Banking & Finance

Loan Agreement

THIS LOAN AGREEMENT (“Agreement”) is made at the place and on the date as stated in the  schedule 1 hereunder written ( “the Schedule 1”) BETWEEN The Borrower described as stated in the  Schedule 1 hereinafter referred to as “the Borrower” (which expression shall, unless repugnant to the  context or meaning thereof, be deemed to mean and include his / her / its / their respective heirs,  administrators, executors, legal representatives (where the borrower is an individual / sole proprietor).

Sponsorhip Agreement

1.1. The Sponsor shall pay the Club 5000 (five thousand) euros (the “Contribution”) to support the Club’s activities in managing and training a team of cricket players, participating in sporting events and competitions, and developing the game of cricket (hereinafter the “Purpose”).
1.2. The Sponsor shall pay the Contribution to the Club’s bank account (specified separately by the Club) no later than by the 5th (fifth) banking day as of the signing of the Agreement by both Parties.
1.3. The Club warrants that the Contribution will only be used for the Purpose defined in this Agreement and not for any other purpose.

Term Sheet for Convertible Promissory Note Financing

The following is a summary of the basic terms and conditions of a proposed convertible promissory note financing. This term sheet is for discussion purposes only and is not binding on the Company or the Investors (as defined below), nor is the Company or any of the Investors obligated to  consummate the convertible promissory note financing until a definitive convertible note purchase  agreement has been agreed to and executed by the Company and the Investors. 

Convertible Promissory Note

FOR VALUE RECEIVED, the undersigned, [company name], a [registered location of the company] corporation (the “Company”), hereby promises to pay to the order of [investor name], or his, her or its registered assigns (the “Investor”), in lawful money of the United States of America, the principal amount of $[loan amount], together with interest on the principal amount of this Note outstanding from time to time until such principal amount is paid in full, at such interest rate, and at such times and upon such other terms and conditions, as are specified in this Note. 

Laenu allutamise leping

Laenuandja 1 ja Laenuandja 2 sõlmisid käesoleva laenu allutamise lepingu (edaspidi “Leping”) eesmärgiga allutada Laenulepingust 1 tulenevad nõuded  Laenulepingust 2 tulenevatele nõuetele.