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Intra Group Loan Agreement
"I need an Intra Group Loan Agreement governed by Singapore law for a SGD 10 million loan from our holding company to our manufacturing subsidiary, with quarterly repayments starting March 2025 and a fixed interest rate of 3% per annum."
1. Parties: Identification of lender and borrower entities within the group
2. Background: Context of the loan and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of loan amount and intended use
5. Interest Rate: Interest rate terms and calculation methodology
6. Repayment Terms: Schedule and method of repayment
7. Events of Default: Circumstances constituting default and consequences
8. Representations and Warranties: Standard corporate confirmations from both parties
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for disputes
1. Security: Details of any security/collateral (include when loan is secured)
2. Subordination: Provisions regarding priority of debt (include when multiple group loans exist)
3. Tax Gross-up: Provisions for tax-related adjustments (include for cross-border loans)
4. Change of Control: Provisions dealing with changes in group structure (include if group restructuring is anticipated)
1. Schedule 1 - Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Schedule 2 - Form of Drawdown Notice: Template for requesting loan disbursement
3. Schedule 3 - Corporate Authorizations: Copies of relevant board resolutions and powers of attorney
4. Schedule 4 - Transfer Pricing Analysis: Documentation supporting arm's length interest rate
Authors
Agreement
Applicable Law
Available Facility
Banking Day
Borrower
Business Day
Closing Date
Default
Default Interest
Default Rate
Drawdown Date
Drawdown Notice
Event of Default
Facility
Final Repayment Date
Finance Documents
Financial Indebtedness
Group
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Material Adverse Effect
Parties
Principal Amount
Repayment Date
Repayment Schedule
Security
SGD
Singapore Dollars
Subsidiary
Tax
Transfer Pricing Requirements
Unpaid Sum
Loan Facility
Purpose
Conditions Precedent
Drawdown
Interest
Repayment
Prepayment
Tax Gross-up
Representations and Warranties
Information Undertakings
General Undertakings
Events of Default
Changes to Parties
Payment Mechanics
Set-off
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Amendments and Waivers
Counterparts
Confidentiality
Governing Law
Dispute Resolution
Process Agent
Transfer Pricing Compliance
Related Party Transaction Requirements
Corporate Authority
Financial Assistance
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