# Borrower MLA Prior to the disbursement of any funds, all prospective borrowers sign a legal agreement (the “Agreement”) prior to receipt of funds. This agreement is legally binding, ensures the rights and obligations of the parties involved, including, but not limited to, the unequivocal right of the lender to pursue all available legal remedies against the borrower in the event of default. The Agreement incorporates a forum selection clause and arbitration provision. Further, as a condition precedent to receiving funds, borrowers are required to execute an irrevocable waiver of all and any obligations to forum. In the event of default, the distribution of such recovered amounts is allocated as follows: i) All reasonable and documented costs incurred by Maple, as explicitly defined in the Agreement. ii) The outstanding principal balance owed to Lenders, to be distributed on a pro-rata basis calculated as of the date of default; iii) Any and all accrued interest owed to Lenders, similarly to be distributed on a pro-rata basis calculated as of the date of default; iv) Any fees owed to Maple, as expressly stipulated in the Agreement. For questions about KYC or legal agreements, please contact . --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.maple.finance/legal/borrower-mla.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.