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Updated 23.05.2024

Amendment to reimbursement terms 

The terms of the debt are modified in terms of amount, interest, or repayment deadline.

Use this amendment: 

  • To confirm a debt that has not been documented, or to make changes to the repayment.
  • That the debt arises from a loan or invoice, whether private or commercial, in Swiss francs or foreign currency.
  • Whether the debt is interest-free, with simple or compound annual interest, or interest only.
  • Whether or not you wish to impose additional guarantees and restrictions on the debtor.
  • Whether or not you wish to provide for penalties and enforcement measures in the event of late repayment.

10€/document

TRY BEFORE BUY

This amendment is governed by Swiss law and complies with commercial and financial regulations 

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Protect yourself legally as a creditor with the following options: 

  • Prohibition on selling significant assets, taking on debt or giving more advantageous security to third-party creditors. 
  • Obligation to regularly confirm declarations, disclose financial statements or tax returns, subject to immediate termination. 
  • Interest on arrears and reminder charges in the event of late payment, with the debtor obliged to cover any legal costs in the event of enforcement. 
  • Immediate termination in the event of a change of control, bankruptcy, or insolvency of the debtor. 
  • Cancellation of the instalment plan and demand for immediate repayment in full if an instalment is overdue. 

Safeguard your interests as a debtor by using the following clauses: 

  • Flexible calculation of simple interest with the option of a single or regular payment. 
  • Option to specify a single interest rate that does not depend on the term of the debt. 
  • Option to accumulate compound interest over different periods. 
  • Limitation of reminder charges. 
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