Short Term Loan Agreement Template for Hong Kong

1. Parties: Identification of the lender and borrower with full legal names and addresses

2. Background: Brief context of the loan arrangement and relationship between the parties

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

4. The Loan: Details of the loan amount, purpose, and drawdown arrangements

5. Interest: Interest rate, calculation method, and payment frequency

6. Repayment: Terms of repayment including schedule, method, and prepayment provisions

7. Borrower's Representations and Warranties: Standard representations about borrower's capacity and authority to enter into the agreement

8. Borrower's Covenants: Ongoing obligations of the borrower during the loan term

9. Events of Default: Circumstances constituting default and consequences

10. Payments: Payment mechanics, business day conventions, and currency provisions

11. Notices: How formal communications between parties should be made

12. General Provisions: Standard boilerplate clauses including governing law, assignment, and amendments

1. Repayment Schedule: Detailed breakdown of repayment dates and amounts

2. Form of Drawdown Notice: Standard form for requesting loan disbursement

3. Conditions Precedent Documents: List of required documents to be provided before drawdown

4. Security Details: Details of any security or collateral if applicable

5. Form of Compliance Certificate: Standard form for confirming compliance with loan terms