Business Loan Contract Template for Hong Kong

1. Security: Details of any collateral or security arrangements, used when the loan is secured

2. Guarantee: Terms of any guarantee arrangements, included when there are guarantors

3. Insurance: Insurance requirements for secured assets or business operations, included for larger loans or when security is involved

4. Financial Covenants: Specific financial ratios and requirements, included for larger loans or when borrower's financial health needs monitoring

5. Information Undertakings: Detailed reporting requirements, used for complex or high-value loans

6. Tax Provisions: Detailed tax-related provisions, included when tax implications are significant

7. Multiple Drawdown Provisions: Terms for multiple loan disbursements, used for facility-type arrangements

8. Change of Circumstances: Provisions for market disruption or changes in law, included in longer-term or larger loans

1. Loan Details: Detailed breakdown of loan amount, interest rates, and payment schedule

2. Conditions Precedent Documents: List of required documents and conditions to be satisfied

3. Form of Drawdown Notice: Template for requesting loan disbursement

4. Repayment Schedule: Detailed amortization table or repayment terms

5. Security Details: Description and details of any security or collateral (if applicable)

6. Form of Compliance Certificate: Template for periodic compliance reporting

7. Fee Schedule: Detailed breakdown of all applicable fees and charges

8. Required Insurance: Specifications for required insurance coverage (if applicable)