Franklin Ohio Participating or Participation Loan Agreement in Connection with Secured Loan Agreement

State:
Multi-State
County:
Franklin
Control #:
US-00045DR
Format:
Word; 
Rich Text
Instant download

Description

Participation loans are loans made by multiple lenders to a single borrower. Several banks, for example, might chip in to fund one extremely large loan, with one of the banks taking the role of the "lead bank." This lending institution then recruits other banks to participate and share the risks and profits. The lead bank typically originates the loan, takes responsibility for the loan servicing of the participation loan, organizes and manages the participation, and deals directly with the borrower.

Participations in the loan are sold by the lead bank to other banks. A separate contract called a loan participation agreement is structured and agreed among the banks. Loan participations can either be made with equal risk sharing for all loan participants, or on a senior/subordinated basis, where the senior lender is paid first and the subordinate loan participation paid only if there is sufficient funds left over to make the payments.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Franklin Ohio Participating Or Participation Loan Agreement In Connection With Secured Loan Agreement?

Are you looking to quickly draft a legally-binding Franklin Participating or Participation Loan Agreement in Connection with Secured Loan Agreement or probably any other form to handle your own or corporate affairs? You can go with two options: contact a legal advisor to draft a legal paper for you or create it completely on your own. Luckily, there's another option - US Legal Forms. It will help you receive professionally written legal paperwork without having to pay unreasonable prices for legal services.

US Legal Forms provides a rich catalog of more than 85,000 state-specific form templates, including Franklin Participating or Participation Loan Agreement in Connection with Secured Loan Agreement and form packages. We offer templates for a myriad of use cases: from divorce papers to real estate documents. We've been on the market for more than 25 years and got a spotless reputation among our clients. Here's how you can become one of them and obtain the needed document without extra hassles.

  • First and foremost, carefully verify if the Franklin Participating or Participation Loan Agreement in Connection with Secured Loan Agreement is tailored to your state's or county's regulations.
  • If the form has a desciption, make sure to check what it's suitable for.
  • Start the search over if the template isn’t what you were seeking by utilizing the search box in the header.
  • Choose the subscription that best suits your needs and proceed to the payment.
  • Choose the file format you would like to get your form in and download it.
  • Print it out, complete it, and sign on the dotted line.

If you've already set up an account, you can easily log in to it, find the Franklin Participating or Participation Loan Agreement in Connection with Secured Loan Agreement template, and download it. To re-download the form, simply go to the My Forms tab.

It's stressless to find and download legal forms if you use our catalog. In addition, the templates we provide are updated by industry experts, which gives you greater peace of mind when dealing with legal affairs. Try US Legal Forms now and see for yourself!

Trusted and secure by over 3 million people of the world’s leading companies

Franklin Ohio Participating or Participation Loan Agreement in Connection with Secured Loan Agreement