Rollover Commitment Letter

A Rollover Commitment Letter is a legal document that outlines the agreement between a lender and a borrower regarding the pledging of certain assets as collateral for a loan. This template serves as a formal representation of this commitment and specifies the terms and conditions under which the rollover of assets will be executed. The agreement typically sets the conditions for the rollover, including the duration, interest rate, and repayment terms. Additionally, it clarifies the responsibilities and rights of both parties involved, providing security and accountability throughout the loan process. This legal template seeks to ensure transparency and mutual understanding between the lender and borrower, promoting a clear and efficient rollover commitment.