The Loan Account Agreement is a fundamental banking document used in Switzerland when establishing a credit facility with an associated operational account structure. This agreement is essential when a borrower requires ongoing access to credit facilities while maintaining operational banking services. The document combines elements of traditional loan documentation with account operation provisions, all compliant with Swiss banking regulations and the Swiss Code of Obligations. It is particularly relevant for business lending relationships where the borrower needs both credit facilities and transaction banking services. The agreement includes comprehensive provisions for account management, credit utilization, security arrangements, and regulatory compliance, making it suitable for various business financing needs while ensuring adherence to Swiss banking laws and regulations.

1. Parties: Identification of the lender (bank) and borrower with full legal names, addresses, and registration details

2. Background: Context of the loan account agreement and the relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Account Establishment: Terms for establishing and maintaining the loan account

5. Facility Amount and Purpose: Specification of the maximum loan amount and permitted purposes

6. Interest and Fees: Interest calculation method, rates, and applicable fees

7. Drawdown Provisions: Conditions and procedures for drawing down the loan

8. Repayment Terms: Schedule and methods of repayment, including minimum payments

9. Security: Details of any security or collateral required

10. Representations and Warranties: Standard declarations by the borrower about their legal and financial status

11. Covenants: Ongoing obligations of the borrower during the loan term

12. Events of Default: Circumstances constituting default and consequent rights of the bank

13. Bank's Rights and Remedies: Actions the bank can take in case of default or breach

14. Notices: Methods and requirements for formal communications between parties

15. Data Protection: Handling of personal data in compliance with Swiss law

16. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction