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Official Loan Agreement Template for Netherlands

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Key Requirements PROMPT example:

Official Loan Agreement

"I need a Dutch law Official Loan Agreement for a €500,000 corporate loan to be drawn down by March 2025, with quarterly repayments over 5 years and an interest rate of EURIBOR plus 3%."

Document background
The Official Loan Agreement under Dutch law serves as the primary legal instrument for documenting and formalizing lending arrangements in the Netherlands. This document is essential when parties seek to establish a legally binding lending relationship, whether for corporate financing, asset acquisition, or other commercial purposes. The agreement must comply with the Dutch Civil Code (Burgerlijk Wetboek) and the Financial Supervision Act (Wet op het financieel toezicht), making it suitable for use by financial institutions, corporations, and private lenders. The Official Loan Agreement includes comprehensive provisions covering loan terms, security arrangements, representations and warranties, and enforcement mechanisms, all structured to ensure validity and enforceability under Dutch law. It is particularly relevant for transactions requiring formal documentation of debt obligations and can be adapted for various lending scenarios, from simple bilateral loans to complex syndicated facilities.
Suggested Sections

1. Parties: Identification of the lender and borrower with full legal names and addresses

2. Background: Context of the loan agreement and the parties' intention to enter into the lending arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. The Loan: Principal amount, purpose, and basic terms of the loan

5. Drawdown: Conditions and procedures for disbursement of the loan

6. Interest: Interest rate, calculation method, and payment terms

7. Repayment: Repayment schedule, methods, and terms

8. Representations and Warranties: Statements of fact and assurances given by the borrower

9. Covenants: Ongoing obligations of the borrower during the loan term

10. Events of Default: Circumstances that constitute default and their consequences

11. Taxes: Treatment of taxes and other governmental charges

12. Notices: Method and addresses for formal communications between parties

13. Assignment and Transfer: Rules regarding transfer of rights and obligations

14. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction

15. Execution: Signature blocks and execution requirements

Optional Sections

1. Security: Details of any collateral or security arrangements - include when loan is secured

2. Guarantees: Terms of any guarantees - include when there are third-party guarantors

3. Insurance: Required insurance coverage - include when specific insurance is required

4. Conditions Subsequent: Conditions to be fulfilled after drawdown - include for complex commercial loans

5. Information Undertakings: Specific reporting requirements - include for business loans

6. Financial Covenants: Financial maintenance requirements - include for corporate borrowers

7. Costs and Expenses: Allocation of transaction costs - include for larger commercial loans

8. Prepayment: Terms for early repayment - include when early repayment is permitted

9. Multiple Lenders: Syndication provisions - include for syndicated loans

Suggested Schedules

1. Repayment Schedule: Detailed amortization table showing payment dates and amounts

2. Conditions Precedent: List of documents and conditions required before drawdown

3. Form of Drawdown Notice: Template for borrower to request loan disbursement

4. Security Details: Detailed description of any security or collateral

5. Form of Compliance Certificate: Template for periodic compliance reporting

6. Permitted Security: List of security interests allowed to exist

7. Calculation of Interest: Detailed interest calculation methodology

8. Required Insurance: Specifications of required insurance coverage

9. Contact Details: List of authorized representatives and contact information

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions














































Clauses



































Relevant Industries

Banking & Financial Services

Corporate Finance

Real Estate

Manufacturing

Technology

Retail

Healthcare

Energy

Infrastructure

Agriculture

Transport & Logistics

Professional Services

Relevant Teams

Legal

Finance

Treasury

Credit Risk

Compliance

Corporate Banking

Documentation

Loan Administration

Risk Management

Commercial Banking

Corporate Finance

Business Development

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Legal Counsel

Corporate Lawyer

Loan Officer

Credit Manager

Risk Manager

Compliance Officer

Account Manager

Financial Controller

Corporate Secretary

Business Development Manager

Portfolio Manager

Transaction Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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