Convertible Loan Agreement Template UK

The Convertible Loan Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, and comes with customizable and printable examples.


Sample

Convertible Loan Agreement Template UK

Editable – Printable



Convertible Loan Agreement Template UK

1. Borrower Information


2. Lender Information


3. Loan Amount

4. Interest Rate

5. Loan Term

6. Conversion Terms

7. Payment Schedule

8. Prepayment Terms

9. Security

10. Default and Remedies

11. Governing Law

12. Signatures and Agreement

13. Declaration and Signatures




PDF


WORD

Examples


Convertible Loan Agreement Template UK (1)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This agreement establishes the terms and conditions of the convertible loan provided by [Name of the Lender] to [Name of the Borrower], commencing on [Start Date].
Clause 1: Loan Amount
The Lender agrees to loan the Borrower a total amount of [Amount] under the terms set forth in this agreement.
Clause 2: Interest Rate
The loan will accrue interest at a rate of [Interest Rate]% per annum, payable on [Interest Payment Schedule, e.g., annually or semi-annually].
Clause 3: Conversion Rights
The Lender has the right to convert the outstanding principal and accrued interest into equity of the Borrower at a valuation of [Valuation] or at a discount of [Discount Rate]% at the time of conversion.
Clause 4: Maturity Date
The loan shall mature on [Maturity Date], at which point the Borrower shall repay the principal amount along with any accrued interest unless converted.
Clause 5: Default
In the event of default by the Borrower, the Lender may demand immediate repayment of the outstanding principal and any accrued interest.
Clause 6: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Convertible Loan Agreement Template UK (2)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This agreement sets forth the conditions under which a convertible loan is provided by the Lender to the Borrower, effective as of [Start Date].
Clause 1: Principal Amount
The total loan amount is [Amount] which the Borrower acknowledges receipt of.
Clause 2: Interest Rate and Payments
The interest rate shall be [Interest Rate]% per annum, with interest payments due on [Specify Payment Schedule].
Clause 3: Rights of Conversion
The Lender may convert the outstanding balance into equity at an agreed valuation or discount rate during future funding rounds.
Clause 4: Termination and Maturity
This loan matures on [Maturity Date], at which time all principal and interest shall be due unless conversion has occurred.
Clause 5: Default and Remedies
Should the Borrower default on any terms, the Lender is entitled to demand immediate repayment or take further legal action.
Clause 6: Governing Law
This document is governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]

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Convertible Loan Agreement Template UK