NZVIF Convertible Loan Agreement - Short Form

NZVIF Convertible Loan Agreement - Short Form

Style Number: COM00014

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Number of variables: 83

Time to complete:

Last updated by NZVIF: 1 March 2016

Last updated by LawHawk: May 2016

Drafted by: NZVIF

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This document is the standard New Zealand Venture Investment Fund ("NZVIF") convertible loan agreement (short form). An un-automated version of this document can be found on the NZVIF website.

The loan, which is repayable on demand, can be specified as a single advance, or tranches.  Where there are tranches, you can specify milestones and drawdown dates.

There are various other details for interest rates, conversion formula, and warranties which are easily captured.