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Addendum Loan Agreement
"I need an Addendum Loan Agreement under Swiss law to extend our existing corporate loan's maturity date to March 15, 2025, and adjust the interest rate from LIBOR to SARON plus 2%."
1. Parties: Identification of all parties to the original loan agreement, including their full legal names, addresses, and registration details if applicable
2. Background: Reference to the original loan agreement (including date and parties), reason for the addendum, and confirmation that parties wish to amend the original agreement
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement and any new terms introduced
4. Amendments: Detailed description of specific modifications to the original agreement, clearly referencing the sections being amended
5. Effective Date: Specification of when the amendments take effect
6. Confirmation of Other Terms: Statement confirming that all other terms of the original agreement remain in full force and effect
7. Governing Law and Jurisdiction: Confirmation that Swiss law continues to govern the agreement and jurisdiction for dispute resolution
8. Execution: Signature blocks for all parties and date of signing
1. Representations and Warranties: Additional confirmations by parties regarding their capacity and authority to enter into the addendum, used when significant changes are being made
2. Conditions Precedent: Any conditions that must be satisfied before the amendments become effective, included when amendments are contingent on specific events or actions
3. Security Confirmation: Confirmation that existing security remains in force, used when the original agreement includes security arrangements
4. Fees and Expenses: Details of any costs associated with the amendment, included when there are specific costs to be allocated
5. Tax Provisions: Additional tax-related provisions if the amendments have tax implications
6. Regulatory Compliance: Additional regulatory requirements, included when amendments trigger specific regulatory obligations
1. Schedule of Amendments: Detailed listing of all specific changes to the original agreement, particularly useful for complex modifications
2. Amended and Restated Provisions: Full text of provisions as they read after amendments, used for significant textual changes
3. Required Consents: Copies of any third-party consents required for the amendments
4. Updated Payment Schedule: Revised payment terms if the amendments affect the payment structure
5. Form of Notices: Templates for any notices required under the amended agreement
Authors
Amendment Date
Effective Date
Amended Agreement
Original Parties
Additional Parties
Amendment Fee
Existing Security
Modified Terms
Continuing Provisions
Outstanding Amount
Revised Interest Rate
Extended Maturity Date
Amended Repayment Schedule
Modified Covenants
Consent Requirements
Original Definitions
Business Day
Default
Event of Default
Interest Period
Facility
Security Documents
Confirmation Documents
Required Consents
Governing Law
Amendment Documents
Signing Date
Implementation Date
Relevant Jurisdiction
Definitions
Interpretation
Amendment
Interest Rate
Repayment Terms
Security
Representations and Warranties
Conditions Precedent
Effectiveness
Costs and Expenses
Notices
Governing Law
Jurisdiction
Original Agreement Status
Further Assurance
Severability
Entire Agreement
Counterparts
Assignment
Confirmation of Security
Regulatory Compliance
Tax Provisions
Default
Remedies
Waiver
Confidentiality
Force Majeure
Third Party Rights
Banking & Financial Services
Corporate Lending
Real Estate & Construction
Manufacturing & Industrial
Technology & Software
Healthcare & Life Sciences
Energy & Infrastructure
Retail & Consumer Goods
Agriculture & Food Production
Transportation & Logistics
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Administration
Business Development
Relationship Management
Operations
Chief Financial Officer
Treasury Manager
Finance Director
Legal Counsel
Corporate Lawyer
Relationship Manager
Credit Officer
Risk Manager
Compliance Officer
Corporate Secretary
Banking Executive
Loan Officer
Financial Controller
Business Development Manager
Account Manager
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