Exegetical Process: 1. Choose a text that comprises a single unit of thought (pericope). 2. Discover the exegetical outline. Give each division an exegetical heading that summarizes and interprets the division from the viewpoint of the original audience. 3. Discover the exegetical proposition from the viewpoint of the original audience.
A Loan Agreement is a document between a borrower and lender, in which the borrower promises to pay back a loan to the lender according to a specified repayment schedule.N CONSIDERATION OF the Lender loaning certain monies (the Loan) to the Borrower, and the Borrower repaying the Loan to the Lender, both parties agree to keep, perform and fulfill the promises and conditions set out in this Agreement:
Most of the terms and conditions are standard fare â amount of money borrowed, interest charged, repayment plan, collateral, late fees, penalties for default â but there are other reasons that loan agreements are useful. A loan agreement is proof that the money involved was a loan, not a gift. That could become an issue with the IRS. Loan agreements are especially useful when borrowing or loaning to a family member or friend. They prevent arguments over terms and conditions.