"; //print_r($lender); //exit; $lender['logo'] = isset($http) ? str_replace('http', 'https', $lender['logo']) : $lender['logo']; ?>

MASTER AGREEMENT

DATED {!! $date !!}@if($date >=4) th @elseif($date == 1) st @elseif($date == 2) nd @elseif($date == 3) rd @endifday of {!! date('F',time()) !!} {!! date('Y',time()) !!}

BETWEEN

{!! $lender['name'] !!}

AND

{!! $merchant['official_merchant_name'] or $merchant['merchant_name'] !!}

This master agreement ("Agreement") is entered into on this ({!! $date !!}@if($date >=4) th @elseif($date == 1) st @elseif($date == 2) nd @elseif($date == 3) rd @endifday of {!! date('F',time()) !!} {!! date('Y',time()) !!}) at Mumbai, India:
BY AND BETWEEN:
Credit Fair, {!! $lender['name'] !!}, a company incorporated under the Companies Act, {!! $lender['companies_act'] !!} with CIN {!! $lender['cin'] !!} and having its registered office at {!! $lender['address'] !!}. (hereinafter referred to as the “Company”, which expression shall unless repugnant to the context or meaning thereof mean and include its successors and permitted assigns) of the ONE PART;
{!! $merchant['merchant_name'] !!}, a @if($merchant['type_of_firm'] == 'proprietorship') Sole Proprietorship of {!! $merchant['owner_name'] !!} @elseif($merchant['type_of_firm'] == 'llp') a limited liability partnership firm established under the Limited Liability Partnership Act, 2008 @elseif($merchant['type_of_firm'] == 'company') company established under the Companies Act, 1956/2013 @elseif($merchant['type_of_firm'] == 'partnership') a partnership firm established under the Indian Partnership Act, 1932 @endif and having its corporate office {!! $merchant['address'] !!} (hereinafter referred to as the “Merchant” (which expression shall, unless repugnant to the context or meaning thereof, be deemed to include, its successors and assigns) Of the OTHER PART.
“Parties” shall mean collectively the Company and Merchant and “Party” means each of the Company and Merchant individually.
WHEREAS:
A. Merchant is engaged in the business of providing {!! $merchant['nature_of_business'] !!}
B. The Company desires to provide services of collecting information, data and documents relating to persons from various sources and in analysing, processing, and disseminating such information, data, analysis and/or documents to Lenders (as defined hereinafter) to enable such other Lenders to provide various financial and other services;
C. Merchant desires to commence providing an option to Customers to express their interest in obtaining debt financing from one or more Lenders. In connection with such option, Merchant is desirous of providing to the Company, the Customer Data (as defined hereinafter) for onward transmission to Lenders, their agents, service providers, advisors or representatives;
D. The Parties wish to execute this Agreement to record the understanding between them to give effect to this arrangement.
NOW, THEREFORE, in consideration of the mutual agreements, covenants, representations and warranties set forth in the Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged by the Parties, the Parties hereby agree as follows:
1. Definitions
In the Agreement, (i) capitalized terms defined by inclusion in quotations have the meanings so ascribed; and (ii) the following terms shall have the meanings assigned to them under Schedule I:
2. Data Sharing
2.1 The Company shall use the Customer Data for the purposes contemplated under this Agreement, and in connection therewith, may use, retain, process, analyse, reproduce, transmit, distribute, create derivative works out of, or make available to any Lender, the Customer Data.
Merchant agrees that it shall:
2.1.1 on and with effect from the date of this Agreement, transmit, as mutually agreed by Parties, all relevant Data if any to the Company.
2.1.2 procure and maintain in full force and effect, consents from Customers (in form and substance acceptable to the Company) in relation to the transmission of the Customer Data by Merchant to the Company and the use and further dissemination of such Customer Data by the Company;
2.1.3 report to the Company promptly, any change in the Customer Data that had been previously transferred to the Company, as soon as Merchant becomes aware of such change;
2.2 Merchant shall ensure that the Customer Data is not deleted, removed, obscured or modified in any way prior to its transmission to the Company. Merchant shall transmit the Customer Data to the Company “as is” without any changes in substance of the Customer Data.
2.3 In the event that Merchant is required to suspend, blacklist, ban or prevent a Borrower from using Merchant’s Website/ Merchant’s services, it shall inform the Company within 3 days, providing full and complete details of the same.
2.4 Merchant shall keep the Company promptly informed of any change in credit or payment terms between Merchant and the Customers.
2.5 The company is at liberty to enter into similar agreements with other entities without any notice to the Merchant.
3 Discount
3.1 The Merchant hereby agrees and acknowledges that the Lender is providing credit facilities on the understanding that the Merchant shall provide a discount as more particularly mentioned in Schedule II hereto ("Discount") to the Lender for the provision of credit facilities to Interested Customers.
3.2 The Merchant undertakes and agrees that the Merchant is under a continuous obligation to provide the Discount and that Merchant shall not be discharged of this obligation whether the credit facilities are disbursed in a single tranche or in multiple tranches.
4 Consideration
4.1 As consideration for the performance of its obligations under and in accordance with this Agreement, the Company shall pay to Merchant consideration in the manner specified in Schedule II to this Agreement for as long as Merchant continues to be in compliance with its obligations under this Agreement.
4.2 The Merchant acknowledges and confirms that the consideration under Schedule II shall constitute due and valid consideration under this Agreement and in no event shall the Company be liable to make any additional payments to the Merchant.
5 Marketing
5.1 Merchant shall keep all Customers informed regarding their option to avail credit facilities from various Lenders represented by the Company.
5.2 Both Parties agree that it shall take all other actions in relation to marketing as may be mutually agreed between the Parties.
6. High Risk and Defaulting Borrowers
6.1 In the event the Company notifies Merchant that (i) a Prospective Credit Situation has occurred in relation to a Borrower or (ii) a Borrower is suspected by the Company or the Lender of being involved in a Prohibited Activity (such Borrower in relation to whom the Company notifies Merchant under this Clause being a "High Risk Borrower"), Merchant shall provide to the Company such further information pertaining to the High Risk Borrower as may be mutually agreed between the Parties.
6.2 In the event the Company notifies Merchant that a Borrower has defaulted under the terms of any lending document pursuant to which it has availed credit facilities from a Lender (such Borrower who defaults being a "Defaulting Borrower"), Merchant shall:
6.2.1 if required by the Company, withhold any amounts due to the Defaulting Borrower as instructed by the Company;
6.2.2 suspend, blacklist, ban or prevent a Borrower from using Merchant’s Website/ Merchant’s services; and
6.2.3 extend all possible cooperation including liaising with the Customers to correct the default committed by the Defaulting Borrower.
6.3 In the event the Defaulting Borrower continues to be in default even after a period of 30 (Thirty) days from the date of initial default by the Borrower, Merchant shall immediately take such action as may be mutually agreed between Merchant and the Company or as required under applicable Law.
7. Confidentiality Obligations
The Parties shall be bound by such confidentiality obligations as agreed to between that Parties vide a letter dated {!! $date !!}@if($date >=4) th @elseif($date == 1) st @elseif($date == 2) nd @elseif($date == 3) rd @endifday of {!! date('F',time()) !!} {!! date('Y',time()) !!}
8. Refund Process and Transactions
Post disbursal of a loan, if the Borrower or Merchant decide to cancel the transaction for any reason, the amount refunded by the Merchant will be first provided to the Company towards repayment of the outstanding amount. If the Refund amount exceeds the Outstanding’s of the Company, the Merchant will refund the same to the Borrower. The Merchant will be required to intimate the Company of any such cancellation event within 7 days of it having taken place, and the Company will provide the Merchant with a Loan Closure statement at this time. The statement will clearly define the Account Outstanding’s (including Principal Outstanding, Interest charges and Fees if any)
9. Representations and Warranties
9.1 Each Party represents and warrants to the other Party that:
a) it possesses the requisite corporate power to enter into, perform and deliver, and has obtained all necessary corporate and shareholder consents to authorise the entry into, performance and delivery of the obligations under this Agreement and the transactions contemplated by this Agreement;
b) the entry into, execution, delivery and performance of the obligations under and the transactions contemplated by this Agreement will not violate any order, judgment, or decree of any court;
c) the entry into, execution, delivery and performance of the obligations under and the transactions contemplated by this Agreement will not violate any agreement between the Company and any other Person;
9.2 Merchant represents and warrants to the Company that it has procured and maintains, in full force and effect, all consents necessary from the Customers under applicable Law for all matters and transactions contemplated under this Agreement.
9.3 The representation and warranty provided by Merchant under Clause 8.2 above shall be deemed to be repeated and provided at every instance of transfer or transmission of Marketing Data and Customer Data from Merchant to the Company.
10. Indemnification
10.1 Each Party shall indemnify and hold harmless (such Party being the "Indemnifying Party") the other Party, its Affiliates and their directors, officers, employees, agents, advisors and representatives ("Indemnified Parties") from and against all claims (including any claim by any third party, including a governmental authority), losses, damage, costs and expenses (including reasonable legal and other advisor fees) incurred or suffered by any Indemnified Party, which arises out of or is in relation with:
10.1.1 the breach by the Indemnifying Party of any obligation, representation, warranty and/or covenant contained in this Agreement; and
10.1.2 any act of fraud or misrepresentation committed by the Indemnifying Party, or breach of Law by the Indemnifying Party.
11. Limitation of Liability
The obligations of each Party under this Agreement are several (and not joint or jointly and severally) and each Party’s obligation for fees and costs pursuant to the indemnity clause is capped at ₹ 1,00,000/-. Except in connection with the indemnity clause and except where the Claim has arisen as a result of the fraud, willful misconduct, or breach of this Agreement by a Party in which case the Liability for the Claim will rest solely with the party who has committed the act of fraud or willful misconduct or the breach.
12. Intellectual Property Rights
12.1 Each Party shall retain their respective rights, title and interest in its patents, copyrights, trademarks, proprietary marks and/or licensed software, service marks and trade secrets ("Intellectual Property Rights").
12.2 The Parties agree that the Company owns and retains all right, title and interest in and to all reports, documents, materials, ideas, concepts, know-how, specifications, plans, notes, drawings, designs, pictures, images, text, audio-visual works, data, information and other items, expressions, works of authorship or work product of any kind that are authored, produced, created, conceived, collected, developed, discovered or made by the Company in connection with the Customer Data or which relate in any manner to the Customer Data. .
13. Term & Termination
13.1 The initial term of this Agreement shall be 36 (Thirty six) months ("Initial Term"). At the end of the Initial Term, unless otherwise agreed between the Parties in writing, the Agreement shall stand renewed for a further period of 36 (Thirty six) months without any further act or deed by any Party. Notwithstanding anything to the contrary contained in this Agreement, this Agreement may be terminated (i) by the mutual consent of Merchant and the Company; (ii) or by either Party, upon giving 90 (Ninety) days’ notice to the other Party.
14. Notices
Any and all notices, invoices, documents and other information to be given by one of the Parties to the other shall be deemed sufficiently given when forwarded by registered post with acknowledgment due or hand delivery to the other Party at the addresses mentioned above, or by way of email at the email addresses provided by one party to the other under this Agreement. Each Party shall notify the other in writing of any changes to such addresses.
15. Governing Law and Jurisdiction
This Agreement and the relationship between the Parties hereto shall be governed by, and interpreted in accordance with, the laws of India.
16. Arbitration
16.1 If any dispute, controversy or claim between the Parties arises out of or in connection with this Agreement, including the breach, termination or invalidity thereof (the "Dispute"), the Parties shall use all reasonable endeavours to negotiate with a view to resolving the Dispute amicably.
16.2 If a Party gives the other Party notice that a Dispute has arisen (a "Dispute Notice") and the Parties are unable to resolve the Dispute amicably within 15 (Fifteen) days of service of the Dispute Notice (or such longer period as the Parties may mutually agree), then the Dispute shall be referred to arbitration and be finally settled by arbitration under the Indian Arbitration Act, 1996 in accordance with the terms of this Agreement.
16.3 There shall be arbitrator as mutually decided by the Company and the Merchant, who shall be appointed by the Company. he venue of the arbitration shall be Mumbai , India and the language of the arbitration shall be English.
16.4 Any arbitral award shall be final and binding on the Parties and the Parties waive irrevocably any rights to any form of appeal, review or recourse to any state or other judicial authority in so far as such waiver may validly be made.
17. Miscellaneous
17.1 Assignment
Either Party may assign or transfer its respective rights and obligations hereunder to any other Person by providing prior written intimation to the other Party.
17.2 Amendments
Except as otherwise agreed under this Agreement, this Agreement may not be amended, modified or supplemented except by a written instrument executed by each of the Parties.
17.3 No Partnership
No Party shall act as an agent of the other Party or have any authority to act for or to bind the other Party.
17.4 Independent Rights
Each of the rights of the Parties are independent, cumulative and without prejudice to all other rights available to them, and the exercise or non-exercise of any such rights shall not prejudice or constitute a waiver of any other right of the Party, whether under this Agreement or otherwise. Provided that where different rights are created as a result of or on account of a single cause of action, where a Party has achieved complete remedy by pursuing one course of action, such Party shall not be entitled to pursue other causes of action to seek further remedies for the same cause of action.
17.5 Specific Performance
The Parties agree that damages may not be an adequate remedy and that the Company shall be entitled to an injunction, restraining order, right for recovery, suit for specific performance or such other equitable relief as a court of competent jurisdiction may deem necessary or appropriate to restrain the Merchant from committing any violation or enforce the performance of the covenants, representations and obligations contained in this Agreement.
17.6 Entire Agreement
This Agreement constitutes the entire agreement of the Parties relating to the subject matter hereof and supersedes any and all prior agreements, including letters of intent and term sheets, either oral or in writing, between the Parties with respect to the subject matter herein, including in relation to any confidential information shared between the Parties.
17.7 Partial Invalidity
If any part of this Agreement is deemed invalid, void, or for any reason unenforceable, that part of the Agreement will be deemed severable and will not affect the validity and enforceability of any remaining part of the Agreement.
17.8 Survival
The termination of this Agreement shall in no event terminate or prejudice (a) any obligation of either of the Parties arising out of or accruing under this Agreement attributable to events or circumstances occurring prior to such termination; (b) any provision which by its nature is intended to survive termination.
17.9 Further Assurances
The Parties shall promptly and duly execute and deliver all such further instruments and documents, and do or procure to be done all such acts or things, as may be deemed necessary or desirable in obtaining the full benefits of this Agreement.
17.10 Costs and Expenses
Each of the Parties shall bear their own legal costs, disbursements charges and expenses incurred in and about the negotiation, preparation and execution of this Agreement and any other document executed in connection with this Agreement, provided however that all stamp duty payable in relation to this Agreement and any other document executed in connection with this Agreement shall be borne by the Company.
17.11 No Poaching
For the term of this Agreement and for the period of twelve (12) months thereafter, without the prior written consent of the other party, neither party shall either directly or indirectly solicit or entice away (or seek or attempt to entice away) from the employment of the other party, any person employed (or any person who has been so employed in the preceding twelve (12) months) by such other party in the provision or receipt of the Services. For the avoidance of doubt, this Clause shall not apply to unsolicited responses by employees to general recruitment advertising.
17.12 Force Majeure
Neither Party shall be liable for failure to timely perform under this Agreement to the extent that its performance is delayed by a force majeure event when caused by any of the following which are beyond the Party’s reasonable control, without the Party’s fault or negligence, and which could not have been avoided by the Party’s use of due care, including but not limited to, acts of God including hurricanes, tornadoes, earthquakes and floods; acts of terrorism; civil unrest; interference by civil or military authority, including war and embargoes; fires; epidemics; and labour strikes (other than labour strikes with the work force of the delayed Party) (“Force Majeure”). It is clarified that Force Majeure shall not include the novel coronavirus Covid-19 pandemic which is ongoing as of the date of the execution of this Agreement. For the avoidance of doubt, Force Majeure shall not include (a) financial distress nor the inability of either Party to make a profit or avoid a financial loss, (b) changes in the market prices or conditions, or (c) a Party's financial inability to perform its obligations hereunder. The Party claiming Force Majeure will use commercially reasonable efforts to minimize the delay.
18. Duties
18.1 Each Party is liable to perform their duties and follow the process as outlined in Schedule III
@if($pdf == 1)
IN WITNESS WHEREOF, THE PARTIES HERETO HAVE CAUSED THIS AGREEMENT TO BE DULY EXECUTED AND DELIVERED BY THEIR DULY AUTHORISED REPRESENTATIVES AS OF THE DAY AND YEAR HEREINABOVE WRITTEN
Signed and delivered [for and on behalf of]/[by]
{!! $lender['name'] !!}

⨂ ………………………………………………….
By. Aditya Damani
Title: Director
@if(isset($signed_data[0]) && $pdf == 1)
@if(isset($signed_data[0]['applicant']) && $signed_data[0]['applicant'] == 1)

I have read all the terms and conditions mentioned in the agreement and I agreed to it.
{!! $merchant['owner_name'] !!} (Owner) signed this agreement at {{ date('h:s A',strtotime($signed_data[0]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[0]['click_time']))}}

@endif @if(isset($signed_data[1]['applicant']) && $signed_data[1]['applicant'] == 2)

{{$language_consent['consent']}}

{!! $user['co_applicant_name'] !!} (Co-Applicant) signed this agreement at {{ date('h:s A',strtotime($signed_data[1]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[1]['click_time']))}}

@endif
@endif @endif

SCHEDULE I

Definitions



"Borrower" means a Customer who has availed of any credit facility from a Lender;


"Customer Data" means, all information regarding the Customer’s transactions, sales, revenue, ratings or feedback in relation to services provided by the Merchant, history of business, payment history, cancellation and refund history, all corporate data, PAN number, TAN number, GST registration, credit period and/or terms provided by Merchant and other information of a similar nature in relation to transactions in each case; and such other information, as may be mutually agreed between the Parties from time to time in relation to the Customer s; and


"Customers" includes businesses, individuals, body corporates who transact with the Merchant.


"Designated Bank Account" means the bank account of the Customer to which the Customer receives all payments in relation to transactions carried out by the Customer;


"Interested Customer" means a Customer who has expressed interest in availing any credit facility from a Lender;


"Lender" means any Person that avails of technology, data mining and/or analytics services from the Company for the purpose of providing credit facilities to Interested Customers;


"Marketing Data" means segment level information or anonymized transaction and Customer profile data, or as may be mutually agreed between the Parties from time to time;


"Person" includes an individual, an association, a corporation, a partnership, a joint venture, a trust, an unincorporated organisation, a joint stock company, a bank, a non-banking financial company or other entity or organisation, including a government or political subdivision, or an agency or instrumentality thereof and/or any other legal entity;


"Prohibited Activity" means any act is illegal or fraudulent or otherwise prohibited by law;


"Prospective Credit Situation" means any event or circumstance which causes a determination to be made by any Lender that a Borrower’s risk of a being unable to meet its financial obligations to such Lender may increase;

SCHEDULE II

(COMMERCIAL TERMS)

  • The consideration for the data sharing arrangement as detailed hereinabove shall be Rs One only per month.
  • The Company will disburse the total order value (inclusive of taxes) as detailed below:

    • Particular % of total order value disbursed
    Upfront 100% of Loan Value
    (Net of Subvention and advance)

  • Discount shall be calculated on the total order value (inclusive of taxes) and based on the tenure of the loan that is disbursed as detailed below:

    • @foreach($merchant['module'] as $offer) @if($offer->status != 0) subvention ?> @endif @endforeach
    Plan Discount on total order value %*
    upto {!! $offer->tenure !!} Months EMI Option upto {!! $offer->subvention !!} %

    @if($subventions)

    For any tenure not mentioned above the maximum subvention will be {!! max($subventions) !!}%

    @endif
@if($merchant['id'] == 81)

*Company’s fees are inclusive of taxes (GST if applicable)

@else

*Company’s fees are exclusive of taxes (GST if applicable)

@endif

Disclaimer: It is clarified that in the cases where the loans are disbursed by/through the Lender (affiliated with the Company) pursuant to the understanding recorded under this Agreement, the Lender would directly raise their invoice in favor of the Merchant by keeping the Company in loop. In such cases, the Merchant shall deduct TDS against the respective invoice of the Lender and not in favor of the Company.


SCHEDULE III

(COMMERCIAL TERMS)

  • Joint Process & Responsibilities for education merchants
  • The Company will disburse the total order value (inclusive of taxes) as detailed below:

    • Activity Responsibility
    Sourcing (In Person Sales Process).

    ⮚ For interested customers that require finance for product subscription, {!! $merchant['merchant_name'] !!} has to collect the following information from customers for assessment.

    • Name
    • PAN
    • Aadhar Card
    • Address Proof (Not required for cases with CIBIL score of more than 625)
    • Bank Statements for 3 months / 6 months (Selected cases - As defined in the policy)
    • Cancelled Cheque
    • Invoice / Order Receipt

    ⮚ For interested customers who do not require finance for product subscription, {!! $merchant['merchant_name'] !!} to offer products as availed by customers.


    Sourcing (Digital Sales Process)

    ⮚ {!! $merchant['merchant_name'] !!} to obtain confirmation from customers about the requirement of finance for availing product subscription.

    ⮚ In a process not integrated with API

    • {!! $merchant['merchant_name'] !!} to initiate an application for customer in Company’s merchant portal
    • {!! $merchant['merchant_name'] !!} to ensure that application link is sent to customer’s email / phone number immediately upon request submission by {!! $merchant['merchant_name'] !!} in the merchant portal
    • Customer to enter complete the EMI Loan application process in the Company’s portal

    ⮚ For interested customers that require finance for merchant’s product and services, {!! $merchant['merchant_name'] !!} will guide customers to upload required documents on the {!! $merchant['merchant_name'] !!} portal for assessment. (add/delete as per the EMI Partner’s specification)

    • Name
    • PAN
    • Aadhar Card masking will be as per {!! $merchant['merchant_name'] !!} policy
    • Address Proof
    • Bank Statements for 3 months (Selected cases - As defined in the policy)
    • Cancelled Cheque
    • Sales Invoice / Order Receipt

    ⮚ For interested customers who do not require finance for merchant’s product and services, {!! $merchant['merchant_name'] !!} to offer products as availed by customers.

    		 {!! $merchant['merchant_name'] !!}
    Sanction Process

    ⮚ {!! $merchant['merchant_name'] !!} should collect only basic customer information to do the basic eligibility check The basic information collected for eligibility check includes:

    • Name & basic demographic information
    • Address(es)
    • PAN Card & Aadhar Card information
    • Employment & Income details
    		 Credit Fair
    ⮚ For approved cases
    • E-NACH Registration - {!! $merchant['merchant_name'] !!} will guide customers to execute OTP based nach registration and loan agreement cum terms & conditions document and trigger for disbursement.
    • Manual NACH Registration (Incase E-NACH not available for customer’s bank) -
      • {!! $merchant['merchant_name'] !!} to arrange for collection of physical signed NACH mandates or ensure upload on {!! $merchant['merchant_name'] !!} portal for registration, execute loan agreement cum terms & conditions document and trigger for disbursement.

    ** Note: Turn-around Time (TAT) for Sourcing & Sanction Process is T0 days calculated from the date of completion of application by customer, Where T0 being first day.

    		 {!! $merchant['merchant_name'] !!} Team / Credit Fair
    Disbursement Process

    ⮚ On completion of the sanction process, agreement signing, the Credit Fair's operations team will verify all documents and forward the case for disbursement.

    ⮚ Credit Fair's Operations team to transfer the disbursement amount after deducting subvention amount plus GST basis the business agreement

    ⮚ Daily MIS report to be shared by Credit Fair, report should include

    • Date of Application
    • Loan application No
    • Applicant Name
    • Loan Amount
    • Advance amount / Down payment
    • Scheme applied
    • Disbursal Date
    • Disbursal Amount
    • Subvention Amount
    • GST Amount
    • UTR No.

    ** Note: TAT for disbursement is T0 + 1 working day, where T0 is agreement signing

    		 Credit Fair
    Collection Process

    ⮚ As customers will do the ENACH registration on completion of sanction process.

    ⮚ In case of physical NACH registration, Company’s operations team will initiate NACH registration as soon as NACH mandate is uploaded on portal or physical copy is delivered to Credit Fair's office (as preferred by Company)

    ⮚ For unregistered NACH, Credit Fair's should connect with customers for re-initiation of E-NACH registration or collection of revised NACH mandate.

    		 Credit Fair Team
    EMI Bounce cases

    ⮚ Credit Fair to share report of bounce cases to {!! $merchant['merchant_name'] !!} customer support team

    Note: TAT for sharing report of collection of bounce cases is T0 + 7, where T0 is date of receipt of bounce report from Company

    		 {!! $merchant['merchant_name'] !!} Team
    Subvention Invoicing

    ⮚ Credit Fair will share a monthly MIS for net of subvention charges. Subvention invoice will be shared after disbursement of each case.

    		 Credit Fair Team

@if($pdf == 1)
Signed and delivered [for and on behalf of]/[by]
{!! $lender['name'] !!}

⨂ ………………………………………………….
By. Aditya Damani
Title: Director
@endif @if(isset($signed_data[0]) && $pdf == 1)
@if(isset($signed_data[0]['applicant']) && $signed_data[0]['applicant'] == 1)

I have read all the terms and conditions mentioned in the agreement and I agreed to it.
{!! $merchant['owner_name'] !!} (Owner) signed this agreement at {{ date('h:s A',strtotime($signed_data[0]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[0]['click_time']))}}

@endif @if(isset($signed_data[1]['applicant']) && $signed_data[1]['applicant'] == 2)

{{$language_consent['consent']}}

{!! $user['co_applicant_name'] !!} (Co-Applicant) signed this agreement at {{ date('h:s A',strtotime($signed_data[1]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[1]['click_time']))}}

@endif
@endif
{!! $merchant['merchant_name'] !!} {!! $date !!}@if($date >=4) th @elseif($date == 1) st @elseif($date == 2) nd @elseif($date == 3) rd @endifday of {!! date('F',time()) !!} {!! date('Y',time()) !!}

Subject: Master Agreement dated {!! $date !!}@if($date >=4) th @elseif($date == 1) st @elseif($date == 2) nd @elseif($date == 3) rd @endifday of {!! date('F',time()) !!} {!! date('Y',time()) !!} (“Agreement”) executed between {!! $merchant['merchant_name'] !!}(“Merchant”) and {!! $lender['name'] !!} (“Company”)


Dear {!! $merchant['owner_name'] !!},


  • This is with reference to the Agreement executed between the Merchant and the Company pursuant to which Merchant desires to commence providing an option to Customers to express their interest in obtaining debt financing from one or more Lenders. Pursuant to the said Agreement, the parties wish to share certain confidential information with each other.
  • In light of the said Agreement, “Confidential Information” means any information, financial, technical data or know-how, including, but not limited to, that which relates to research, products, services, business plans, customers, markets, software (including source and object code), graphic user-interface, computer programs, algorithms, hardware configuration, developments, inventions, processes, designs, drawings, engineering, marketing or finances, which confidential information is designated in writing to be confidential or proprietary or, if given orally, is confirmed promptly in writing as having been disclosed as confidential or proprietary. The Confidential information shall not include any know how, technical or otherwise, already present with the Merchant and the Company prior to signing of this Agreement.
  • Further all information provided for under this Clause 3 shall not be construed as Confidential Information:
    • information that is lawfully known by the either Party at the time of disclosure without any obligation to keep the same confidential; or
    • information that becomes, through no fault of the either Party, known or available to the public; or
    • information that is independently developed by the one Party without use or reference to such Confidential Information; or
    • information that is rightfully disclosed to one Party by a third party without any restrictions on disclosure; or
    • Customer Data that is provided by Merchant to the Company with Customer consent to facilitate the lending process; or
    • information that is developed by either Party as a derivative work based on any Confidential Information for any purpose contemplated under the Agreement.
  • Both Parties (including its staff and agents) shall (i) not to use Confidential Information for any purpose other than in relation to the services contemplated under this Agreement ; (ii) except as provided for under this Agreement, not disclose the Confidential Information to any other party except to such of its staff and agents who have a need to know for the Purpose and have been properly briefed regarding the restrictions on use and disclosure; and (iii) take proper care and all reasonable measures to minimize the risk of unauthorized disclosure or use of the Confidential Information with at least the same standard of care as the Company applies to its own Confidential Information.
  • In the event of any request to disclose Confidential Information is received by any Party, that Party shall firstly, promptly notify the other Party thereof, and upon the request of the latter, shall fully cooperate with the former in contesting such disclosure and secondly, the former shall only disclose so much of Confidential Information to the authority compelling disclosure, as is required by law.
  • The obligation towards non-disclosure of Confidential Information shall survive for a period of 1 (One) year from the termination/expiry of the Agreement.
  • Notwithstanding anything contained herein the Parties shall preserve all Confidential Information during the pendency of this Agreement and for a period of 3 (Three) years from the date of termination the Agreement or for any other such time period prescribed by law.
  • All terms not defined under this letter shall have the same meaning as prescribed to it under the Agreement.
  • Please share with us an executed copy of the letter for our records.
@if($pdf == 1)
Signed and delivered [for and on behalf of]/[by]
{!! $lender['name'] !!}

⨂ ………………………………………………….
By. Aditya Damani
Title: Director
@endif
@if(isset($signed_data[0]) && $pdf == 1)
@if(isset($signed_data[0]['applicant']) && $signed_data[0]['applicant'] == 1)

I have read all the terms and conditions mentioned in the agreement and I agreed to it.
{!! $merchant['owner_name'] !!} (Owner) signed this agreement at {{ date('h:s A',strtotime($signed_data[0]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[0]['click_time']))}}

@endif @if(isset($signed_data[1]['applicant']) && $signed_data[1]['applicant'] == 2)

{{$language_consent['consent']}}

{!! $user['co_applicant_name'] !!} (Co-Applicant) signed this agreement at {{ date('h:s A',strtotime($signed_data[1]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[1]['click_time']))}}

@endif
@endif