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Intra Group Loan Agreement
"I need an Intra Group Loan Agreement governed by Singapore law for a SGD 10 million loan from our holding company to our manufacturing subsidiary, with quarterly repayments starting March 2025 and a fixed interest rate of 3% per annum."
1. Parties: Identification of lender and borrower entities within the group
2. Background: Context of the loan and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of loan amount and intended use
5. Interest Rate: Interest rate terms and calculation methodology
6. Repayment Terms: Schedule and method of repayment
7. Events of Default: Circumstances constituting default and consequences
8. Representations and Warranties: Standard corporate confirmations from both parties
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for disputes
1. Security: Details of any security/collateral (include when loan is secured)
2. Subordination: Provisions regarding priority of debt (include when multiple group loans exist)
3. Tax Gross-up: Provisions for tax-related adjustments (include for cross-border loans)
4. Change of Control: Provisions dealing with changes in group structure (include if group restructuring is anticipated)
1. Schedule 1 - Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Schedule 2 - Form of Drawdown Notice: Template for requesting loan disbursement
3. Schedule 3 - Corporate Authorizations: Copies of relevant board resolutions and powers of attorney
4. Schedule 4 - Transfer Pricing Analysis: Documentation supporting arm's length interest rate
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