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Amendment To Loan Agreement
I need an Amendment to Loan Agreement under Danish law to extend our existing €5 million corporate loan maturity date to March 15, 2025, and adjust the interest rate from CIBOR + 2.5% to CIBOR + 3%, with all other terms remaining unchanged.
1. Parties: Identification of all parties to the original loan agreement and amendment, including their full legal names, registration numbers, and addresses
2. Background: Reference to the original loan agreement (including date and parties), reason for amendment, and confirmation that parties wish to amend the original agreement
3. Definitions: Definitions of terms used in the amendment, including reference to definitions in the original agreement that remain applicable
4. Amendments: Detailed specification of each amendment to the original agreement, clearly identifying the sections being modified and the new text
5. Effective Date: Specification of when the amendments take effect
6. Confirmation of Other Terms: Confirmation that all other terms of the original agreement remain in full force and effect
7. Governing Law and Jurisdiction: Confirmation that Danish law continues to govern the agreement and any dispute resolution provisions
8. Execution: Signature blocks for all parties, including date and place of signing
1. Conditions Precedent: Required when amendments are subject to certain conditions being met before becoming effective
2. Representations and Warranties: Include when parties need to make new or confirm existing representations due to the nature of the amendments
3. Fees and Expenses: Include when the amendment process involves additional fees or cost allocations
4. Security Confirmation: Required when the original agreement includes security arrangements that need to be confirmed as extending to the amended terms
5. Consent and Waivers: Include when third-party consents are required or certain requirements are being waived
6. Tax Provisions: Include when amendments have tax implications that need to be addressed
1. Amended Loan Terms Schedule: Detailed outline of modified loan terms, including any changes to principal, interest rates, or payment schedules
2. Amended Security Documents: If applicable, modifications to any security arrangements or collateral documentation
3. Conditions Precedent Checklist: List of conditions that must be satisfied before the amendment becomes effective
4. Form of Notices: Templates for any notices required under the amended agreement
5. Confirmation Certificates: Forms for any required certificates or confirmations from parties or third parties
6. Payment Schedule: Updated amortization or payment schedule reflecting the amendments
Authors
Amendment Date
Amendment Effective Date
Original Agreement
Original Loan Agreement
Existing Loan Agreement
Parties
Lender
Borrower
Guarantor
Security Provider
Facility
Amended Facility
Interest Rate
CIBOR
Business Day
Danish Business Day
Event of Default
Material Adverse Effect
Security Documents
Security Interest
Amended Repayment Schedule
Amended Interest Period
Outstanding Amount
Principal
Loan Amount
Amendment Fee
Conditions Precedent
Effective Time
Financial Statements
Group
Subsidiary
Permitted Security
Relevant Jurisdiction
Original Obligors
Additional Obligors
Facility Office
Interest Payment Date
Margin
Reference Banks
Security Agent
Facility Agent
Finance Documents
Amendment Documents
Existing Security
Additional Security
Confirmation Documents
Relevant Period
Amended Terms
Restatement Date
Amended Facility Agreement
Finance Parties
Required Lenders
Majority Lenders
Default Rate
Screen Rate
Quotation Day
Danish Bankruptcy Act
Enforcement Event
Amendments
Conditions Precedent
Representations and Warranties
Payment Obligations
Interest
Security
Fees and Expenses
Tax Gross-up
Representations
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Changes to Parties
Administration
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Amendments and Waivers
Counterparts
Governing Law
Enforcement
Jurisdiction
Process Agent
Continuation of Original Agreement
Security Confirmation
Consent and Release
Further Assurance
Banking and Financial Services
Real Estate
Manufacturing
Retail
Technology
Construction
Energy
Infrastructure
Healthcare
Agriculture
Shipping
Professional Services
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Banking
Loan Administration
Documentation
Risk Management
Corporate Finance
Operations
Legal Counsel
Finance Manager
Chief Financial Officer
Treasury Manager
Loan Officer
Relationship Manager
Credit Risk Manager
Corporate Banking Manager
Compliance Officer
Contract Administrator
Financial Controller
Legal Director
Banking Executive
Risk Manager
Document Manager
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