Loan Agreement Between Director And Company Template for Austria

1. Security: Details of any security or collateral provided for the loan, used when the loan is secured

2. Subordination: Provisions regarding the ranking of the loan in relation to other company debts, relevant when there are multiple creditors

3. Tax Provisions: Specific tax-related clauses, particularly relevant for large loans or when tax efficiency is a key consideration

4. Assignment and Transfer: Rules regarding the transfer of loan rights, important when transferability might be desired

5. Information Rights: Additional reporting requirements, relevant for larger loans or when specific monitoring is required

6. Costs and Expenses: Allocation of transaction costs and ongoing expenses, included when significant costs are anticipated

7. Insurance: Requirements for insurance of any secured assets, relevant when security is provided

1. Repayment Schedule: Detailed schedule of repayment dates and amounts

2. Corporate Authorizations: Copies of relevant board resolutions and corporate approvals

3. Form of Drawdown Notice: Template for requesting disbursement of the loan, if drawn in multiple tranches

4. Security Documents: Details of any security arrangements and related documentation

5. Calculation of Interest: Detailed methodology for interest calculations and examples

6. Conditions Precedent Documents: List of required documents and evidence to be provided before loan effectiveness