Loan Agreement Template

Generate a Loan Agreement for the following loan:

Lender: {{LENDER_NAME}}
Borrower: {{BORROWER_NAME}}
Loan Amount: {{LOAN_AMOUNT}}
Interest Rate: {{INTEREST_RATE}}
Term: {{LOAN_TERM}}
Purpose: {{LOAN_PURPOSE}}

Create a comprehensive loan agreement including:

1. LOAN TERMS
- Principal amount
- Interest rate (fixed/variable)
- Interest calculation method
- Loan term
- Maturity date

2. DISBURSEMENT
- Disbursement method
- Disbursement date
- Conditions to disbursement
- Multiple disbursements (if applicable)

3. REPAYMENT
- Payment schedule
- Payment amount
- Payment due date
- Payment method
- Amortization schedule
- Prepayment rights

4. INTEREST
- Interest rate
- Interest accrual
- Default interest rate
- Interest calculation
- Day count convention

5. FEES
- Origination fee
- Commitment fee
- Late payment fee
- Prepayment penalty (if any)
- Other fees

6. SECURITY/COLLATERAL
(If secured)
- Collateral description
- Security interest grant
- Perfection requirements
- Collateral maintenance
- Release conditions

7. REPRESENTATIONS AND WARRANTIES
Borrower representations:
- Legal status
- Authority to borrow
- No conflicts
- Financial condition
- Use of proceeds
- No default

8. COVENANTS
Affirmative covenants:
- Financial reporting
- Insurance maintenance
- Tax payment
- Legal compliance
- Notice of default

Negative covenants:
- Additional debt limitations
- Asset disposition
- Dividend restrictions
- Change of control
- Business changes

9. EVENTS OF DEFAULT
- Payment default
- Covenant breach
- Representation breach
- Cross-default
- Bankruptcy
- Material adverse change
- Judgment

10. REMEDIES
- Acceleration
- Enforcement of security
- Collection costs
- Set-off rights

11. GUARANTY
(If applicable)
- Guarantor obligations
- Guaranty terms
- Waiver of defenses

12. MISCELLANEOUS
- Governing law
- Jurisdiction
- Notices
- Assignment
- Amendment
- Severability

Include amortization schedule and collateral schedule (if secured).