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Loan Note Template
I need a Loan Note Template under Singapore law for a secured corporate loan of SGD 5 million with a 5-year term, including conversion rights and quarterly interest payments starting from March 2025.
1. Parties: Identifies the lender and borrower with full legal names and addresses
2. Background: Explains the context and purpose of the loan note
3. Definitions: Defines key terms used throughout the document
4. Principal Amount: Specifies the loan amount and currency
5. Interest: Details interest rate, calculation method, and payment frequency
6. Repayment Terms: Specifies repayment schedule and methods
7. Events of Default: Lists circumstances constituting default
8. Governing Law: Specifies Singapore law as governing law
1. Security: Details any collateral or security arrangements - used when loan is secured
2. Guarantees: Terms of any guarantees provided - used when third-party guarantees are involved
3. Conversion Rights: Terms for converting debt to equity - used for convertible loan notes
4. Transferability: Terms for transferring the note - used if note is transferable
1. Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Form of Transfer: Standard form for transferring the note
3. Security Documents: Details of any security arrangements
4. Calculation of Interest: Detailed interest calculation methodology
Authors
Agreement
Applicable Law
Borrower
Business Day
Completion Date
Default
Default Interest Rate
Default Notice
Event of Default
Final Repayment Date
Financial Indebtedness
Group
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Material Adverse Effect
Maturity Date
Note
Outstanding Amount
Party/Parties
Permitted Security Interest
Principal Amount
Repayment Date
Repayment Schedule
Security
Security Documents
Singapore Dollars/SGD
Subsidiary
Tax
Transaction Documents
Transfer
Working Day
Interest
Repayment
Prepayment
Security
Representations and Warranties
Covenants
Events of Default
Acceleration
Payment Mechanics
Set-off
Taxes
Change of Parties
Assignment and Transfer
Confidentiality
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Amendments and Waivers
Counterparts
Governing Law
Enforcement
Jurisdiction
Service of Process
Third Party Rights
Force Majeure
Costs and Expenses
Indemnities
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