[{"id":"ae77fbac-9020-4245-9024-d241385e4ca9","order":1,"text":"LOAN AGREEMENT","fontSize":"22","textAlign":"center","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"249efff4-08e7-4564-b646-eef51ed6daf2","order":2,"text":"(Loan between individuals)","fontSize":"14","textAlign":"center","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"0ff4ae0d-ffb8-4be9-a5d5-0eebe7311888","order":3,"text":"THIS LOAN AGREEMENT is made on [Date of agreement].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"088b8b65-9c3b-442d-a406-d4ce70c00b60","order":4,"text":"BETWEEN","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"788de86e-dfab-4e14-99f7-4ae1407f2da2","order":5,"text":"(1) [Lender full name], holder of NRIC No. [Lender ID number], residing at [Lender address], Singapore [Postal code] (the "Lender"); and","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8df6164c-1ddb-4aeb-b6e3-dd08f94a4687","order":6,"text":"(2) [Borrower full name], holder of NRIC No. [Borrower ID number], residing at [Borrower address], Singapore [Postal code] (the "Borrower").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"2ad98d22-fba7-4693-9aeb-be8d51903277","order":7,"text":"The Lender and the Borrower are together referred to as the "Parties" and each as a "Party".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"9a640851-9f62-4b83-b395-a78ebcd4c741","order":8,"text":"RECITALS","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"af90242b-77b4-41c2-a95e-52d573808d5e","order":9,"text":"(A) The Lender and the Borrower are individuals known to each other and are not dealing with one another in the course of any business of moneylending.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"cf25e670-a6dc-4508-9f60-888e2a396140","order":10,"text":"(B) The Borrower has requested that the Lender lend to the Borrower the sum of S$[Loan amount], and the Lender has agreed to do so on the terms and subject to the conditions set out in this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"a3433283-d881-45d1-8635-f48cc503892a","order":11,"text":"(C) This Agreement records a single loan made by one individual to another as an isolated private transaction between persons known to each other. The Lender represents that the Lender does not carry on, and does not hold itself out as carrying on, the business of moneylending, and that the Lender makes this Loan otherwise than in the course of any such business. Accordingly, the Lender is an excluded moneylender within the meaning of, and read with the First Schedule to, the Moneylenders Act 2008 of Singapore, and this Agreement is not, and shall not be construed as, a moneylending transaction regulated under that Act.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"faa5cd0e-2888-4e8e-a147-6bc7c7d2303d","order":12,"text":"(D) The Borrower acknowledges that the Borrower has had the opportunity to read and understand this Agreement, that the terms of the Loan have been freely negotiated between the Parties, and that the Borrower enters into this Agreement of its own free will and not as a result of any pressure, undue influence or misrepresentation.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"b0825284-3307-415d-841d-0df0ca79bf2a","order":13,"text":"NOW IT IS HEREBY AGREED as follows:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"7be2f719-3155-44be-8b4d-80ffbbb4c8c2","order":14,"text":"1. INTERPRETATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S01"},{"id":"cf6bfa18-4354-4add-a13d-0af5e4546b47","order":15,"text":"In this Agreement, unless the context otherwise requires: "Business Day" means a day (other than a Saturday, Sunday or public holiday) on which banks are open for general business in Singapore; "Default Interest" means interest payable under the Article entitled "Default Interest"; "Event of Default" means any event specified in the Article entitled "Events of Default"; "Loan" means the principal sum referred to in the Article entitled "The Loan"; "Moneylenders Act" means the Moneylenders Act 2008 of Singapore, as amended or re-enacted from time to time; "PDPA" means the Personal Data Protection Act 2012 of Singapore; and "Outstanding Amount" means, at any time, the unpaid balance of the Loan together with any accrued interest, Default Interest and any other sum then due under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"7c424231-0484-43a6-8885-6867caf2b5ba","order":16,"text":"Clause headings are for convenience only and do not affect interpretation. Words importing the singular include the plural and vice versa. References to a person include that person's personal representatives, successors and permitted assigns. All references to monetary amounts are to Singapore dollars (S$).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"361a6fac-f22d-4ace-9db9-9a9a382d9b15","order":17,"text":"2. THE LOAN","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S02"},{"id":"8e41bf81-37eb-40e5-9e6b-eadb7d1a26cc","order":18,"text":"Subject to the terms of this Agreement, the Lender agrees to lend to the Borrower, and the Borrower agrees to borrow from the Lender, the principal sum of S$[Loan amount] (the "Loan").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"798b0680-6c7b-48b1-b6c4-f64489c45b2d","order":19,"text":"The Lender shall disburse the Loan to the Borrower on [Disbursement date] by bank transfer to the designated bank account. The Borrower acknowledges that, upon such disbursement, the Loan shall be deemed received in full and, in the absence of manifest error, this Agreement shall constitute conclusive evidence of the Borrower's indebtedness.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"d09ac563-d751-400d-a672-41af38349542","order":20,"text":"3. PURPOSE OF THE LOAN","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"3ec0bc0e-0e09-43ff-a528-2f5ca073e814","value":"1","type":"add","operator":"="}],"sectionNum":"S03"},{"id":"a22838bb-02ba-49f1-ab3a-706148b19146","order":21,"text":"The Borrower shall apply the Loan solely towards [Purpose of the loan]. The Borrower shall not, without the prior written consent of the Lender, apply the Loan for any other purpose. A failure to apply the Loan for the stated purpose shall not relieve the Borrower of any obligation under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"3ec0bc0e-0e09-43ff-a528-2f5ca073e814","value":"1","type":"add","operator":"="}]},{"id":"d041d129-e41f-4539-8913-2c636d483086","order":22,"text":"4. INTEREST","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S04"},{"id":"3bef801b-3b39-498b-ad22-a17702ea36f0","order":23,"text":"The Loan shall be interest-free. No interest shall accrue or be payable on the Loan, save for Default Interest payable under the Article entitled "Default Interest" in the circumstances described in that Article.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"44908220-3016-42b0-8940-c445cf7ac2c6","value":"none","type":"add","operator":"="}]},{"id":"a3ac1e4a-0511-407b-9905-fe3d7b0772c4","order":24,"text":"The Loan shall bear interest at the rate of [Annual interest rate]% per annum, calculated on the principal sum outstanding from time to time on the basis of a 365-day year and the actual number of days elapsed. Interest shall accrue from the date of disbursement until the date of full repayment.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"44908220-3016-42b0-8940-c445cf7ac2c6","value":"simple","type":"add","operator":"="}]},{"id":"aa197e6e-dba8-425d-b45d-b86b9861bcee","order":25,"text":"The Parties confirm that the rate of interest reflects a private arrangement between individuals and is not set by reference to any business of moneylending. The Parties agree that the interest rate is fair and reasonable and, to the fullest extent permitted by law, shall not be challenged on the ground that it is excessive.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"44908220-3016-42b0-8940-c445cf7ac2c6","value":"simple","type":"add","operator":"="}]},{"id":"5e4140cc-accc-48f5-a095-56fafdee8861","order":26,"text":"5. REPAYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S05"},{"id":"1b76c86e-90b3-41d7-af12-09e9525db877","order":27,"text":"The Borrower shall repay the Loan, together with all accrued interest (if any), in a single payment on [Repayment date] (the "Repayment Date"). Time shall be of the essence in respect of the Borrower's payment obligations.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"2491d469-140c-4bc4-868e-a1e17dac700d","value":"lump","type":"add","operator":"="}]},{"id":"1ffe705b-4b2e-42c6-9d45-98ea009134dd","order":28,"text":"The Borrower shall repay the Loan, together with all accrued interest (if any), by [Number of instalments] consecutive monthly instalments of S$[Instalment amount] each. The first instalment shall fall due on [Date of first instalment], and each subsequent instalment shall fall due on the corresponding day of each successive period until the Loan and all accrued interest have been repaid in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"2491d469-140c-4bc4-868e-a1e17dac700d","value":"instal","type":"add","operator":"="}]},{"id":"6f7a76b6-d3e5-4a41-a082-8a498571fd2d","order":29,"text":"Each instalment shall be applied first towards accrued interest (if any) and the balance towards the principal sum then outstanding. The final instalment shall be increased or decreased as necessary so that the Loan and all accrued interest are repaid in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"2491d469-140c-4bc4-868e-a1e17dac700d","value":"instal","type":"add","operator":"="}]},{"id":"e33eb1f2-4ca5-48e2-9198-9a206268b8ae","order":30,"text":"All payments shall be made to the Lender by bank transfer to a bank account nominated by the Lender in immediately available funds, free and clear of any deduction, withholding, set-off or counterclaim. Where any payment falls due on a day that is not a Business Day, it shall be made on the next following Business Day.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"dd00cc04-2e6d-486f-a24a-a4f345555971","order":31,"text":"6. PREPAYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S06"},{"id":"364fc5ed-929f-4242-ac8e-12e4a4e6eb85","order":32,"text":"The Borrower may prepay the whole or any part of the Loan at any time without premium or penalty, by giving the Lender not less than three (3) Business Days' prior written notice. Any partial prepayment shall be applied first towards accrued interest (if any) and then towards the principal sum, and shall not relieve the Borrower from making subsequent scheduled payments until the Outstanding Amount is repaid in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"46208ee0-79b2-4f0e-9db6-02465a316f73","order":33,"text":"7. DEFAULT INTEREST","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S07"},{"id":"f20265a2-ce73-4e8d-941c-3bcd3009fa0a","order":34,"text":"If the Borrower fails to pay any sum due under this Agreement on its due date, the Borrower shall pay Default Interest on the overdue sum at the rate of [Late payment interest rate]% per annum, calculated on a daily basis from the due date until the date of actual payment, both before and after any judgment. Default Interest shall accrue on the overdue sum only (and not by way of compounding on previously accrued Default Interest), without the need for any prior demand, and is in addition to, and not in substitution for, the Lender's other rights under this Agreement. The Parties agree that the rate of Default Interest represents a genuine and reasonable pre-estimate of the loss likely to be suffered by the Lender by reason of late payment, and is not a penalty.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"051d3eb3-e1aa-4bb5-a668-f47de11ef5a4","order":35,"text":"8. EVENTS OF DEFAULT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S08"},{"id":"6b1b9b36-30dc-4cfc-8280-12d86e014156","order":36,"text":"Each of the following is an Event of Default: (a) the Borrower fails to pay any sum due under this Agreement within seven (7) days of its due date; (b) the Borrower breaches any other obligation under this Agreement and, where capable of remedy, fails to remedy that breach within fourteen (14) days of written notice from the Lender requiring it to do so; (c) any representation made by the Borrower in this Agreement proves to have been incorrect or misleading in any material respect when made; (d) the Borrower is, or is deemed for the purposes of any law to be, unable to pay debts as they fall due, makes any composition or arrangement with creditors, or has a bankruptcy application made against the Borrower; or (e) it becomes unlawful for the Borrower to perform any of the Borrower's obligations under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"5e76c114-01b1-460d-aec8-9163370c7fb0","order":37,"text":"9. ACCELERATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S09"},{"id":"7fac5561-564f-456b-9c5d-08fa7dcdb1c9","order":38,"text":"At any time after the occurrence of an Event of Default which is continuing, the Lender may, by written notice to the Borrower, declare the whole of the Outstanding Amount to be immediately due and payable, whereupon the same shall become immediately due and payable together with accrued interest and Default Interest, without further demand.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"3b43b874-a40f-4083-a071-f2df488796da","order":39,"text":"10. GUARANTEE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}],"sectionNum":"S10"},{"id":"6f471236-d58e-4692-9f5f-92444f059bf8","order":40,"text":"In consideration of the Lender agreeing to make the Loan available to the Borrower, [Guarantor full name], holder of NRIC No. [Guarantor ID number], residing at [Guarantor address], Singapore [Guarantor postal code] (the "Guarantor"), as a continuing obligation irrevocably and unconditionally guarantees to the Lender the due and punctual payment by the Borrower of the Outstanding Amount.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}]},{"id":"82aefb7e-2026-4e02-9d13-788be5aab698","order":41,"text":"The Guarantor's liability is that of a primary obligor, jointly and severally with the Borrower, and not merely as a surety, and is not discharged or impaired by any time, indulgence or variation granted to the Borrower, by any compromise with the Borrower, or by any other act or omission that would otherwise discharge a guarantor. This is a continuing guarantee and extends to the ultimate balance of the Outstanding Amount. The Lender may proceed against the Guarantor without first proceeding against the Borrower or enforcing any other right or security. The Guarantor confirms that the Guarantor has been given the opportunity to obtain independent legal advice before signing, and signs this Agreement as a party to evidence this guarantee.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}]},{"id":"4e5b5ed2-ff73-430b-a60c-10d98953c7e4","order":42,"text":"11. REPRESENTATIONS AND WARRANTIES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S11"},{"id":"89d84b50-fc32-4315-86b2-0a68898f4b80","order":43,"text":"The Borrower represents and warrants that: (a) the Borrower has full capacity and authority to enter into and perform this Agreement; (b) this Agreement constitutes legal, valid and binding obligations enforceable against the Borrower; (c) the Borrower is not insolvent and no bankruptcy or insolvency proceedings have been commenced or threatened against the Borrower; and (d) all information provided by the Borrower to the Lender in connection with the Loan is true, complete and not misleading. These representations are deemed repeated on each day until the Outstanding Amount has been repaid in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"40bd8cc7-5836-44af-bbfa-10ca37874cb0","order":44,"text":"12. INDEMNITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S12"},{"id":"129a0bdd-8f88-4d75-a266-2dacadea42e4","order":45,"text":"The Borrower shall indemnify and keep indemnified the Lender on demand against any loss, claim, liability, cost or expense (including legal costs on a full indemnity basis) suffered or incurred by the Lender as a direct or indirect consequence of any Event of Default, any breach by the Borrower of this Agreement, or the enforcement or attempted enforcement of the Lender's rights under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"2a9c03d8-64f8-4f3c-a295-bc551ffda1e0","order":46,"text":"13. COSTS AND EXPENSES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S13"},{"id":"e73d631d-01f0-4bc6-a355-c11580964cf7","order":47,"text":"The Borrower shall, on demand, reimburse the Lender for all reasonable costs and expenses (including legal costs on a full indemnity basis) incurred by the Lender in connection with the enforcement or preservation of any of the Lender's rights under this Agreement following an Event of Default. Each Party shall otherwise bear its own costs of negotiating and entering into this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"6dec1630-0c1d-4b2e-a57a-7729805107ec","order":48,"text":"14. NO SET-OFF AND EVIDENCE OF INDEBTEDNESS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S14"},{"id":"1318b040-9cf8-42bb-a636-e0d840ed7c8f","order":49,"text":"All sums payable by the Borrower under this Agreement shall be paid in full without any set-off, counterclaim, deduction or withholding. The Lender may at any time set off any matured obligation owed by the Borrower against any obligation owed by the Lender to the Borrower. A statement signed by the Lender as to the amount of the Outstanding Amount at any time shall, in the absence of manifest error, be conclusive evidence of that amount.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"aa5b5825-0a15-44f9-ac78-27a1ba5d9fbc","order":50,"text":"15. PERSONAL DATA","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S15"},{"id":"e752f1f8-e339-401b-b0f3-0bf575faee59","order":51,"text":"Each Party consents to the collection, use and disclosure by the other Party of its personal data (including any identification number provided under this Agreement) for the purposes of entering into and performing this Agreement, maintaining records, and enforcing or protecting the other Party's rights, in accordance with the PDPA. A Party shall not disclose such personal data to any third party except to its professional advisers, to a court or regulatory authority, or as otherwise required by law. Each Party shall handle any identification number disclosed to it in accordance with the PDPA and the prevailing advisory guidelines of the Personal Data Protection Commission.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":true,"active":true},{"id":"ef7898c3-5832-4a25-a418-93387b3bdb31","order":52,"text":"16. NOTICES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S16"},{"id":"99a39ea4-6187-4959-87e1-4724faec1782","order":53,"text":"Any notice under this Agreement shall be in writing and shall be delivered by hand, sent by prepaid registered post, or sent by email to the address or email address of the relevant Party last notified in writing. A notice is deemed received: if delivered by hand, at the time of delivery; if sent by registered post, on the second Business Day after posting; and if sent by email, at the time of transmission, provided no delivery failure notification is received and the email is sent before 5.00 p.m. on a Business Day (failing which, on the next Business Day). Each Party shall promptly notify the other of any change to its address or email address.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"92be185f-1637-4934-9843-6fbbd846b33d","order":54,"text":"17. ASSIGNMENT AND SUCCESSORS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S17"},{"id":"45a13062-32fb-4251-9c34-f3377befc964","order":55,"text":"The Borrower shall not assign, transfer or otherwise dispose of any of its rights or obligations under this Agreement. The Lender may assign or transfer its rights under this Agreement upon written notice to the Borrower. This Agreement binds and benefits the Parties' respective personal representatives, estates, successors and permitted assigns. The obligations of the Borrower survive the death of the Borrower and bind the Borrower's estate.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"1c82099c-4b09-494c-acb7-2aae35e4afde","order":56,"text":"18. FURTHER ASSURANCE AND INDEPENDENT ADVICE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S18"},{"id":"3f2e5f49-53a8-465d-8dee-e6e63f20f34c","order":57,"text":"Each Party shall, at the request and cost of the requesting Party, execute such further documents and do such further acts as may reasonably be required to give full effect to this Agreement. Each Party acknowledges that it has been given the opportunity to obtain independent legal advice on the terms of this Agreement before signing, and that it enters into this Agreement freely and with full understanding of its terms.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"f7fbd315-91e0-486c-97fd-4f581e7eef60","order":58,"text":"19. STAMP DUTY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S19"},{"id":"aee2ed74-ed32-4b2d-8bc2-c09d8158040d","order":59,"text":"Any stamp duty or similar charge payable on or in connection with this Agreement (if any) shall be borne by the Borrower. The Parties acknowledge that a loan agreement not secured on any property is generally not chargeable with stamp duty in Singapore, but the Borrower shall nonetheless be responsible for any such charge that is determined to be payable.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"c6e08423-aa06-41c4-b87a-796ca2fc3101","order":60,"text":"20. GENERAL","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S20"},{"id":"23bef56e-f5a5-47b9-a9c8-b8043120c075","order":61,"text":"This Agreement constitutes the entire agreement between the Parties in relation to its subject matter and supersedes all prior discussions and arrangements. No variation of this Agreement is effective unless made in writing and signed by both Parties. No failure or delay by the Lender in exercising any right is a waiver of that right, and no single or partial exercise prevents any further exercise. If any provision is or becomes invalid or unenforceable, it shall be severed and the remaining provisions shall continue in full force, and the Parties shall negotiate in good faith to replace the severed provision with a valid provision that achieves, as closely as possible, the original commercial intention. A person who is not a Party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 2001 of Singapore to enforce any of its terms. This Agreement may be executed in counterparts, each of which is an original and all of which together constitute one and the same instrument.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"ef997409-f70b-4da6-ab6a-c40478867b4f","order":62,"text":"21. GOVERNING LAW AND DISPUTE RESOLUTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S21"},{"id":"59198191-bf57-4d50-a0e1-74d8ae257ff1","order":63,"text":"This Agreement and any non-contractual obligations arising out of or in connection with it are governed by, and shall be construed in accordance with, the laws of Singapore. The Parties shall first seek to resolve any dispute arising out of or in connection with this Agreement amicably and, failing resolution within thirty (30) days, may refer the dispute to mediation administered by the Singapore Mediation Centre in accordance with its Mediation Procedure. Subject to the foregoing, the Parties irrevocably submit to the exclusive jurisdiction of the courts of Singapore.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"414d04ed-94a3-4b37-9298-b14a2165ae90","order":64,"text":"EXECUTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6ffda0d0-d9ff-47b9-aabe-0cf4f9119690","order":65,"text":"IN WITNESS WHEREOF the Parties have executed this Agreement on the date first written above, at [Place of signing], Singapore.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"dbf11cbc-154b-4fac-9007-877baaa3357b","order":66,"text":"SIGNED by the LENDER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"9508f713-8f1c-4a61-9154-87fbee79136d","order":67,"text":"Name: [Lender full name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"19ff21ec-4f5a-4ea9-8a37-84262e4af1ff","order":68,"text":"NRIC/ID No.: [Lender ID number]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"4c466e6c-5749-403f-9590-f762115611fa","order":69,"text":"Signature: ______________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"b279a60c-fc90-44e0-9a8e-72003b3d28e3","order":70,"text":"SIGNED by the BORROWER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"54efa4e5-750a-4d93-9d32-3902e15fc88b","order":71,"text":"Name: [Borrower full 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name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}]},{"id":"6658ad76-dc16-4b69-98a4-2049abf2716e","order":76,"text":"NRIC/ID No.: [Guarantor ID number]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}]},{"id":"ac8b8755-56c9-4229-a141-e65888016781","order":77,"text":"Signature: ______________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"39cc9668-a5c8-478d-9d53-fd10fa0749c1","value":"guarantor","type":"add","operator":"="}]},{"id":"56198c57-fd7d-4d05-89f3-3ccd86123336","order":78,"text":"IN THE PRESENCE OF THE WITNESS","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"4f3b6367-8391-48ac-967b-60e06c3c8c5d","order":79,"text":"The witness below confirms having witnessed the signature of the Parties (and, where applicable, the Guarantor) to this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c58fc807-9549-4cd7-89c9-e7697f4c8e3f","order":80,"text":"Witness name: [Witness full name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"267d718e-14eb-47a5-9780-fcd67d117c7c","order":81,"text":"NRIC/ID No.: [Witness ID number]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"9a60b656-8711-468c-9a8b-963ca954c392","order":82,"text":"Address: [Witness 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