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Share Loan Agreement
I need a Share Loan Agreement under Danish law for lending 50,000 listed shares in Novo Nordisk A/S to a major investment bank, with the loan period starting March 1, 2025, including specific provisions for dividend treatment and voting rights transfer.
1. Parties: Identification of the lender and borrower with full legal names and registration details
2. Background: Context of the share loan arrangement and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Loan of Shares: Core provisions regarding the lending of shares, including quantity, type, and ISIN
5. Term and Termination: Duration of the loan and termination provisions
6. Delivery and Settlement: Mechanics for transferring shares at the start and end of the loan
7. Payments and Fees: Loan fees, payment mechanics, and timing
8. Rights and Obligations: General rights and obligations of both parties
9. Representations and Warranties: Standard representations and warranties from both parties
10. Security Arrangements: Provisions regarding collateral and security
11. Events of Default: Definition of events of default and consequences
12. Tax Provisions: Treatment of taxes and tax-related obligations
13. Notices: Communication requirements and contact details
14. Governing Law and Jurisdiction: Confirmation of Danish law and jurisdiction
15. General Provisions: Standard boilerplate provisions including amendments, assignments, and severability
1. Voting Rights: Required when voting rights transfer needs to be addressed specifically
2. Dividend and Corporate Actions: Required when specific treatment of dividends and corporate actions needs to be detailed
3. Multiple Lenders: Required when there is more than one lender party
4. Additional Security: Required when additional forms of security beyond the basic collateral are provided
5. Market Disruption: Required for listed shares to address market disruption events
6. Regulatory Compliance: Required when specific regulatory requirements need detailed coverage
7. Substitution Rights: Required when the borrower has the right to substitute shares
8. Registration Rights: Required for unlisted shares where registration requirements need specific attention
1. Schedule 1 - Share Details: Detailed description of the shares including quantity, class, ISIN, and issuing company details
2. Schedule 2 - Form of Transfer: Standard form for share transfer documentation
3. Schedule 3 - Calculation of Fees: Methodology for calculating loan fees and other payments
4. Schedule 4 - Form of Notices: Standard forms for various notices under the agreement
5. Schedule 5 - Collateral Requirements: Detailed provisions regarding collateral calculations and maintenance
6. Schedule 6 - Contact Details: Detailed contact information for both parties
7. Appendix A - Corporate Authorizations: Copies of relevant corporate authorizations
8. Appendix B - Registration Requirements: Details of any registration requirements and procedures
Authors
Financial Services
Banking
Investment Management
Securities Trading
Asset Management
Corporate Finance
Private Equity
Wealth Management
Capital Markets
Professional Services
Legal
Compliance
Trading Operations
Risk Management
Corporate Finance
Treasury
Securities Operations
Investment Management
Financial Control
Corporate Secretariat
Legal Counsel
Securities Lending Manager
Trading Operations Manager
Compliance Officer
Risk Manager
Corporate Finance Director
Investment Manager
Treasury Manager
Portfolio Manager
Legal Director
Securities Operations Officer
Collateral Manager
Chief Financial Officer
Investment Director
Corporate Secretary
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