This document is not under the conditions of evil and can be refunded on request. An on-demand loan means that the lender can demand repayment of the loan at any time. As a general rule, a borrowing subsidiary does not need certainty about the duration of the loan and the lender can also eliminate the need for guarantees, defaults, covenants, insurance and guarantees, as would be the case in a credit relationship between two unrelated parties. If the parties need a fixed term and greater conditionality of the loan, our LongForm Loan Agreement may be more appropriate. Private credit – A loan between family and friends. This intra-group (on-demand) loan agreement governs the granting of a loan at the request of a parent company to one of its subsidiaries. . . .