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It sets out key terms and defined concepts used throughout the agreement, including acquired assets, repayment installments and due dates, applicable interest rates, events of default, default interest, taxes, project documents, project monitoring, and the overall project scope. The document also establishes general assistance conditions, including use of funds solely for the project and restrictions on obtaining additional support without prior NSDC written permission.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/loan-agreement-lender-nsdc-and-borrower-terms-definitions/282656/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/loan-agreement-lender-nsdc-and-borrower-terms-definitions/282656.png","ImageObject",442,249,{"name":88,"@type":89},"Kyle","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-19","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",13,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Who are the parties to the loan agreement and where is it executed?","Question",{"text":109,"@type":110},"The parties are NSDC as the Lender and the Borrower as named in Article XII. The agreement is made at New Delhi.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How must the borrower use the loan assistance?",{"text":114,"@type":110},"The borrower must use the assistance and any accrued interest solely for the specified project and its implementation.",{"name":116,"@type":107,"acceptedAnswer":117},"Can the borrower obtain additional assistance or loans for the same project?",{"text":118,"@type":110},"The borrower cannot obtain further assistance, loan, or equity participation in respect of the project without prior written permission of NSDC.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},282656,1789579524,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":35,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":140},3985741905716,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","LOANAGREEMENT  \nTHIS LOAN AGREEMENT made at New Delhi on the   day of   , 2011 between NATIONAL SKILL DEVELOPMENT CORPORATION a non-profit company, registered under the Companies Act, 1956 and licensed under section 25 of the Companies Act, 1956 having its registered office at D-4, Clarion Collection, Shaheed Jeet Singh Marg, New Delhi-110016, India (hereinafter referred to as \"Lender/NSDC\"which expression shall, unless it be repugnant to the subject or context thereof, include its successors and permitted assigns) of the one part AND the Borrower whose name and address are stated in Article XII, hereinafter called “the BORROWER” (which expression shall unless the context otherwise requires, include its successor and permitted assigns) on the Other part:  \nNSDC and the Borrower are sometimes hereinafter individually referred to as a “Party”, and collectively, as “Parties”.  \nWHEREAS relying upon the representations and warranties and other information including the Project Proposal as provided by the Borrower, NSDC has agreed to provide Assistance to the Borrower on the following terms and conditions enabling the Borrower to implement the Project.  \nNOW IT IS HEREBY AGREED AS UNDER:  \nARTICLE 1 – DEFINITIONS  \n1.1 In this Agreement, unless the context otherwise requires:  \n(i) “Acquired Assets” shall mean the asset(s) that are acquired by the Borrower out of the Assistance including all spares, accessories, attachments, alterations,  \nreplacements and/or additions to the asset(s) or any item or any part thereof during the period of this Agreement;  \n(ii)“Agreement” shall refer to this Loan Agreement including all the Schedules and annexures attached with it;  \n(iii)“Applicable Interest Rate(s)” shall mean the rate of interest as specified in Schedule II;  \n(iv)“Authority” shall mean and include any applicable legislative body, regulatory or administrative authority, agency or commission, or any court, board, tribunal, or judicial or quasi-judicial or arbitral body having authority of law;  \n(v)“Business Day” shall mean a day on which the office of the Lender as described in this Agreement and a day on which schedule commercial banks are open for normal business transactions;  \n(vi)“Charter Documents” shall mean the Memorandum and Articles of Association of the Borrower;  \n(vii)“Default Rate” shall mean the rate of interest specified as the Default Rate in Schedule II hereto;  \n(viii)“Due Date” shall mean, in respect of a Repayment Instalment or an interest payment, the date on which the same falls due as stipulated in Schedule II hereto;  \n(ix)“Event of Default” shall mean any or all of the events specified in Article V hereof;  \n(x)“Facility Agreements/Documents” shall mean and include this Agreement, Memorandum of Approval and all other agreements, instruments, undertakings, deeds and other documents executed or entered into, or to be executed or entered into by the Borrower with the Lender in connection with the Project;  \n(xi)“Financial Management and Procurement Manual” shall mean the Manual adopted by the Board of NSDC which lays down the procedure for disbursement of Assistance by NSDC;  \n(xii)“Indebtedness” means any indebtedness whatsoever of the Borrower at anytime for or in respect of any monies due under this Agreement or any of the Facility Agreements;  \n(xiii)“Interest Payment Date(s)” shall mean the date(s) for payment of interest as specified in Schedule II hereto;  \n(xiv)“Material Adverse Effect” shall mean the effect or consequence of any event which, in the reasonable opinion of the Lender, is or is likely to adversely affect the ability of the Borrower in implementation of the Project under this Agreement and/or the other Facility Agreements;  \n(xv)“Memorandum of Approval” shall mean the approval granted by NSDC in response to the Project Proposal as per the Financial Management and Procurement Manual of NSDC;  \n(xvi)“Project Documents” shall mean all the manuals, records, registers and all other documents ","cbCait832mK8c4CM","https://ap.wps.com/l/cbCait832mK8c4CM","pdf",226710,"English","# ARTICLE 1 – DEFINITIONS\n## Acquired Assets and Agreement Terms\n## Interest, Due Date, Default, and Events of Default\n## Project Documents and Project Scope\n# ARTICLE II – GENRAL TERMS OF ASSISTANCE\n## General Assistance Commitment\n## Use of Assistance and Additional Funding Restriction","[{\"question\":\"Who are the parties to the loan agreement and where is it executed?\",\"answer\":\"The parties are NSDC as the Lender and the Borrower as named in Article XII. The agreement is made at New Delhi.\"},{\"question\":\"How must the borrower use the loan assistance?\",\"answer\":\"The borrower must use the assistance and any accrued interest solely for the specified project and its implementation.\"},{\"question\":\"Can the borrower obtain additional assistance or loans for the same project?\",\"answer\":\"The borrower cannot obtain further assistance, loan, or equity participation in respect of the project without prior written permission of NSDC.\"}]","Loan Agreement - Lender NSDC and Borrower Terms & Definitions | PDF",6]