Document background
The Inter Corporate Loan Agreement is essential for documenting financial arrangements between corporate entities in Austria. It is typically used when one company provides financing to another, whether within the same corporate group or between unrelated entities. The agreement must comply with Austrian civil law (ABGB), commercial code (UGB), and banking regulations (BWG), particularly regarding interest rate calculations, security requirements, and corporate approvals. It should address stamp duty implications and include all mandatory provisions required under Austrian law. The document is crucial for establishing clear terms for the loan, protecting both parties' interests, and ensuring enforceability within the Austrian legal system.
