Document background
The Framework Loan Agreement is a fundamental document used in corporate lending transactions in Belgium, providing a master agreement structure under which multiple loans can be extended over time. It is particularly useful for ongoing lending relationships where borrowers require flexibility to draw funds periodically without negotiating new agreements for each loan. The document complies with Belgian banking regulations and civil code requirements, incorporating necessary provisions for financial institutions operating under Belgian law and EU regulations. This type of agreement typically includes comprehensive terms covering facility mechanics, conditions precedent, representations and warranties, covenants, and events of default, while allowing for multiple drawdowns within an overall committed amount.
