Document background
The Revolving Credit Facility Agreement under Danish law serves as the primary documentation for establishing flexible credit arrangements between financial institutions and corporate borrowers in Denmark. This agreement type is particularly useful for businesses requiring ongoing access to working capital or funding for general corporate purposes. The document establishes the framework for multiple drawdowns and repayments within an overall facility limit, typically incorporating Danish market practices and regulatory requirements. It includes comprehensive provisions addressing facility mechanics, conditions precedent, representations, covenants, and events of default, all structured to comply with Danish financial regulations and banking laws. The agreement is adaptable to various security structures and can accommodate both bilateral and syndicated lending arrangements, making it suitable for a wide range of financing needs while ensuring compliance with Danish legal requirements.
