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How does smart document drafting work?

Is there a Guarantor?
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1 Loan
1.1 The Lender hereby lends to the Borrower an amount of
amount
In Words (hereinafter the "Loan") and the Borrower accepts the Loan and agrees to repay the loan under the terms and conditions stipulated herein.
1.2 The Parties hereby express their consent to the security of the Loan by Guarantor (as defined in a seperate document) in line with Guarantor's declaration.
2 Loan Drawdown
The Lender agrees to provide the Borrower with the Loan
to the bank account of the Borrower No.
IBAN
, kept with
SWIFT
.
3 Interest Rate
3.1 The Parties arrange for a Loan
of
% per
3.2 The interest for the relevant calendar month year is payable by the last day of the relevant calendar month year, however not later than the final repayment due date of the Loan.
How Shall the Loan be repaid?
Select item
4 Repayment of the Loan
The Borrower agrees to repay the Loan to the Lender in
2
Installments, as follows:
amount Due Date
amount
In Words
DD.MM.YYYY
amount
In Words
DD.MM.YYYY
5 Confidentiality
Each Party agrees to refrain from disclosing or using any information, including information of trade value, which the Party has learned or which it has received from the other Party, in connection to this Loan Agreement.
6 Sanctions
6.1 If any Party breaches the confidentiality under Paragraph 5 hereof, such Party agrees to pay to the other Party a contractual penalty in the amount of
amount
In Words
6.2 If the Borrower is in default of the repayment of the Loan, the Borrower agrees to pay to the Lender a contractual penalty in the amount of
2
1% is maximum
% of the outstanding balance for each day in default until the full repayment of the Loan.
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Our clients use Legito to

Smart Document Workspace
Automate Document Drafting
Manage Documents, Cases, and Transactions
Approve and Sign Documents
Engage Clients (Client Portal)
Deliver Customizable Document Self-Service Solutions
Negotiate Contracts
Extract and Track Contractual Deadlines
Analyze Documents and Create Easy to Understand Reports

Simplify how you work with documents

Store & Analyze

Negotiate & Sign

Automate & Draft

Manage & Share

Your Legito documents
could look like this
Letter
of Intent
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Reduce drafting
time by 90%

Eliminate
Clerical Errors

Cut Review
Times In Half

Share Institutional Knowledge

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