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The Credit Loan Agreement serves as the primary documentation for credit facilities in Belgium, establishing the legal relationship between credit institutions and borrowers. This document is essential when any party seeks to obtain credit financing under Belgian law, whether for business expansion, asset acquisition, or other financing needs. The agreement must comply with strict Belgian regulatory requirements, including the Belgian Code of Economic Law and financial services regulations, while incorporating necessary consumer protection measures. It details crucial elements such as credit terms, interest calculations, security arrangements, and regulatory disclosures, ensuring all parties' rights and obligations are clearly defined and enforceable under Belgian jurisdiction.

1. Parties: Identification of the lender and borrower(s), including full legal names, addresses, and registration details for legal entities

2. Background: Context of the loan agreement, purpose of the credit facility, and any relevant pre-contractual discussions

3. Definitions: Definitions of key terms used throughout the agreement, ensuring clarity and consistent interpretation

4. Loan Amount and Purpose: Specification of the credit amount, currency, and permitted use of the funds

5. Interest Rate and Calculations: Details of applicable interest rates (fixed or variable), calculation methods, and APR as required by Belgian law

6. Drawdown Conditions: Prerequisites and conditions for accessing the loan funds, including any documentary requirements

7. Repayment Terms: Schedule of repayments, payment methods, and prepayment provisions

8. Representations and Warranties: Statements of fact and assurances given by the borrower regarding their financial situation and capacity

9. Borrower Covenants: Ongoing obligations of the borrower during the term of the loan

10. Events of Default: Circumstances constituting default and their consequences

11. Security: Details of any collateral or guarantees securing the loan

12. Fees and Costs: All applicable fees, charges, and cost allocation between parties

13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction for disputes