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Loan Note Template
I need a Loan Note Template under Singapore law for a secured corporate loan of SGD 5 million with a 5-year term, including conversion rights and quarterly interest payments starting from March 2025.
1. Parties: Identifies the lender and borrower with full legal names and addresses
2. Background: Explains the context and purpose of the loan note
3. Definitions: Defines key terms used throughout the document
4. Principal Amount: Specifies the loan amount and currency
5. Interest: Details interest rate, calculation method, and payment frequency
6. Repayment Terms: Specifies repayment schedule and methods
7. Events of Default: Lists circumstances constituting default
8. Governing Law: Specifies Singapore law as governing law
1. Security: Details any collateral or security arrangements - used when loan is secured
2. Guarantees: Terms of any guarantees provided - used when third-party guarantees are involved
3. Conversion Rights: Terms for converting debt to equity - used for convertible loan notes
4. Transferability: Terms for transferring the note - used if note is transferable
1. Repayment Schedule: Detailed schedule of repayment dates and amounts
2. Form of Transfer: Standard form for transferring the note
3. Security Documents: Details of any security arrangements
4. Calculation of Interest: Detailed interest calculation methodology
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