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The Term Loan Credit Agreement is a fundamental financing document used when a borrower requires a fixed-term loan facility from one or more lenders. This agreement, governed by Danish law, establishes the complete framework for the lending relationship, including detailed provisions on loan disbursement, repayment terms, security arrangements, and the parties' respective rights and obligations. It incorporates requirements from Danish financial regulations, particularly the Danish Credit Agreements Act and Financial Business Act, while following international lending practices. The document is typically used for corporate financing, project financing, or asset acquisition, providing certainty and structure to significant financial transactions while ensuring compliance with Danish legal requirements and market standards.

1. Parties: Identification of lender(s) and borrower(s) with full legal names and registration details

2. Background: Context of the loan agreement and brief description of the transaction

3. Definitions and Interpretation: Detailed definitions of terms used in the agreement and rules of interpretation

4. The Facility: Core terms of the loan including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before drawdown

6. Drawdown: Procedures and requirements for utilization of the loan

7. Repayment: Terms of repayment including schedule, prepayment provisions, and mandatory prepayment events

8. Interest: Interest rate, calculation periods, and payment terms

9. Fees: All applicable fees including arrangement, commitment, and prepayment fees

10. Tax Gross Up and Indemnities: Provisions for tax-related payments and indemnifications

11. Increased Costs: Provisions dealing with changes in law or regulations affecting the lender's costs

12. Representations and Warranties: Borrower's statements of fact and assurances

13. Information Undertakings: Borrower's obligations to provide financial and other information

14. General Undertakings: Borrower's positive and negative covenants

15. Events of Default: Circumstances constituting default and consequences

16. Changes to Parties: Rules for assignments and transfers

17. Payment Mechanics: Technical provisions regarding payments

18. Set-off: Rights of set-off and counterclaim

19. Notices: Communication procedures between parties

20. Calculations and Certificates: Rules regarding calculations and evidence of amounts due

21. Partial Invalidity: Severability provisions

22. Remedies and Waivers: Rights and waivers provisions

23. Amendments and Waivers: Procedures for modifying the agreement

24. Governing Law: Danish law as governing law

25. Enforcement: Jurisdiction and dispute resolution provisions