Document background
The Sub Loan Agreement is utilized in situations where a lender wishes to extend funds received under a primary loan to another borrower, commonly seen in syndicated lending, project finance, and corporate financing structures. This document type is particularly relevant in Hong Kong's financial center, where complex lending arrangements are common in both domestic and cross-border transactions. The agreement must comply with Hong Kong's regulatory framework, including the Money Lenders Ordinance, Banking Ordinance, and relevant financial regulations. The Sub Loan Agreement typically includes detailed provisions on loan terms, security arrangements, representations and warranties, covenants, and enforcement mechanisms. It's essential for structured finance transactions and often involves multiple parties including financial institutions, corporate entities, and security providers.
