Ontario Loan Agreement for Non-Revolving Term Loan with Royalty Payments

Prepare a Loan Agreement for Non-Revolving Term Loan with Royalty Payments with this template form for Ontario.

• The loan is a non-revolving term loan, to be advanced in a single payment.
• The loan bears no interest until default; instead the borrower will pay a percentage of its net revenues to the lender as a royalty (exclusive of loan advances).
• All payments are applied to interest first.

The Ontario Loan Agreement for Non-Revolving Term Loan with Royalty Payments is available as a downloadable and fully editable MS Word template.