Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Non Recourse Loan Agreement
1. Parties: Identification of the lender and borrower with full legal names and registration details
2. Background: Context of the loan agreement, purpose, and basic transaction structure
3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including Danish law-specific terminology
4. The Loan and Purpose: Loan amount, purpose, and confirmation of non-recourse nature
5. Conditions Precedent: Prerequisites for loan disbursement including documentation requirements
6. Drawdown: Procedures and requirements for drawing down the loan
7. Interest and Fees: Interest calculation, payment dates, and applicable fees
8. Repayment: Repayment schedule, methods, and prepayment provisions
9. Security and Collateral: Details of assets securing the loan and registration requirements
10. Non-Recourse Provisions: Explicit limitations on recourse and exceptions if any
11. Representations and Warranties: Standard and specific representations regarding borrower and collateral
12. Covenants: Ongoing obligations regarding collateral maintenance and reporting
13. Events of Default: Default triggers and consequences, limited to collateral enforcement
14. Enforcement and Remedies: Procedures for enforcing against collateral under Danish law
15. Miscellaneous: Standard provisions including notices, amendments, and severability
16. Governing Law and Jurisdiction: Danish law as governing law and jurisdiction provisions
1. Tax Provisions: Required if specific tax arrangements or withholding tax applies
2. Insurance Requirements: Needed if specific insurance must be maintained on collateral
3. Hedging Obligations: Include if interest rate or currency hedging is required
4. Security Trustee Provisions: Required for syndicated loans with multiple lenders
5. Intercreditor Provisions: Needed if multiple creditors have claims on the collateral
6. Registration Requirements: Include if specific Danish registration requirements apply to the collateral
7. Consumer Protection Clauses: Required if borrower qualifies as a consumer under Danish law
1. Schedule 1 - Loan Terms: Detailed financial terms including loan amount, interest rates, and payment dates
2. Schedule 2 - Collateral Description: Detailed description and valuation of collateral assets
3. Schedule 3 - Conditions Precedent Documents: List of required documents and conditions
4. Schedule 4 - Drawdown Request Form: Standard form for requesting loan disbursements
5. Schedule 5 - Repayment Schedule: Detailed amortization or payment schedule
6. Schedule 6 - Form of Compliance Certificate: Template for periodic compliance reporting
7. Schedule 7 - Security Documents: Forms of security documents required under Danish law
8. Appendix A - Valuation Methodology: Agreed methodology for valuing collateral assets
9. Appendix B - Notice Requirements: Forms and procedures for various notices under the agreement
Authors
Agreement
Applicable Law
Approved Valuer
Asset Disposal
Authorisation
Available Facility
Banking Day
Borrower
Break Costs
Business Day
Calculation Date
Collateral
Collateral Value
Compliance Certificate
Conditions Precedent
Danish Business Day
Default
Default Interest
Default Notice
Drawdown Date
Drawdown Notice
Enforcement Event
Enforcement Notice
Event of Default
Facility
Fee Letter
Finance Documents
Financial Indebtedness
Financial Statements
Insurance Proceeds
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Loan Amount
LTV Ratio
Margin
Material Adverse Effect
Maturity Date
Non-Recourse Assets
Notice of Default
Obligor
Outstanding Amount
Permitted Disposal
Permitted Encumbrance
Potential Default
Prepayment Amount
Property
Qualified Valuer
Recourse Carve-outs
Repayment Date
Repayment Schedule
Security
Security Agent
Security Assets
Security Documents
Security Interest
Security Period
Security Trust Deed
Secured Obligations
Signing Date
Subsidiary
Tax
Transaction Documents
Utilisation
Utilisation Date
Valuation
Valuation Report
Definitions
Interpretation
Loan Facility
Purpose
Non-Recourse
Conditions Precedent
Drawdown
Interest
Fees
Repayment
Prepayment
Security
Collateral
Registration
Asset Maintenance
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Acceleration
Enforcement
Set-off
Payment Mechanics
Assignment and Transfer
Changes to Parties
Notices
Calculations
Partial Invalidity
Remedies and Waivers
Amendments
Counterparts
Confidentiality
Data Protection
Force Majeure
Governing Law
Jurisdiction
Process Agent
Language
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.