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The Cash Loan Simple Loan Agreement is a fundamental legal document used in Hong Kong for documenting straightforward lending arrangements. It is particularly suitable for situations where a clear and uncomplicated loan structure is required, such as business loans, personal lending, or short-term financing needs. The agreement complies with Hong Kong's Money Lenders Ordinance and related regulations, incorporating all necessary elements for a valid lending transaction including interest rate provisions (subject to statutory caps), repayment terms, and enforcement mechanisms. This document type is commonly used by licensed money lenders, businesses, and individuals engaging in lending activities in Hong Kong, providing a legally sound framework for loan transactions while remaining relatively straightforward in its terms and structure.

1. Parties: Identification of the lender and borrower with their full legal names and addresses

2. Background: Brief context of the loan arrangement and relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount and its intended purpose

5. Interest Rate: Clear statement of the interest rate, calculation method, and compliance with legal caps

6. Drawdown: Conditions and procedure for disbursement of the loan

7. Repayment Terms: Payment schedule, method of payment, and prepayment provisions

8. Representations and Warranties: Basic statements of fact and assurances from the borrower

9. Events of Default: Circumstances constituting default and consequences

10. Enforcement: Rights and remedies of the lender in case of default

11. Notices: How formal communications between parties should be made

12. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction