The indemnities contained in any contract, including a loan agreement, will generally be stated to be continuing obligations which survive termination of the contract. This is so that if a party (the indemnitee, here the lender) only discovers the loss after the contract has been terminated, it can still claim under the indemnity. It is […]
If you’ve ever loaned money and not been repaid, you understand the need for a Loan Agreement. A legally-binding Loan Agreement not only maps out the terms of the loan, but it also protects you if the borrower defaults on the loan and fails to pay you back as agreed. Yes, you can write a […]
Rule 6. In sentences beginning with here or there, the true subject follows the verb. The subject-verb agreement rules apply to all personal pronouns except I and you, which, although SINGULAR, require PLURAL forms of verbs. 1. If the individual parts of the compound subject are joined by and, always use a plural verb. It […]