This Loan Agreement (“Agreement”) is made and entered into on agreement_date, by and between:
Borrower:
borrower_company_name, a company registered in borrower_registration_city, borrower_registration_country, whose office is located at borrower_address, borrower_office_city (borrower_postal_code), registered in the Trade Registry of the borrower_chamber under number borrower_registration_number, with bank account: borrower_bank_account (BIC: borrower_bic); herein represented by borrower_representative (borrower_representative_title), duly authorized to sign this Agreement on behalf of the company;
hereinafter referred to as “Borrower”.
This Agreement sets forth the terms and conditions under which the Lender agrees to loan a sum of money to the Borrower for the following purpose:
1.1 “Loan” means the principal sum of €loan_amount lent by the Lender to the Borrower under the terms of this Agreement.
1.2 “Interest” means the charge for the privilege of borrowing money, expressed as an annual percentage rate of interest_rate% per interest_rate_period.
1.3 “Maturity Date” means the date on which the Loan, together with any accrued Interest, is due for full repayment by the Borrower, as specified in Article 4.
1.4 “Default” means any failure by the Borrower to fulfil its obligations under this Agreement.
1.5 “Business Day” means any day that is not a Saturday, Sunday, or public holiday in the Netherlands.
1.6 “Event of Default” means the occurrence of any event specified in Article 6.1.
2.1 Loan Amount: The Lender agrees to provide the Borrower with a Loan in the principal sum of €loan_amount.
2.2 Purpose of the Loan: The Loan is provided solely for the purpose described in the Preamble.
2.3 Disbursement: The Loan shall be disbursed to the Borrower’s bank account within disbursement_days days of the Agreement date.
2.4 Repayment Terms: The Loan shall be repaid in full, including Interest, on or before the Maturity Date as specified in Article 4.
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