindinguponandinuretothebenefitofthePartiesheretoandtheirrespectivesuccessorsandassigns.Article19:IndependentContractors19.1ThePartiestothisAgreementareindependentcontractorsandnothinginthisAgreementshallbedeemedtocreateapartnership,agency,orjointventurebetweenthem.Article20:ExecutioninCounterparts20.1ThisAgreementmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.AttachmentsandSupplementaryExplanationsI.AttachmentList:Schedule1:RepaymentScheduledetailingthedatesandamountsofeachrepaymentinstallment.Schedule2:SecurityAgreement(ifapplicable)specifyingthetermsofanysecurityprovidedfortheloan.Schedule3:ConfidentialityAgreementoutliningtheobligationsofconfidentialitybetweentheParties.Schedule4:AcknowledgmentofReceiptconfirmingthereceiptoftheloanamountbytheBorrower.II.BreachofContractandDetermination:FailuretomaketimelyrepaymentsasspecifiedintheRepaymentSchedule.Misuseoftheloanfundsforpurposesotherthanthoseagreedupon.Breachofconfidentialityobligations.Failuretoprovideormaintaintheagreedsecurity.AssignmentoftheAgreementwithouttheLender'sconsent.III.LegalTermsandDefinitions:LoanAgreement:Alegallybindingcontractbetweenalenderandaborrower,outliningthetermsofaloan.RepaymentSchedule:Aschedulesettingoutthedatesandamountsofrepaymentstobemadebytheborrower.Security:Anassetorpropertygivenbytheborrowertothelenderasassurancefortherepaymentoftheloan.Indemnification:Acontractualprovisionbywhichonepartyagreestocompensatetheotherforanylossordamagesuffered.IV.IssuesEncounteredDuringExecutionandSolutions:DelayedRepayment:TheBorrowershouldcommunicatewiththeLendertonegotiatearevisedrepaymentschedule.DefaultonLoan:TheLendermayenforcethesecurityorpursuelegalremediestorecovertheoutstandingloanamount.DisputeResolution:Partiesshouldattempttoresolvedisputesthroughnegotiatio