The Loan Agreement Term Sheet is a crucial preliminary document used in Indian lending transactions to establish the fundamental terms of a proposed loan facility before proceeding with detailed documentation. It is typically prepared after initial commercial discussions but before comprehensive due diligence and final documentation. The term sheet captures essential elements such as loan amount, interest rate, tenure, security structure, and key covenants, providing a framework for the parties to proceed with the transaction. While most provisions are non-binding, it serves as a roadmap for lawyers drafting the final loan agreement and helps identify potential issues early in the transaction. The document must comply with Indian banking regulations, including Reserve Bank of India guidelines, and considers requirements under Indian contract law and financial regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the lender(s) and borrower(s) with full legal names and addresses
2. Background: Brief context of the proposed loan facility and its purpose
3. Definitions: Key terms used in the term sheet that require specific definition
4. Facility Type and Amount: Type of loan facility (term loan, revolving credit, etc.) and the principal amount
5. Interest Rate and Fees: Applicable interest rate, calculation method, and all associated fees
6. Tenor and Repayment: Duration of the loan and repayment schedule/terms
7. Conditions Precedent: Key conditions that must be satisfied before the loan can be drawn
8. Representations and Warranties: Key statements of fact that the borrower must confirm
9. Key Covenants: Essential financial and non-financial obligations of the borrower
10. Events of Default: Primary circumstances that would trigger a default
11. Governing Law and Jurisdiction: Specification of Indian law and relevant jurisdiction
12. Binding Effect: Statement on which terms are legally binding and which are subject to final documentation
1. Security Structure: Required for secured loans - details of collateral and security arrangements
2. Guarantees: Required when third-party guarantees are part of the credit support
3. Insurance Requirements: Needed for secured loans or where specific insurance coverage is required
4. Syndication Provisions: Required for loans that may be syndicated to multiple lenders
5. Tax Provisions: Detailed tax clauses needed for cross-border loans or complex tax structures
6. Assignment and Transfer: Required when transfer of loan participations is contemplated
7. Financial Covenants: Detailed financial metrics and ratios for corporate borrowers
8. Mandatory Prepayment: Required for cases where early repayment might be triggered by specific events
1. Term Sheet Summary: Brief summary of key commercial terms in tabular format
2. Indicative Repayment Schedule: Preliminary amortization schedule if applicable
3. Security Assets List: For secured loans - preliminary list of assets to be provided as security
4. Fee Structure: Detailed breakdown of all applicable fees and charges
5. Required Documentation List: List of documents required for final loan agreement execution
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Manufacturing
Infrastructure
Technology
Healthcare
Retail
Energy and Utilities
Transportation and Logistics
Agriculture
Education
Telecommunications
Mining and Resources
Construction
Hospitality
Relevant Teams
Legal
Finance
Treasury
Credit
Risk Management
Compliance
Corporate Finance
Banking Operations
Deal Advisory
Transaction Support
Due Diligence
Documentation
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Banking Lawyer
Relationship Manager
Credit Manager
Risk Officer
Compliance Officer
Investment Banker
Financial Controller
Company Secretary
Corporate Finance Manager
Loan Officer
Due Diligence Officer
Transaction Manager
Business Development Manager
Find the exact document you need
Hire Purchase Agreement Motor Vehicle
An Indian law-governed agreement for vehicle purchase through installment payments, transferring possession to the hirer while the financier retains ownership until full payment.
find out more
Family Loan Agreement No Interest
An Indian law-governed agreement for interest-free lending between family members, ensuring legal compliance while maintaining familial relationship aspects.
find out more
Business Investment Loan Agreement
An Indian law-governed agreement establishing terms and conditions for a business investment loan between a financial institution and a business entity.
find out more
Agreement Between Financier And Producer
An Indian law-governed agreement establishing terms between a financier and producer for content production funding, including financial terms and rights allocation.
find out more
Agreement Between Financier And Company
An Indian law-governed agreement establishing terms for company financing, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Soft Loan Agreement
An Indian law-governed agreement for loans with concessional terms, including favorable interest rates and repayment conditions.
find out more
Private Car Payment Agreement
An Indian law-governed agreement for private vehicle purchase through installment payments, outlining payment terms and ownership transfer conditions.
find out more
Loan Agreement And Mortgage
An Indian law-governed agreement combining loan terms with property mortgage provisions, establishing lending conditions and security interests over immovable property.
find out more
Co Financing Agreement
An Indian law-governed agreement establishing terms for multiple financial institutions to jointly provide financing, detailing rights, obligations, and intercreditor relationships.
find out more
Agreement For Financial Support
An Indian law-governed agreement establishing terms and conditions for providing and receiving financial support, ensuring regulatory compliance and party protection.
find out more
Simple Loan Repayment Agreement
An Indian law-governed agreement establishing loan terms, repayment obligations, and securities between lender and borrower.
find out more
Agreement For Hire Purchase Of A Motor Vehicle
An Indian law-governed agreement establishing terms for motor vehicle hire purchase, including payment terms, ownership rights, and transfer conditions.
find out more
Overfacility Agreement
An Indian law-governed agreement establishing terms for additional credit facilities beyond existing arrangements, including facility terms, security, and regulatory compliance requirements.
find out more
Tripartite Loan Agreement
An Indian law-governed agreement establishing a loan arrangement between three parties (lender, borrower, and third party), detailing loan terms, security arrangements, and party obligations.
find out more
Loan Agreement Term Sheet
A preliminary document under Indian law outlining key terms and conditions of a proposed loan facility, serving as the basis for the final loan agreement.
find out more
Lease Hire Agreement
An Indian law-compliant agreement governing the temporary use of assets through periodic payments, detailing rights and obligations of lessor and lessee.
find out more
Deed Of Accession Loan Agreement
An Indian law-governed document allowing a new party to join an existing loan agreement, assuming associated rights and obligations under Indian legal framework.
find out more
Co Borrower Loan Agreement
An Indian law-governed agreement establishing terms for a loan with multiple co-borrowers who share joint liability for repayment.
find out more
Trade Finance Facility Agreement
An Indian law-governed agreement establishing terms for trade finance facilities between financial institutions and corporate borrowers engaged in international trade.
find out more
Trade Finance Agreement
An Indian law-governed agreement setting out terms for trade finance facilities between a financial institution and a business entity, incorporating RBI and FEMA compliance requirements.
find out more
Simple Unsecured Loan Agreement
An Indian law-governed agreement for unsecured lending, documenting loan terms, repayment conditions, and parties' obligations without requiring collateral.
find out more
Promissory Loan Agreement
An Indian law-governed agreement documenting a loan arrangement where the borrower promises to repay a specified sum to the lender under defined terms.
find out more
Project Finance Contract
An Indian law-governed agreement structuring project financing arrangements, including loan terms, security packages, and stakeholder obligations for infrastructure and development projects.
find out more
Margin Loan Agreement
An Indian law-governed agreement establishing terms for lending against securities as collateral, subject to SEBI and RBI regulations.
find out more
Loan Swap Agreement
An Indian law-governed agreement facilitating the exchange of loan payment obligations between parties, subject to RBI regulations and Indian banking laws.
find out more
Financed Sales Contract
An Indian law-governed agreement combining sales and financing terms for asset purchases with structured payment arrangements and security provisions.
find out more
Equipment Lease Purchase Agreement
An Indian law-governed agreement setting out terms for equipment lease with purchase option, including payment terms, maintenance obligations, and purchase conditions.
find out more
Loan Agreement Secured By Property
An Indian law-governed agreement combining loan facility terms with security creation over immovable property.
find out more
Partnership Deed For Finance Business
An Indian law-governed partnership agreement establishing a financial services business, detailing partner rights, responsibilities, and regulatory compliance requirements.
find out more
Standard Trade Credit Agreement
An Indian law-governed agreement establishing terms for trade credit facilities between credit provider and borrower, including credit limits, payment terms, and security arrangements.
find out more
Master Loan And Security Agreement
An Indian law-governed agreement establishing terms for secured lending arrangements, combining loan provisions and security arrangements in a master document structure.
find out more
Rehabilitation Loan Agreement
An Indian law-governed agreement establishing terms for rehabilitation-focused financial assistance, combining lending provisions with rehabilitation requirements and monitoring mechanisms.
find out more
Future Receivables Factoring Agreement
An Indian law-governed agreement for the purchase of future receivables by a factor from a business client, structured under the Factoring Regulation Act, 2011.
find out more
Modification Of Loan Agreement
An Indian law-governed agreement that modifies existing loan terms between lender and borrower, ensuring regulatory compliance and legal enforceability.
find out more
Standard Loan Agreement Between Friends
An India-compliant legal agreement that formalizes a loan arrangement between friends, including terms, conditions, and repayment schedules.
find out more
Standard Hire Purchase Agreement
An Indian law-compliant agreement for the purchase of goods through installment payments, with ownership transferring upon final payment.
find out more
Loan Payoff Agreement
An Indian law-governed agreement documenting the terms and conditions for the full and final settlement of an existing loan obligation between a lender and borrower.
find out more
Master Asset Finance Agreement
An Indian law-governed master agreement establishing terms for multiple asset-based financing arrangements between a financial institution and borrower.
find out more
Individual Loan Agreement
An Indian law-governed agreement establishing terms and conditions for a personal loan between a lender and individual borrower, including loan amount, interest, repayment terms, and security arrangements.
find out more
Small Credit Agreement
An Indian law-governed agreement for small-scale credit facilities, detailing loan terms and compliance with RBI guidelines.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)