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Interim Loan Agreement
1. Parties: Identification of the lender(s) and borrower(s) with full legal names and registration details
2. Background: Context of the interim loan, including purpose and any related transactions
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. The Facility: Details of the loan amount, purpose, and availability period
5. Conditions Precedent: Conditions that must be satisfied before the loan can be drawn
6. Drawdown: Procedures and requirements for requesting and making loan disbursements
7. Interest: Interest rate, calculation method, and payment dates
8. Repayment: Terms for repayment including final maturity date and any interim payments
9. Prepayment: Conditions and procedures for early repayment
10. Representations and Warranties: Standard declarations made by the borrower about their status and capacity
11. Undertakings: Borrower's obligations during the loan period
12. Events of Default: Circumstances that would trigger default and lender's remedies
13. Fees and Expenses: Any fees payable and allocation of costs
14. Payments: Payment mechanics, currency, and timing
15. Notices: Communication procedures between parties
16. Governing Law and Jurisdiction: Confirmation of Danish law governance and jurisdiction
1. Security: Details of any security or guarantees - include if the loan is secured
2. Tax Gross Up and Indemnities: Include if tax implications need specific handling
3. Increased Costs: Include if lender needs protection against regulatory cost changes
4. Multiple Lenders: Include if there is more than one lender, covering voting rights and decision-making
5. Assignment and Transfer: Include if parties want to allow transfer of loan participations
6. Subordination: Include if the loan needs to be subordinated to other debt
7. Currency Provisions: Include for multi-currency facilities or if currency risk needs addressing
8. Break Costs: Include if early repayment might trigger additional costs
1. Conditions Precedent Documents: List of required documents and conditions to be satisfied before drawdown
2. Form of Drawdown Request: Template for borrower to request loan disbursement
3. Repayment Schedule: If applicable, detailed schedule of repayment dates and amounts
4. Form of Compliance Certificate: Template for periodic confirmation of compliance with loan terms
5. Security Documents: If secured, details of security arrangements and documentation
6. Existing Financial Indebtedness: List of borrower's existing debt obligations
7. Contact Details: Detailed contact information for all parties and their representatives
8. Financial Covenants Calculations: If applicable, methodology for calculating financial covenants
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