Term Loan Facility Agreement (Genie AI)

The Term Loan Facility Agreement (Genie AI) is a legal template designed to outline the terms and conditions of a term loan facility arrangement facilitated by the Genie AI platform. This agreement establishes the framework for a borrower to access funds provided by a lender through the Genie AI platform, detailing the purpose, duration, and repayment terms of the loan. The agreement may cover various clauses such as interest rates, repayment schedules, collateral requirements, default provisions, prepayment options, and any additional terms specific to the partnership between the borrower, lender, and Genie AI. This legal template ensures a structured loan arrangement that protects the interests of all parties involved and provides clarity regarding the rights, obligations, and remedies available to each party throughout the loan tenure.