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1. Parties: Identifies and provides full details of the lender and borrower
2. Background: Explains the context of the loan and confirms the borrower's request for financial accommodation
3. Definitions: Defines key terms used throughout the agreement
4. Loan Amount and Purpose: Specifies the principal amount of the loan and its intended use
5. Interest Rate and Calculations: Details the interest rate, calculation method, and effective interest rate as required by Hong Kong law
6. Repayment Terms: Specifies the repayment schedule, payment methods, and consequences of early or late payment
7. Security and Collateral: Describes the collateral provided, including its valuation and maintenance requirements
8. Representations and Warranties: Contains statements of fact and assurances from the borrower
9. Borrower's Covenants: Lists ongoing obligations of the borrower during the loan term
10. Events of Default: Defines circumstances that constitute default and the lender's remedies
11. Enforcement Rights: Details the lender's rights regarding the collateral in case of default
12. Costs and Expenses: Allocates responsibility for fees, charges, and enforcement costs
13. Notices: Specifies how formal communications between parties should be made
14. General Provisions: Contains standard boilerplate clauses including governing law, entire agreement, and amendments
1. Guarantor Provisions: Required when a third party guarantor is providing additional security for the loan
2. Insurance Requirements: Needed when insurance of the collateral is required as part of the security arrangement
3. Multiple Borrowers: Required when there are joint borrowers, defining joint and several liability
4. Cross-Default: Include when the borrower has other loans with the lender or related entities
5. Additional Security Documents: Required when multiple forms of security are provided
6. Foreign Currency Provisions: Needed when the loan or repayments involve foreign currency
7. Assignment and Transfer: Include if the lender wants the right to assign or transfer the loan
8. Subordination: Required when the loan needs to be subordinated to other debts
1. Schedule 1 - Loan Details: Contains specific loan terms including amount, interest rate, and repayment schedule
2. Schedule 2 - Collateral Description: Detailed description and documentation of the collateral
3. Schedule 3 - Repayment Schedule: Detailed amortization table showing payment dates and amounts
4. Schedule 4 - Form of Drawdown Notice: Standard form for requesting disbursement of the loan
5. Schedule 5 - Security Documents: List and copies of additional security documents
6. Appendix A - Required Insurance: Details of required insurance coverage for the collateral
7. Appendix B - Fees and Charges: Comprehensive list of all applicable fees and charges
8. Appendix C - Signing Authorities: Documentation of authorized signatories and signing requirements
Additional Security
Applicable Law
Authorized Representative
Business Day
Collateral
Conditions Precedent
Default Interest Rate
Default Notice
Drawdown Date
Effective Date
Effective Interest Rate
Enforcement Event
Event of Default
Final Repayment Date
Financial Indebtedness
Hong Kong
Insurance Policy
Interest Payment Date
Interest Period
Interest Rate
Loan
Loan Amount
Material Adverse Change
Outstanding Balance
Payment Date
Permitted Security Interest
Principal
Repayment Schedule
Security
Security Documents
Security Interest
Security Period
Security Provider
Secured Obligations
Signing Date
Taxes
Term
Transaction Documents
Valuation Report
Loan Facility
Purpose
Interest
Repayment
Security
Collateral
Conditions Precedent
Representations and Warranties
Covenants
Events of Default
Enforcement
Set-off
Assignment
Insurance
Costs and Expenses
Notices
Data Protection
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Amendment
Waiver
Confidentiality
Further Assurance
Counterparts
Third Party Rights
Time of Essence
Registration
Indemnification
Acceleration
Cross Default
Banking
Financial Services
Consumer Finance
Credit Unions
Microfinance
Private Lending
Asset Management
Wealth Management
Real Estate Finance
Consumer Services
Legal
Compliance
Credit Risk
Collections
Operations
Personal Banking
Documentation
Underwriting
Portfolio Management
Client Relations
Risk Management
Security Administration
Credit Manager
Loan Officer
Legal Counsel
Compliance Officer
Risk Manager
Collection Manager
Relationship Manager
Credit Analyst
Documentation Specialist
Underwriter
Portfolio Manager
Security Registration Officer
Personal Banking Manager
Chief Lending Officer
Credit Risk Officer
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