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Business Loan Agreement
"I need a Business Loan Agreement under Swiss law for a CHF 2 million loan from Credit Bank AG to my manufacturing company, with quarterly repayments over 5 years starting March 2025, including standard security provisions for equipment collateral."
1. Parties: Identification of the lender and borrower, including full legal names, addresses, and registration details
2. Background: Context of the loan agreement, including the purpose of the loan and any relevant business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the loan amount, currency, and permitted use of funds
5. Interest Rate and Calculation: Details of the interest rate, calculation method, and payment periods
6. Drawdown: Conditions and procedures for accessing the loan funds
7. Repayment Terms: Schedule and methods of repayment, including principal and interest payments
8. Security and Collateral: Details of any assets or guarantees securing the loan
9. Representations and Warranties: Statements of fact and assurances given by the borrower
10. Covenants: Ongoing obligations of the borrower during the loan term
11. Events of Default: Circumstances that constitute default and their consequences
12. Fees and Costs: All fees, charges, and costs associated with the loan
13. Governing Law and Jurisdiction: Confirmation of Swiss law governance and jurisdiction for disputes
14. Notices: Methods and addresses for formal communications between parties
15. Execution: Signature blocks and execution requirements
1. Syndication Provisions: Required when multiple lenders are involved or if the loan may be syndicated in the future
2. Currency Conversion: Needed for loans involving multiple currencies or foreign exchange considerations
3. Insurance Requirements: Detailed when specific insurance coverage is required for the borrower or collateral
4. Parent Company Guarantee: Include when a parent company guarantee is part of the security structure
5. Subordination Provisions: Required when the loan needs to be subordinated to other debt
6. Tax Provisions: Detailed tax clauses needed for cross-border loans or specific tax implications
7. Change of Control: Include when restrictions on ownership changes are required
8. Assignment and Transfer: Detailed provisions for when either party may want to transfer their rights or obligations
1. Repayment Schedule: Detailed amortization table showing payment dates and amounts
2. Conditions Precedent: List of conditions that must be satisfied before drawdown
3. Form of Drawdown Request: Template for the borrower to request loan disbursements
4. Security Documents: List and copies of all security documentation
5. Financial Covenants: Detailed financial ratios and calculations the borrower must maintain
6. Permitted Security Interests: List of existing or permitted security interests on borrower's assets
7. Form of Compliance Certificate: Template for periodic compliance reporting
8. Fee Schedule: Detailed breakdown of all applicable fees and charges
Authors
Banking and Financial Services
Manufacturing
Real Estate
Technology
Healthcare
Retail
Construction
Agriculture
Hospitality
Transportation and Logistics
Energy
Telecommunications
Professional Services
Industrial
Media and Entertainment
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Banking
Credit Analysis
Operations
Commercial Banking
Business Development
Corporate Secretariat
Executive Management
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Relationship Manager
Credit Officer
Risk Manager
Commercial Banking Manager
Business Development Manager
Financial Controller
Compliance Officer
Corporate Secretary
Banking Operations Manager
Credit Risk Analyst
Loan Officer
Managing Director
Chief Executive Officer
Chief Legal Officer
Financial Analyst
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