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The Undertaking Loan Agreement under Belgian law serves as a fundamental document for establishing legally binding lending arrangements between parties in Belgium. This document is typically used when a lender (usually a financial institution) agrees to provide financing to a borrower, whether for business expansion, asset acquisition, or other commercial purposes. The agreement must comply with Belgian civil law principles, financial regulations, and where applicable, EU directives. It includes essential provisions regarding loan amount, interest calculations (following Belgian interest rate regulations), repayment terms, security arrangements, and default provisions. The document's structure reflects Belgian legal requirements while incorporating international banking practices, making it suitable for both domestic and cross-border transactions. The Undertaking Loan Agreement is particularly important as it provides legal certainty and enforceability within the Belgian jurisdiction, while addressing specific local requirements such as language laws and formal execution requirements.

1. Parties: Identification of the Lender and Borrower with full legal details as required under Belgian law

2. Background: Context of the loan agreement and the parties' intentions

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including Belgian law-specific terminology

4. The Loan: Principal terms including amount, purpose, and drawdown conditions

5. Interest: Interest rate, calculation method, and payment terms in compliance with Belgian interest rate regulations

6. Repayment: Terms and schedule for repayment of the loan principal

7. Payment Mechanics: Details of payment methods, timing, and currency requirements

8. Representations and Warranties: Standard declarations by the Borrower about their legal and financial status

9. Information Undertakings: Borrower's obligations to provide financial and other information

10. General Undertakings: Borrower's general obligations during the loan term

11. Events of Default: Circumstances constituting default and consequences

12. Changes to Parties: Rules regarding assignment and transfer

13. Notices: Communication requirements and contact details

14. Calculations and Certificates: Rules for calculations and evidential value of certificates

15. Partial Invalidity: Severability provisions under Belgian law

16. Remedies and Waivers: Rights and remedies of the parties

17. Amendments and Waivers: Procedures for modifying the agreement

18. Governing Law and Enforcement: Confirmation of Belgian law governance and jurisdiction

19. Execution: Signature blocks and execution requirements under Belgian law