¶¶Òõ¶ÌÊÓÆµ

Addendum Loan Agreement Template for Denmark

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Addendum Loan Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Addendum Loan Agreement

Document background
The Addendum Loan Agreement is a crucial document used when parties need to modify an existing loan agreement without creating an entirely new contract under Danish law. It is commonly employed when circumstances require adjustments to financial terms, security arrangements, or other key provisions of the original loan agreement. This document type is particularly relevant in the Danish market where loan modifications must comply with specific financial regulations and the Danish Contracts Act (Aftaleloven). The addendum ensures legal continuity while incorporating necessary changes, making it essential for financial institutions and borrowers who need to adapt their lending arrangements to changing circumstances or requirements. It includes detailed references to the original agreement, specific modifications, and confirmations of unchanged terms, all within the framework of Danish legal requirements and market practice.
Suggested Sections

1. Parties: Identification of all parties to the original loan agreement, including their full legal names, registration numbers, and addresses

2. Background: Reference to the original loan agreement (date, parties), reason for the addendum, and confirmation that all other terms of the original agreement remain in force unless specifically modified

3. Definitions: Key terms used in the addendum, including reference to definitions from the original agreement that apply to the addendum

4. Amendments to Original Agreement: Specific modifications to the original agreement, clearly identifying sections being modified, deleted, or added

5. Effective Date: When the modifications take effect and any conditions precedent to effectiveness

6. Confirmation of Other Terms: Express confirmation that all other terms and conditions of the original agreement remain unchanged and in full force and effect

7. Governing Law and Jurisdiction: Confirmation that Danish law continues to govern, with specific reference to jurisdiction for disputes

8. Execution: Signature blocks for all parties, including date and place of signing

Optional Sections

1. Additional Security: Include when the addendum involves changes to security arrangements or additional collateral

2. Payment Terms Modification: Include when changing payment schedule, interest rates, or other financial terms

3. Representations and Warranties: Include when new representations are required due to material changes in circumstances or terms

4. Conditions Precedent: Include when the amendments are subject to specific conditions being met before becoming effective

5. Consent and Waiver: Include when third-party consents are required or certain rights are being waived

6. Fee Provisions: Include when the amendment involves new or modified fees

7. Notice Provisions: Include when changing communication methods or contact details

Suggested Schedules

1. Schedule of Amendments: Detailed listing of specific changes to clauses in the original agreement, with old and new text compared

2. Revised Payment Schedule: If payment terms are modified, detailed new amortization or payment schedule

3. Updated Security Documents: If security arrangements are modified, updated details of collateral or security arrangements

4. Consent Documents: Copies of any required third-party consents or waivers

5. Powers of Attorney: If applicable, documents confirming authority to execute the addendum

6. Conditions Precedent Checklist: List of conditions that must be satisfied before the addendum becomes effective

Authors

Relevant legal definitions

































Clauses


























Relevant Industries
Relevant Teams
Relevant Roles
Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Employment Contract Amendment

find out more

First Addendum To Agreement

find out more

Real Estate Addendum

find out more

Addendum To Deed Of Sale

find out more

Addendum To Consulting Agreement

find out more

Addendum Loan Agreement

find out more

Addendum To Service Agreement

find out more

Contract Extension Addendum

find out more

Lease Amendment

find out more

Addendum To Renew Lease Agreement

find out more

Addendum To Purchase Agreement

find out more

Addendum To Lease Agreement

find out more

Addendum To Employment Contract

find out more

Addendum To Agreement Of Sale

find out more

Addendum To Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.