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International Loan Agreement
1. Parties: Identification of the lender(s) and borrower(s) with full legal names and registration details
2. Background: Context of the loan agreement and general purpose of the facility
3. Definitions and Interpretation: Definitions of key terms and interpretation rules used throughout the agreement
4. The Facility: Details of the loan amount, purpose, and availability period
5. Conditions Precedent: Conditions that must be satisfied before the loan can be drawn
6. Drawdown: Procedures and requirements for requesting and making loan disbursements
7. Interest: Interest rate, calculation methods, and payment periods
8. Repayment: Terms and schedule for repayment of the principal amount
9. Prepayment: Conditions and procedures for early repayment
10. Representations and Warranties: Statements of fact and assurances given by the borrower
11. Covenants: Positive and negative obligations of the borrower during the loan period
12. Events of Default: Circumstances that would constitute a default and their consequences
13. Changes to Parties: Rules regarding assignment and transfer of rights and obligations
14. Payments: Payment mechanics, currency, and treatment of non-business days
15. Notices: Communication methods and contact details for formal notices
16. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
17. Execution: Signature blocks and execution formalities
1. Security: Required if the loan is secured by collateral or guarantees
2. Syndication Provisions: Required for syndicated loans with multiple lenders
3. Tax Gross-up and Indemnities: Detailed tax provisions needed for cross-border transactions with specific tax implications
4. Increased Costs: Provisions dealing with regulatory changes affecting the lender's costs
5. Market Disruption: Provisions for dealing with disruption in the reference rate markets
6. Anti-corruption and Sanctions: Detailed compliance provisions for high-risk jurisdictions or regulated lenders
7. Green Loan Provisions: Required for environmentally-linked loans with specific green commitments
8. Multi-currency Provisions: Required if the loan can be drawn in multiple currencies
1. Schedule 1 - Conditions Precedent Documents: Detailed list of required documents and conditions to be satisfied
2. Schedule 2 - Form of Drawdown Request: Template for borrower to request loan disbursements
3. Schedule 3 - Repayment Schedule: Detailed amortization schedule if applicable
4. Schedule 4 - Form of Transfer Certificate: Template for transferring loan participations
5. Schedule 5 - Financial Covenants Calculations: Detailed methods for calculating financial covenants
6. Appendix A - Security Documents: Forms of security documents if applicable
7. Appendix B - Fee Letters: Separate fee arrangements between parties
8. Appendix C - Know Your Customer Requirements: List of required KYC documentation
Authors
Account Bank
Additional Lender
Affiliate
Applicable Margin
Availability Period
Available Commitment
Available Facility
Banking Day
Base Rate
Borrower
Break Costs
Business Day
Change of Control
Commitment
Compliance Certificate
Confidential Information
Default
Default Interest
Defaulting Lender
Disruption Event
Drawing
EBITDA
Event of Default
Facility
Facility Agent
Facility Office
Fee Letter
Finance Documents
Finance Parties
Financial Indebtedness
Financial Statements
Group
Guarantee
Guarantor
Holding Company
Increased Costs
Interest Payment Date
Interest Period
Lender
LIBOR/EURIBOR/CIBOR
Loan
Major Default
Margin
Material Adverse Effect
Obligor
Original Financial Statements
Participating Member State
Party
Permitted Security
Quotation Day
Reference Banks
Relevant Jurisdiction
Repayment Date
Repeating Representations
Representative
Screen Rate
Security
Security Agent
Security Documents
Security Interest
Subsidiary
Tax
Total Commitments
Transfer Certificate
Transfer Date
Unpaid Sum
Interest
Repayment
Prepayment
Security
Conditions Precedent
Representations and Warranties
Information Covenants
Financial Covenants
General Undertakings
Events of Default
Changes to Parties
Payment Mechanics
Set-off
Tax Gross-up
Increased Costs
Indemnities
Currency Provisions
Multi-currency
Market Disruption
Anti-corruption
Sanctions Compliance
Data Protection
Confidentiality
Agency Provisions
Notices
Calculations
Amendments and Waivers
Governing Law
Enforcement
Jurisdiction
Service of Process
Assignment and Transfer
Severability
Counterparts
Third Party Rights
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