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Inter Corporate Loan Agreement
"I need an Inter Corporate Loan Agreement under Belgian law for a €5 million secured loan between our parent company and its subsidiary, with the loan to be disbursed in March 2025 and repaid over 3 years, including parent company guarantee and share pledge as security."
1. Parties: Identification of the Lender and Borrower with full corporate details
2. Background: Context of the loan and relationship between the parties
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. The Facility: Core loan terms including amount, purpose, and availability
5. Interest: Interest rate, calculation method, and payment terms
6. Repayment: Repayment schedule, prepayment provisions, and payment mechanics
7. Representations and Warranties: Standard corporate and financial representations
8. Information Undertakings: Financial and corporate information to be provided by Borrower
9. General Undertakings: Borrower's obligations during loan term
10. Events of Default: Circumstances constituting default and consequences
11. Changes to Parties: Assignment and transfer provisions
12. Administration: Practical aspects of loan administration
13. Notices: Communication methods and contact details
14. Governing Law and Jurisdiction: Belgian law provisions and jurisdiction
1. Security: Required if loan is secured - details of security arrangements
2. Guarantee: Required if there are corporate guarantors
3. Tax Gross Up and Indemnities: Detailed tax provisions if cross-border elements exist
4. Increased Costs: Protection against regulatory changes affecting loan costs
5. Set-off: Rights of set-off if parties have multiple relationships
6. Multiple Borrowers: Additional provisions for multiple borrower structures
7. Subordination: Required if loan needs to be subordinated to other debt
8. Financial Covenants: If specific financial metrics need to be maintained
1. Conditions Precedent: List of required documents and conditions for loan drawdown
2. Form of Drawdown Request: Standard form for requesting loan disbursement
3. Repayment Schedule: Detailed amortization or repayment schedule
4. Form of Transfer Certificate: Standard form for transferring loan participation
5. Group Structure Chart: Corporate structure diagram for complex group situations
6. Security Documents: Forms of security documents if loan is secured
7. Calculation of Interest: Detailed interest calculation methodology
8. Required Notices: Templates for various notices under the agreement
Authors
Agreement
Availability Period
Belgian Banking Day
Borrower
Business Day
Change of Control
Commitment
Confidential Information
Default
Default Interest
Default Rate
Disruption Event
Drawdown Date
Drawdown Notice
Event of Default
Facility
Final Maturity Date
Finance Documents
Financial Indebtedness
Financial Year
Group
Guarantee
Holding Company
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Material Adverse Effect
Month
Outstanding Amount
Party
Permitted Security
Potential Event of Default
Principal Amount
Quotation Day
Reference Banks
Repayment Date
Repayment Schedule
Representatives
Security
Security Documents
Security Interest
Subsidiary
Tax
Tax Deduction
Transfer Certificate
Transfer Date
Unpaid Sum
VAT
Facility Terms
Purpose
Conditions Precedent
Drawdown
Interest
Interest Periods
Market Disruption
Repayment
Prepayment
Cancellation
Tax Gross-Up
Increased Costs
Representations
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Security
Guarantee
Set-Off
Payment Mechanics
Anti-Money Laundering
Costs and Expenses
Indemnities
Mitigation
Assignment and Transfer
Changes to Parties
Confidentiality
Data Protection
Notices
Calculations
Amendments
Severability
Counterparts
Governing Law
Enforcement
Jurisdiction
Financial Services
Manufacturing
Real Estate
Technology
Healthcare
Energy
Infrastructure
Retail
Telecommunications
Professional Services
Agriculture
Transportation
Construction
Mining
Hospitality
Legal
Finance
Treasury
Corporate Finance
Risk Management
Compliance
Credit Control
Corporate Secretariat
Business Development
Investment
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Financial Controller
Credit Manager
Risk Manager
Company Secretary
Corporate Finance Manager
Compliance Officer
Managing Director
Business Development Director
Investment Manager
Account Manager
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