Line Of Credit Agreement Template for Denmark

1. Guarantees: Required when there is a personal or corporate guarantee for the credit facility

2. Insurance Requirements: Included when specific insurance coverage is required for the credit facility

3. Change of Control: Relevant for corporate borrowers where ownership changes might affect the agreement

4. Assignment and Transfer: Include when either party needs the right to assign or transfer their rights

5. Syndication Rights: Required for larger facilities where the lender may want to syndicate the loan

6. Multiple Borrowers: Required when there are multiple entities borrowing under the same facility

7. Currency Provisions: Needed when the facility allows for multiple currencies

8. Tax Provisions: Detailed tax clauses required for complex corporate arrangements

1. Schedule 1 - Drawdown Notice Form: Template form for requesting drawdowns under the facility

2. Schedule 2 - Calculation of Interest and Fees: Detailed methodology for calculating interest and fees

3. Schedule 3 - Conditions Precedent: List of documents and conditions required before first drawdown

4. Schedule 4 - Security Documents: Forms and details of required security documents

5. Schedule 5 - Compliance Certificate: Template for periodic compliance certification

6. Appendix A - Authorized Signatories: List of persons authorized to request drawdowns

7. Appendix B - Bank Account Details: Details of accounts for disbursements and payments

8. Appendix C - Financial Covenants Calculations: Methodology for calculating financial covenants if applicable