The Partnership Loan Agreement is essential for businesses operating under partnership structures in Nigeria who seek to formalize lending arrangements between partners. This document type is particularly relevant when one or more partners provide funding to the partnership or to other partners for business purposes. The agreement must comply with Nigerian partnership law, banking regulations, and financial legislation, including the Partnership Act, Banks and Other Financial Institutions Act (BOFIA), and relevant Central Bank of Nigeria guidelines. It typically includes comprehensive details about loan terms, security arrangements, partner obligations, default provisions, and remedies. The document is designed to protect both lending and borrowing partners' interests while maintaining the partnership's operational integrity under Nigerian law.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies all partners involved in the loan agreement, including their full legal names, addresses, and registration details if applicable
2. Background: Sets out the context of the loan agreement, including the partnership's purpose and the reason for the loan
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Loan Amount and Purpose: Specifies the loan amount, currency, and permitted use of funds
5. Interest Rate and Calculations: Details the applicable interest rate, calculation method, and payment periods
6. Repayment Terms: Outlines the repayment schedule, installment amounts, and payment methods
7. Security and Collateral: Describes any assets or guarantees provided as security for the loan
8. Partnership Representations: Contains warranties and representations regarding the partnership's status and authority
9. Conditions Precedent: Lists conditions that must be satisfied before the loan becomes effective
10. Covenants: Sets out ongoing obligations of the partnership during the loan term
11. Events of Default: Defines circumstances constituting default and consequences thereof
12. Remedies: Outlines available remedies in case of default or breach
13. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and sets jurisdiction for disputes
14. Notices: Provides procedures for formal communications between parties
15. Execution: Contains signature blocks and execution formalities
1. Guarantees: Include when personal or corporate guarantees are provided by specific partners or third parties
2. Insurance Requirements: Include when specific insurance coverage is required for secured assets or business operations
3. Partnership Changes: Include when there's a need to address potential changes in partnership composition
4. Subordination Provisions: Include when the loan needs to be subordinated to other partnership debts
5. Tax Provisions: Include when specific tax implications need to be addressed
6. Assignment and Transfer: Include when rights to transfer or assign the loan need to be specifically regulated
7. Force Majeure: Include when protection against unforeseen circumstances is required
1. Repayment Schedule: Detailed breakdown of repayment dates and amounts
2. Security Details: Comprehensive description of all security/collateral provided
3. Partnership Agreement: Copy or relevant excerpts of the underlying partnership agreement
4. Financial Statements: Recent financial statements of the partnership
5. Conditions Precedent Documents: List of required documents and evidence for conditions precedent
6. Required Insurance: Details of required insurance coverage and terms
7. Authorized Signatories: List of authorized signatories and specimen signatures
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Real Estate
Agriculture
Manufacturing
Oil and Gas
Technology
Construction
Professional Services
Retail
Healthcare
Transportation
Mining
Hospitality
Education
Relevant Teams
Legal
Finance
Compliance
Risk Management
Treasury
Corporate Secretariat
Business Development
Credit
Partnership Management
Investment
Relevant Roles
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Partnership Manager
Business Development Manager
Risk Manager
Compliance Officer
Financial Controller
Treasury Manager
Managing Partner
Senior Partner
Investment Manager
Credit Manager
Company Secretary
Find the exact document you need
Simple Interest Loan Contract
A Nigerian law-governed agreement establishing terms for a loan with simple interest calculation, including repayment terms and party obligations.
find out more
Factoring Agreement
A Nigerian law-governed agreement establishing terms for the purchase of accounts receivable by a Factor from a Client, including pricing, procedures, and parties' obligations.
find out more
Employees Loan Agreement
A Nigerian law-governed agreement establishing terms for workplace loans between employers and employees, including repayment through salary deductions.
find out more
Co Financing Agreement
A Nigerian law-governed agreement establishing terms for multiple financial institutions to jointly finance a project, including contribution ratios, disbursement mechanisms, and inter-creditor arrangements.
find out more
Litigation Funding Agreement
A Nigerian law-governed agreement setting out terms for third-party funding of litigation, including funding commitments, returns, and risk allocation.
find out more
Loan Facilitation Agreement
A Nigerian law-governed agreement establishing terms for loan facilitation services between lenders and borrowers, ensuring regulatory compliance and defining party obligations.
find out more
Simple Loan Term Sheet
A Nigerian law-governed preliminary document outlining key commercial and legal terms for a proposed loan facility, serving as the basis for a detailed loan agreement.
find out more
Loan For Use Agreement
A Nigerian law-governed agreement allowing temporary, free use of an item or asset, with an obligation to return it in its original condition.
find out more
Hire Purchase Agreement For Car
A Nigerian law-governed agreement for the purchase of a vehicle through installment payments, with ownership transferring upon final payment.
find out more
International Loan Agreement
Nigerian law-governed agreement for international lending transactions, incorporating local regulatory requirements and international banking standards.
find out more
Film Financing Agreement
A Nigerian law-governed agreement setting out terms for film production financing, including investment structure, rights, and profit-sharing arrangements.
find out more
Undertaking Loan Agreement
A Nigerian law-governed loan agreement setting out terms, conditions, and undertakings between lender and borrower, with specific compliance requirements under Nigerian banking regulations.
find out more
Trade Finance Agreement
Nigerian law-governed agreement establishing terms for trade finance facilities between financial institutions and trading entities, incorporating local regulatory requirements and international practices.
find out more
Real Estate Loan Agreement
A Nigerian law-governed agreement establishing terms for a real estate-secured loan, including property security arrangements and regulatory compliance requirements.
find out more
Project Finance Contract
A Nigerian law-governed agreement establishing terms for project financing of large-scale infrastructure or development projects, incorporating local regulatory requirements and international best practices.
find out more
Official Loan Agreement
A Nigerian law-governed loan agreement establishing formal lending terms between parties, compliant with local banking regulations and financial laws.
find out more
Margin Loan Agreement
A Nigerian law-governed agreement establishing terms for margin lending facilities, including loan terms, collateral requirements, and regulatory compliance measures.
find out more
Loan Swap Agreement
A Nigerian law-governed agreement enabling the exchange of loan obligations between parties, including provisions for interest rate or currency swaps and regulatory compliance.
find out more
Financing Contract Agreement
A Nigerian law-governed agreement establishing the terms and conditions of a financing facility between lender and borrower, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Financial Support Agreement
A Nigerian law-governed agreement establishing terms for financial support between parties, including funding terms, repayment conditions, and regulatory compliance requirements.
find out more
Financial Assistance Agreement
A Nigerian law-governed agreement establishing terms and conditions for providing financial assistance, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Financial Agreement Between Two Parties
A Nigerian law-governed financial agreement template for structuring financial arrangements between two parties, ensuring regulatory compliance and clear terms.
find out more
Car Loan Agreement Between Individuals
A Nigerian-law governed agreement between private individuals for a car loan, establishing terms, conditions, and security arrangements for vehicle financing.
find out more
Car Loan Agreement Between Family
A Nigerian law-governed agreement formalizing a car loan arrangement between family members, including loan terms, vehicle security, and repayment provisions.
find out more
Car Installment Agreement
A Nigerian law-governed agreement for vehicle purchase through installment payments, detailing payment terms, ownership rights, and party obligations.
find out more
Car Finance Contract
A Nigerian law-governed agreement establishing terms and conditions for vehicle financing, including payment obligations, security interests, and regulatory compliance requirements.
find out more
Bridge Financing Agreement
A Nigerian law-governed agreement providing temporary financing to bridge gaps between immediate capital needs and long-term funding solutions.
find out more
Bridge Facility Agreement
A Nigerian law-governed temporary financing arrangement providing short-term funding while permanent financing is arranged.
find out more
Auto Finance Contract
A Nigerian law-governed vehicle financing agreement that structures the terms and conditions for vehicle purchase financing, ensuring compliance with local banking and consumer protection regulations.
find out more
Motorcycle Hire Purchase Agreement
A Nigerian law-governed agreement for motorcycle purchase through hire purchase arrangements, detailing payment terms, ownership rights, and obligations.
find out more
Tri Party Loan Agreement
A Nigerian law-governed agreement establishing a three-way loan arrangement between lender, borrower, and a third party, detailing loan terms and parties' obligations.
find out more
Standard Hire Purchase Agreement
A Nigerian law-governed agreement enabling purchase of goods through installments, with ownership transferring upon final payment.
find out more
Master Asset Finance Agreement
A Nigerian law-governed master agreement establishing terms for ongoing asset financing arrangements between a financial institution and borrower.
find out more
Development Credit Agreement
A Nigerian law-governed agreement establishing terms for development financing, including credit facility arrangements, project implementation requirements, and compliance obligations.
find out more
Consortium Loan Agreement
A Nigerian law-governed agreement establishing terms for a multi-lender loan facility, including syndication and security arrangements.
find out more
Small Business Loan Agreement
Nigerian-law governed loan agreement between a financial institution and small business, detailing loan terms, security, and obligations under CBN regulations.
find out more
Small Credit Agreement
Nigerian-law governed Small Credit Agreement template for structured small-scale lending transactions, compliant with local banking and consumer protection regulations.
find out more
Mortgage Loan Purchase Agreement
A Nigerian law-governed agreement for the sale and purchase of mortgage loan portfolios between financial institutions, including transfer and servicing arrangements.
find out more
Loan Agreement Between Lender Borrower And Guarantor
Nigerian law-governed loan agreement establishing lending terms between lender, borrower, and guarantor, with comprehensive security and obligation provisions.
find out more
Monthly Payment Plan Agreement
A Nigerian law-governed agreement establishing structured monthly payment terms between parties, including payment schedules, conditions, and regulatory compliance requirements.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)