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Loss Share Agreement
"Need a Loss Share Agreement under Singapore law between our bank and a hedge fund partner to share potential losses on a USD 50M investment portfolio, with an 80:20 loss split and quarterly settlement periods starting from March 2025."
1. Parties: Identification and details of all contracting parties
2. Background: Context and purpose of the loss share arrangement
3. Definitions: Key terms and their meanings as used in the agreement
4. Loss Share Structure: Core mechanics of how losses will be shared between parties
5. Loss Calculation Methodology: Detailed explanation of how losses are calculated and verified
6. Payment Mechanics: Procedures and timing for loss share payments
7. Representations and Warranties: Standard assurances from each party
8. Term and Termination: Duration of agreement and termination provisions
1. Collateral Requirements: Security arrangements for loss share obligations, used when parties require additional security
2. Regulatory Compliance: Specific regulatory obligations applicable when regulated entities are involved
3. Third Party Rights: Rights of external parties to the agreement, included when third parties have enforcement rights
1. Loss Calculation Formula: Detailed mathematical formula for loss calculations
2. Form of Loss Notice: Template for notifying losses under the agreement
3. Payment Procedures: Detailed payment mechanics and account details
4. Eligible Asset Categories: List of assets covered by the loss share arrangement
Authors
Applicable Law
Business Day
Calculation Date
Claim Notice
Effective Date
Eligible Assets
Excluded Losses
Governmental Authority
Initial Loss
Loss
Loss Payment
Loss Share Amount
Loss Share Percentage
Loss Share Period
Loss Threshold
Maximum Loss Amount
MAS
Notice
Payment Date
Portfolio
Recovery Amount
Reference Assets
Regulatory Requirements
Related Party
Relevant Jurisdiction
Security
SGD
Singapore Business Day
Termination Date
Threshold Amount
Transaction Documents
USD
Loss Share Mechanism
Loss Calculation
Payment Obligations
Conditions Precedent
Representations and Warranties
Undertakings
Security
Collateral
Payment Mechanics
Netting
Set-off Rights
Notices
Confidentiality
Data Protection
Force Majeure
Default
Termination
Dispute Resolution
Governing Law
Assignment
Amendment
Severability
Counterparts
Third Party Rights
Costs and Expenses
Indemnification
Regulatory Compliance
Records and Audit Rights
Further Assurance
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