Document background
This Rollover Loan Agreement is designed for use in the Belgian market where a lender provides a revolving credit facility to a corporate borrower with the option to roll over the loan at the end of each interest period. The agreement is particularly suitable for medium to long-term financing arrangements where flexibility in drawdown and repayment is required. It incorporates specific Belgian law requirements, including compliance with the Belgian Civil Code, financial services regulations, and consumer protection laws where applicable. The document includes provisions for interest calculation methods specific to Belgian practice, security creation and perfection requirements under Belgian law, and enforcement mechanisms recognized by Belgian courts. This type of agreement is commonly used for working capital financing, general corporate purposes, or specific project financing needs where periodic renewal of the facility is anticipated.
