provide sample for sub-loan agreement in agriculture sector

Sure! Below is a sample sub-loan agreement tailored for the agriculture sector. Please remember that this is a template and should be modified to fit specific legal requirements, regulations, and terms relevant to your situation. It is advisable to consult with a legal professional when drafting such agreements. --- **SUB-LOAN AGREEMENT** **This Sub-Loan Agreement ("Agreement") is made and entered into on this [Date], by and between:** **Lender:** [Name of the Lender] [Address] [City, State, Zip Code] [Contact Information] **Borrower:** [Name of the Borrower] [Address] [City, State, Zip Code] [Contact Information] **WHEREAS,** the Lender is willing to provide a sub-loan to the Borrower for agricultural purposes under the terms and conditions set forth in this Agreement. **1. LOAN AMOUNT** The Lender agrees to loan the Borrower the sum of [Loan Amount] ([Currency]), ("Loan"). **2. PURPOSE OF LOAN** The Borrower shall use the Loan exclusively for the purpose of [specific agricultural activities, e.g., purchasing seeds, fertilizers, equipment, land preparation, livestock, etc.]. **3. LOAN DISBURSEMENT** The Loan shall be disbursed to the Borrower on or before [Disbursement Date], subject to the completion of any necessary documentation or requirements set forth by the Lender. **4. LOAN TERM** The term of this Loan shall be [Loan Term, e.g., one year, two years, etc.] commencing from [Start Date] to [End Date]. **5. INTEREST RATE** The Loan shall bear an annual interest rate of [Interest Rate]% per annum, calculated on the outstanding principal. **6. REPAYMENT** The Borrower agrees to repay the Loan in [number of installments, e.g., monthly, quarterly] installments. The repayment schedule is outlined as follows: - **First Payment Due:** [Date] - **Subsequent Payments:** [Outline the payment schedule] **7. PREPAYMENT** The Borrower may prepay the Loan in whole or in part at any time without penalty. **8. DEFAULT** If the Borrower fails to make any scheduled payment within [Number of Days] days after the due date or breaches any terms of this Agreement, the Lender may declare the entire remaining balance of the Loan and any accrued interest immediately due and payable. **9. COLLATERAL** As security for the Loan, the Borrower agrees to provide the following collateral: [Description of collateral, e.g., property, equipment, crops, etc.]. **10. REPRESENTATIONS AND WARRANTIES** The Borrower represents and warrants that: - It has the full power and authority to enter into this Agreement. - The Loan will be used for the purposes specified herein. - All information provided to the Lender is complete and accurate. **11. GOVERNING LAW** This Agreement shall be governed by and construed in accordance with the laws of [State/Country]. **12. AMENDMENTS** Any amendments or modifications to this Agreement must be made in writing and signed by both parties. **13. ENTIRE AGREEMENT** This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements. **IN WITNESS WHEREOF,** the parties hereto have executed this Sub-Loan Agreement as of the day and year first above written. **LENDER:** ______________________________ [Name of the Lender] [Title] [Date] **BORROWER:** ______________________________ [Name of the Borrower] [Title] [Date] --- **Note:** This is a simplified agreement for illustrative purposes. Always seek legal advice to ensure compliance with local laws and regulations when drafting financial agreements.