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).