NAIROBI | MOMBASA | KAMPALA | DAR ES SALAAM | KIGALI | LAGOS

I&M Bank House, 7th Floor, 2nd Ngong Avenue

+254 716 209 673

law@cmadvocates.com

 

Legal Documents

CM Advocates > Standstill Agreement-Simple

Standstill Agreement-Simple

A Standstill Agreement refers to forms of arrangements in which a Company may enter into in order to delay an action which might otherwise take place. A Standstill Agreement allows the parties to stop the running of time within a contract.

This Standstill Agreement is a simplified format which provides for the stopping of obligations between a Lender and Creditor to allow the Debtor time to restructure itself while at the same time preventing the Creditor from realising the Security pledged under an existing underlying loan agreement.

For Only

KShs15,000

Get your

Standstill Agreement-Simple

Instant Download

  • Up-to-date document template
  • Emailed to you instantly
  • Suitable for startups and small-to-medium businesses
  • Editable Word Document for you to modify
  • Guidance notes included

KShs15,000

Drafted By An Advocate

  • Document drafted by a lawyer
  • Up to five business day turnaround
  • Complimentary consultation with a lawyer to discuss changes and answer questions
  • Fully personalised for your business and industry
  • You are protected under our insurance

Affordable Fixed-Fee Price

Table of ContentS

  1. DEFINITIONS AND INTERPRETATION
  2. AGREEMENT TO SUSPEND TIME
  3. OBLIGATIONS OF THE DEBTOR DURING THE STANDSTILL PERIOD
  4. OBLIGATIONS OF LENDER DURING THE STANDSTILL PERIOD
  5. APPLICATION OF BALANCES DURING THE STANDSTILL PERIOD
  6. NO WAIVER
  7. ASSIGNMENT AND OTHER DEALINGS
  8. GOVERNING LAW
  9. DISPUTE RESOLUTION
  10. FORCE MAJEURE
  11. AMENDMENTS
  12. EXCLUSION OF PARTNERSHIP/AGENCY
  13. ENTIRE AGREEMENT
  14. NOTICES
  15. SEVERABILITY
  16. AUTHORITY TO EXECUTE
  17. SURVIVAL
  18. NON-EXCLUSIVITY
  19. CONCLUSIVE EVIDENCE
  20. COSTS
  21. COUNTERPARTS
  22. GENERAL

 

Which Legal Documents are you looking for?

    Get a Quote by filling in the form below

    Please tell us more about your enquiry and one of our team member will be in touch with you.

    × How can I help you?