Inter Corporate Loan Agreement Template for Belgium

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Key Requirements PROMPT example:

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."

Document background
The Inter Corporate Loan Agreement serves as a fundamental legal instrument for facilitating lending arrangements between corporate entities in Belgium. It is particularly useful when companies within the same group or separate corporate entities need to establish formal lending relationships while ensuring compliance with Belgian financial regulations and corporate law. The document incorporates essential provisions required under Belgian law, including those related to interest rate calculations, security arrangements, and corporate governance requirements. This agreement is typically used for medium to long-term corporate financing, group treasury operations, or strategic business investments, and includes comprehensive provisions for loan administration, monitoring, and enforcement. The template addresses specific Belgian legal requirements while maintaining flexibility to accommodate various corporate lending scenarios.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Manufacturing

Real Estate

Technology

Healthcare

Energy

Infrastructure

Retail

Telecommunications

Professional Services

Agriculture

Transportation

Construction

Mining

Hospitality

Relevant Teams

Legal

Finance

Treasury

Corporate Finance

Risk Management

Compliance

Credit Control

Corporate Secretariat

Business Development

Investment

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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