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Financial Support Agreement
"Need a Financial Support Agreement for our Singapore subsidiary to provide monthly financial support of SGD 500,000 to our newly established Malaysian startup, starting from March 2025, with quarterly performance reviews and early termination options."
1. Parties: Details of the provider and recipient of financial support
2. Background: Context and purpose of the financial support arrangement
3. Definitions: Key terms used throughout the agreement
4. Support Amount and Payment Terms: Quantum of support and payment schedule
5. Duration: Term of the agreement and renewal provisions
6. Conditions Precedent: Prerequisites for support disbursement
7. Obligations of Parties: Responsibilities of both provider and recipient
8. Representations and Warranties: Standard declarations and assurances from both parties
9. Events of Default: Circumstances constituting default and consequences
10. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
1. Security Arrangements: Details of any collateral or guarantees required to secure the financial support
2. Interest Provisions: Terms relating to interest calculations and payments if applicable
3. Performance Metrics: Specific measurable targets or conditions tied to the financial support
4. Early Termination: Provisions for early termination of the agreement and its consequences
5. Change of Control: Provisions dealing with changes in ownership or control of either party
1. Payment Schedule: Detailed breakdown of payment amounts and dates
2. Performance Criteria: Detailed metrics and targets to be achieved under the agreement
3. Security Documents: Forms and details of security arrangements if applicable
4. Compliance Requirements: List of regulatory and reporting obligations
5. Form of Notices: Templates for formal communications between parties
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