Common Contracts
1 similar Variation Agreement contracts
VARIATION AGREEMENT REVOLVING FACILITYVariation Agreement • September 9th, 2020
You agree that the repayment period of your credit agreement is amended, and you will no longer be required to repay 15% of your original loan amount (principal debt) before you can use the facility. You will have the ability to use the facility whenever the need arises. You must make payment of the instalment on the date(s) it is due every month. This is the fixed monthly amount payable, which together with the interest, fees and charges, you repay by way of 48 equal monthly instalments.
