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Margin Loan Agreement
1. Parties: Identification of the lender and borrower, including registration numbers and addresses
2. Background: Context of the agreement and general purpose of the margin loan facility
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and interpretation rules
4. The Facility: Details of the loan facility, including amount, purpose, and availability
5. Conditions Precedent: Conditions that must be satisfied before the facility becomes available
6. Collateral Arrangements: Provisions regarding the pledging and maintenance of collateral securities
7. Margin Requirements: Specification of initial margin, maintenance margin requirements, and calculation methods
8. Margin Calls: Procedures for margin calls, timing, and requirements for meeting margin calls
9. Interest and Fees: Interest calculation, payment provisions, and applicable fees
10. Representations and Warranties: Standard and specific representations and warranties from the borrower
11. Covenants: Ongoing obligations of the borrower during the term of the facility
12. Events of Default: Circumstances constituting default and consequences thereof
13. Enforcement Rights: Lender's rights and procedures for enforcing security upon default
14. Payments and Calculations: Payment mechanics, calculation conventions, and currency provisions
15. Tax Provisions: Tax-related obligations and gross-up provisions
16. General Provisions: Standard boilerplate provisions including notices, amendments, and assignments
1. Multi-currency Provisions: Additional provisions for facilities offered in multiple currencies - include when the facility is multi-currency
2. Guarantee Provisions: Provisions relating to any guarantees of the borrower's obligations - include when there are guarantors
3. Additional Security Documents: References to additional security documentation - include when complex security arrangements exist
4. Portfolio Management: Provisions regarding active management of collateral portfolio - include for sophisticated clients
5. Client Classification: Specific provisions based on MiFID client classification - include for retail clients
6. Consumer Protection Provisions: Additional protective provisions - include when borrower is a consumer under Danish law
1. Schedule 1 - Facility Parameters: Detailed terms of the facility including amounts, interest rates, and fees
2. Schedule 2 - Eligible Collateral: List of acceptable collateral securities and their respective margin values
3. Schedule 3 - Margin Calculations: Detailed methodology for calculating margin requirements and valuation procedures
4. Schedule 4 - Form of Margin Call Notice: Standard form for margin call notifications
5. Schedule 5 - Contact Details: Contact information for notices and margin calls
6. Schedule 6 - Standing Settlement Instructions: Payment and settlement account details
7. Appendix A - Form of Compliance Certificate: Standard form for periodic compliance certification
8. Appendix B - Security Release Procedure: Procedures for releasing or substituting collateral securities
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