Document background
The Generic Loan Agreement is designed for use in various lending scenarios under Danish law, from business-to-business financing to structured lending arrangements. This template incorporates mandatory requirements from Danish financial regulations while maintaining flexibility to adapt to specific lending needs. It includes provisions for loan amount, interest calculations (compliant with the Danish Interest Act), repayment schedules, security arrangements, and default scenarios. The agreement can be used for both secured and unsecured lending, and includes optional provisions for multiple lenders, different currencies, and various security structures. Regular updates ensure compliance with evolving Danish financial regulations and market practices.
