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Business To Business Loan Agreement
1. Parties: Identification of the lender and borrower with full legal names, registration numbers, and addresses
2. Background: Context of the loan agreement, purpose of the loan, and any relevant pre-existing relationships
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. The Loan: Core terms including loan amount, purpose, and drawdown mechanics
5. Interest: Interest rate, calculation method, payment dates, and default interest provisions
6. Repayment: Repayment schedule, prepayment terms, and payment mechanics
7. Representations and Warranties: Standard declarations by the borrower about their legal status and ability to enter into the agreement
8. Conditions Precedent: Documents and conditions required before the loan can be drawn
9. Covenants: Ongoing obligations of the borrower during the loan term
10. Events of Default: Circumstances that would trigger default and acceleration of the loan
11. Fees and Expenses: All fees payable and allocation of costs
12. Notices: How formal communications between parties should be made
13. Assignment and Transfer: Rules regarding transfer of rights under the agreement
14. Governing Law and Jurisdiction: Confirmation of Danish law governance and jurisdiction for disputes
15. Counterparts and Execution: Execution formalities and validity of electronic signatures
1. Security: Required if the loan is secured - details of security arrangements and enforcement rights
2. Guarantees: Required if there are third-party guarantors - terms of guarantee and guarantor obligations
3. Insurance: Required if specific insurance coverage is mandatory - insurance requirements and consequences of non-compliance
4. Information Undertakings: Optional enhanced reporting requirements for more complex loans or higher-risk borrowers
5. Tax Gross-Up: Required if cross-border elements exist - provisions for tax implications and withholding requirements
6. Multi-Currency Provisions: Required if loan can be drawn in multiple currencies - exchange rate mechanisms and currency conversion terms
7. Subordination: Required if there are multiple lenders or existing debt - ranking of debt and payment priorities
1. Repayment Schedule: Detailed amortization table showing payment dates and amounts
2. Form of Drawdown Notice: Template for borrower to request loan disbursement
3. Conditions Precedent Documents: List of required documents and evidence needed before drawdown
4. Security Documents: Details of any security arrangements, including asset descriptions and registration requirements
5. Guarantee Agreement: If applicable, the full terms of any guarantees
6. Financial Covenants Calculations: Formulas and methods for calculating any financial covenants
7. Borrower Group Structure: Corporate structure chart showing borrower and any relevant subsidiaries or guarantors
8. Existing Indebtedness: Schedule of borrower's existing debt obligations
Authors
Additional Security
Affiliate
Agreement
Applicable Law
Availability Period
Banking Day
Borrower
Business Day
Change of Control
Charged Assets
Conditions Precedent
Confidential Information
Default
Default Interest
Default Rate
Drawdown
Drawdown Date
Drawdown Notice
Encumbrance
Event of Default
Facility
Finance Documents
Financial Indebtedness
Financial Statements
Group
Guarantee
Guarantor
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Material Adverse Effect
Maturity Date
Original Financial Statements
Parties
Permitted Security
Principal Amount
Repayment Date
Repayment Schedule
Security
Security Agent
Security Documents
Security Interest
Subsidiary
Tax
Transaction Documents
Transfer
Outstanding Amount
Utilization
VAT
Danish Business Day
Danish Kroner
Relevant Market
Reference Banks
Regulatory Requirement
Required Authorizations
Financial Covenants
Margin
Security Assets
Signing Date
Effective Date
Definitions
Loan Facility
Purpose
Drawdown
Interest
Repayment
Prepayment
Security
Representations and Warranties
Conditions Precedent
Conditions Subsequent
Covenants
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Acceleration
Changes to Parties
Payment Mechanics
Set-off
Notices
Calculations
Fees
Expenses
Indemnities
Currency
Set-Off
Assignment and Transfer
Confidentiality
Data Protection
Counterparts
Severability
Amendments
Waiver
Force Majeure
Entire Agreement
Third Party Rights
Service of Process
Governing Law
Jurisdiction
Dispute Resolution
Tax
Anti-Money Laundering
Sanctions Compliance
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