Business Credit Agreement Template for Denmark

1. Accordion Facility: Optional section for when the facility includes the possibility of increasing the credit limit under specified conditions

2. Multiple Borrowers: Additional provisions when there are multiple borrowers or a group structure

3. Currency Provisions: Required when the facility involves multiple currencies

4. Syndication Provisions: Needed when the facility may be syndicated to multiple lenders

5. Subordination Terms: Required when there are multiple creditors with different priorities

6. Tax Gross-Up: Provisions for tax implications and withholding requirements

7. Market Disruption: Provisions dealing with significant market changes affecting interest rates

8. Force Majeure: Specific provisions for handling unforeseen circumstances

1. Schedule 1 - Conditions Precedent Documents: List of required documents and conditions to be satisfied before drawdown

2. Schedule 2 - Form of Drawdown Notice: Template for requesting utilization of the credit facility

3. Schedule 3 - Calculation of Interest: Detailed methodology for interest calculations and examples

4. Schedule 4 - Repayment Schedule: Detailed amortization or repayment schedule if applicable

5. Schedule 5 - Security Documents: List and copies of all security documents

6. Schedule 6 - Financial Covenants: Detailed financial ratios and calculations

7. Appendix A - Compliance Certificate: Template for periodic compliance certification

8. Appendix B - Fee Schedule: Detailed breakdown of all applicable fees