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The Loan Facility Agreement is a fundamental financing document used when a lender provides credit facilities to a borrower under Danish law. It serves as the primary document governing the lending relationship, detailing all aspects of the facility including amount, purpose, availability period, interest rates, repayment terms, and conditions precedent to drawdown. This agreement is essential for corporate financing transactions in Denmark and must comply with Danish financial regulations and banking practices. The document becomes particularly important in structured finance transactions, corporate lending, and project finance, where detailed terms and conditions need to be clearly documented. The agreement must incorporate specific Danish legal requirements while following international banking practices, making it suitable for both domestic and cross-border transactions.

1. Parties: Identification of the lender(s), borrower(s), and any guarantors or security providers

2. Background: Context of the loan facility, purpose, and any relevant historical or commercial context

3. Definitions and Interpretation: Comprehensive definitions of terms used in the agreement and rules of interpretation

4. The Facility: Details of the loan facility, including amount, purpose, and any tranches or sub-facilities

5. Conditions Precedent: Conditions that must be satisfied before drawdown, including required documentation and evidence

6. Drawdown: Procedures and requirements for requesting and making drawdowns under the facility

7. Interest: Interest rate provisions, calculation methods, payment dates, and default interest

8. Repayment: Terms for repayment of the facility, including scheduled payments and final maturity

9. Prepayment: Provisions for voluntary and mandatory prepayment of the facility

10. Representations and Warranties: Statements of fact and assurances given by the borrower

11. Information Undertakings: Obligations to provide financial and other information to the lender

12. General Undertakings: Positive and negative covenants governing the borrower's activities

13. Financial Covenants: Financial ratios and tests that the borrower must maintain

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

15. Changes to Parties: Provisions regarding assignment, transfer, and succession

16. Administration: Practical provisions regarding payments, calculations, and notices

17. Governing Law and Jurisdiction: Choice of Danish law and jurisdiction provisions

18. Execution: Signature blocks and execution formalities