Business Loan Agreement Template for Canada

1. Syndication Provisions: Required when multiple lenders are involved in the loan arrangement

2. Subordination Terms: Needed when there are multiple creditors and priority arrangements need to be established

3. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required for the loan

4. Environmental Matters: Required when the loan involves real property or businesses with environmental risks

5. Change of Control Provisions: Important for loans to companies where ownership stability is crucial

6. Guarantor Provisions: Required when third-party guarantees are part of the security structure

7. Cross-Default Provisions: Used when the borrower has other significant loan facilities

8. Currency Risk Provisions: Needed for loans involving multiple currencies or international parties

1. Repayment Schedule: Detailed amortization table showing payment dates and amounts

2. Security Documents: Forms of security agreements, guarantees, and other security instruments

3. Conditions Precedent Documents: List of required documents and conditions to be satisfied before loan advance

4. Permitted Liens: List of existing or permitted security interests on the borrower's assets

5. Financial Covenants Calculation: Formulas and methods for calculating financial covenants

6. Borrowing Base Certificate: Form for calculating available credit under asset-based lending arrangements

7. Notice and Payment Instructions: Contact details and banking information for notices and payments

8. Corporate Information: Corporate structure, subsidiaries, and other relevant corporate details