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Trust Loan Agreement
"Need a Trust Loan Agreement under Singapore law for a SGD 5 million loan from our family trust to a property development company, with quarterly interest payments and full repayment by March 2025, secured against commercial property."
1. Parties: Identifies the lender (trustee), borrower, and any other relevant parties
2. Background: Explains the context of the trust loan arrangement and relationship between parties
3. Definitions: Defines key terms used throughout the agreement
4. Loan Amount and Purpose: Specifies the loan amount and its intended use
5. Interest Rate and Calculations: Details the applicable interest rate and calculation method
6. Repayment Terms: Specifies repayment schedule, method, and conditions
7. Representations and Warranties: Standard declarations by parties regarding their capacity and authority
8. Events of Default: Lists circumstances constituting default and consequences
9. Governing Law and Jurisdiction: Specifies Singapore law as governing law and jurisdiction
1. Security: Details of any collateral or security arrangements (include when loan is secured)
2. Guarantees: Terms of any guarantees provided by third parties (include when guarantees are involved)
3. Trust Terms: Specific trust arrangements and conditions (include for complex trust structures)
4. Assignment: Rights and restrictions regarding assignment of the loan (include when assignment rights are relevant)
1. Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Security Details: Details of any security or collateral provided
3. Trust Deed Extract: Relevant excerpts from the trust deed
4. Form of Notice: Standard forms for notices between parties
Authors
Applicable Law
Availability Period
Beneficiaries
Business Day
Completion Date
Default
Default Interest
Default Rate
Drawdown
Drawdown Date
Drawdown Notice
Encumbrance
Event of Default
Facility
Final Repayment Date
Financial Indebtedness
Interest Payment Date
Interest Period
Interest Rate
Law
Lender
Loan
Loan Amount
Material Adverse Effect
Parties
Permitted Purpose
Principal Amount
Repayment Date
Repayment Schedule
Security
Security Documents
Singapore Dollar
SGD
Trust
Trust Deed
Trust Property
Trustee
Trust Powers
Utilization
Warranties
Interest and Interest Rate
Repayment Terms
Security
Conditions Precedent
Representations and Warranties
Trust Powers and Authority
Trust Property
Covenants
Events of Default
Remedies
Assignment and Transfer
Notices
Confidentiality
Trust Obligations
Fees and Expenses
Tax Provisions
Force Majeure
Amendments and Waivers
Severability
Counterparts
Further Assurance
Entire Agreement
Governing Law
Dispute Resolution
Indemnification
Set-off Rights
Records and Accounts
Compliance with Laws
Term and Termination
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