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1. Partial Forgiveness Terms: Used when only a portion of the loan is being forgiven, specifying the remaining obligations

2. Security Release: Required when the original loan was secured by collateral, confirming release of security interests

3. Payment History Acknowledgment: Used to document previous payments made and acknowledge borrower's partial compliance

4. Conditions Precedent: Include if the forgiveness is contingent on certain conditions being met

5. Tax Implications: Optional statement regarding tax implications of the debt forgiveness

6. Confidentiality Clause: Used when parties wish to keep the forgiveness terms private

7. Islamic Finance Compliance: Required if the original loan was Sharia-compliant, confirming the forgiveness aligns with Islamic principles

1. Original Loan Agreement: Copy of the original loan agreement being forgiven

2. Payment History Schedule: Detailed record of payments made against the loan, if any

3. Security Release Documents: If applicable, documents evidencing release of any security interests

4. Authority Documentation: Corporate resolutions or power of attorney proving authority to forgive debt