A Convertible Loan Agreement is a legal document used to provide a loan to a borrower that can be converted into equity at a later date, protecting the interests of both the borrower and the lender.
This legal template is a document that outlines the terms and conditions of a convertible loan agreement, specifically tailored for the use of Genie AI under USA law. It covers the specifics of the loan agreement, including conversion terms, repayment conditions, and other relevant clauses for both parties involved.