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Intra Group Loan Agreement
1. Parties: Identification of the lender and borrower entities, including registration numbers and addresses
2. Background: Context of the intra-group loan, relationship between the parties, and purpose of the loan
3. Definitions: Definitions of key terms used throughout the agreement
4. The Loan: Principal amount, currency, and basic terms of the loan
5. Interest: Interest rate, calculation method, payment dates, and default interest provisions
6. Drawdown: Conditions and procedures for drawing down the loan
7. Repayment: Terms and schedule for repayment of the loan
8. Prepayment: Conditions and procedures for early repayment
9. Representations and Warranties: Standard representations and warranties from both parties
10. Tax Provisions: Provisions regarding withholding tax, tax deductions, and transfer pricing compliance
11. Events of Default: Circumstances constituting default and consequences
12. Notices: Communication procedures between parties
13. Assignment: Restrictions on transfer or assignment of rights and obligations
14. Governing Law and Jurisdiction: Confirmation of Danish law governance and jurisdiction
15. Execution: Signature blocks and execution formalities
1. Security: Include if the loan is to be secured by any assets or guarantees
2. Subordination: Include if the loan needs to be subordinated to other group debt
3. Financial Covenants: Include if specific financial ratios or conditions need to be maintained
4. Information Undertakings: Include if specific reporting requirements are needed beyond standard group reporting
5. Tax Gross-Up: Include if there are specific provisions for tax gross-up between jurisdictions
6. Currency Provisions: Include if loan and payments are in different currencies requiring conversion provisions
7. Set-off Rights: Include if specific set-off rights need to be addressed
8. Costs and Expenses: Include if there are specific provisions about who bears transaction costs
1. Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Form of Drawdown Notice: Standard form for requesting drawdown of the loan
3. Interest Rate Calculation: Detailed methodology for calculating interest
4. Transfer Pricing Documentation: Documentation supporting the arm's length nature of the loan terms
5. Corporate Authorizations: Copies of relevant board resolutions and powers of attorney
6. Group Structure Chart: Diagram showing relationship between the parties within the group
7. Existing Indebtedness: Details of other relevant group loans or financial obligations
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