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Document 8

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artangel barado
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0% found this document useful (0 votes)
11 views1 page

Document 8

Uploaded by

artangel barado
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

LOAN AGREEMENT

This Loan Agreement shall become effective on November 24, 2024 and is
subject to the terms and conditions stated below by and between Barado
ArtAngel Perez (lender) and Tess (borrower) collectively referred to as the
"Parties".
WHEREAS upon the terms and conditions outlined in this Agreement, the
Parties wish to mutually acknowledge the debt that binds them under the
Lender's amount to the Borrower.
[Link] AMOUNT. Subject to the terms and conditions herein, the Lender
agreed to loan PHP 165 to the Borrower on November 24, 2024.
[Link]. The Borrower agrees to repay this amount to the Lender, with
interest at the rate of ten percent (10%).

The borrower hereby agrees to make full payment of the loan, including
accrued interest, within a period of one week from the date of disbursement.

This Agreement is drawn up in two (2) identical copies, one for each party.
Both Parties have read and fully understood this Agreement. This Agreement
shall become effective and legally binding upon signature by each of the
Parties.

SIGNED BY:

The Lender. TheBorrower.

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