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Commercial Loan Broker Agreement
"I need a Commercial Loan Broker Agreement under Irish law for my fintech company acting as a broker, with exclusive rights to arrange commercial property loans and a success-based fee structure, including specific provisions for digital platform operations."
1. Parties: Identification of the broker and the client company, including registered addresses and company numbers
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Scope of Services: Detailed description of the broker's services, including loan sourcing, negotiation, and documentation assistance
5. Broker's Obligations: Key responsibilities including regulatory compliance, due diligence, and professional standards
6. Client's Obligations: Client's responsibilities including information provision, cooperation, and disclosure requirements
7. Regulatory Compliance: Compliance with Irish financial services regulations and authorization requirements
8. Fees and Commission: Fee structure, payment terms, and commission calculations
9. Confidentiality: Confidentiality obligations and permitted disclosures
10. Data Protection: GDPR compliance and data handling requirements
11. Term and Termination: Duration of agreement and termination provisions
12. Liability and Indemnification: Limitation of liability and mutual indemnification provisions
13. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Success Fee Structure: Detailed provisions for success-based compensation, used when fees are contingent on successful loan placement
2. Exclusivity: Terms of exclusive arrangement, included when broker has exclusive rights to represent the client
3. Multi-jurisdictional Services: Additional provisions for cross-border services, used when broker operates in multiple jurisdictions
4. Sub-broker Arrangements: Terms governing the use of sub-brokers, included when broker may delegate services
5. Professional Insurance: Specific insurance requirements, included for high-value transactions or regulatory requirements
6. Marketing and Branding: Terms for use of client's name and branding, included when broker markets client's requirement to lenders
1. Schedule 1 - Service Description: Detailed breakdown of specific services to be provided
2. Schedule 2 - Fee Schedule: Detailed fee structure, commission rates, and calculation methods
3. Schedule 3 - Required Documentation: List of documents and information client must provide
4. Schedule 4 - Regulatory Authorizations: Copies or details of broker's regulatory licenses and authorizations
5. Schedule 5 - Key Personnel: List of key personnel responsible for service delivery
6. Appendix A - Standard Terms: Standard terms and conditions referenced in the main agreement
7. Appendix B - Data Processing Terms: Detailed GDPR-compliant data processing terms
Authors
Financial Services
Banking
Commercial Real Estate
Manufacturing
Retail
Technology
Healthcare
Construction
Infrastructure
Professional Services
Agriculture
Hospitality
Legal
Finance
Treasury
Business Development
Compliance
Risk Management
Operations
Corporate Finance
Credit
Commercial
Chief Financial Officer
Finance Director
Treasury Manager
Commercial Director
Business Development Manager
Legal Counsel
Compliance Officer
Risk Manager
Financial Controller
Operations Director
Credit Manager
Corporate Finance Manager
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