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Addendum Loan Agreement
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
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
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
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