Standstill Agreement-Simple


Standstill Agreement-Simple

For Only:

Ksh. 15000.00

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.

Purchase Document

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