Ƶ

Legally Binding Loan Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Legally Binding Loan Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Legally Binding Loan Agreement

I need a Legally Binding Loan Agreement under Danish law for a secured corporate loan of 5 million DKK to a manufacturing company, with quarterly repayments starting March 2025 and including specific financial covenants for maintaining working capital ratios.

What is a Legally Binding Loan Agreement?

This Legally Binding Loan Agreement template is designed for use in lending transactions under Danish law, suitable for both commercial and consumer lending scenarios. The document provides a comprehensive framework for documenting loan arrangements, incorporating essential elements required by Danish financial regulations and market practice. It addresses key aspects including loan terms, security arrangements, representations and warranties, covenants, and events of default. The agreement is structured to comply with Danish legislative requirements, including the Danish Contracts Act, Credit Agreements Act, and relevant financial regulations. It can be customized for various lending scenarios, from simple bilateral loans to more complex secured lending arrangements, while maintaining enforceability under Danish law.

What sections should be included in a Legally Binding Loan Agreement?

1. Parties: Identification of lender and borrower with full legal names, registration numbers/ID, and addresses

2. Background: Context of the loan agreement and purpose of the loan

3. Definitions: Defined terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the principal amount and permitted use of funds

5. Interest Rate and Calculations: Interest rate, calculation method, and payment periods

6. Repayment Terms: Schedule of repayments, payment methods, and prepayment provisions

7. Conditions Precedent: Conditions that must be satisfied before the loan is advanced

8. Representations and Warranties: Statements of fact and assurances from the borrower

9. Covenants: Ongoing obligations of the borrower during the loan term

10. Events of Default: Circumstances that trigger default and lender's remedies

11. Fees and Costs: All fees, charges, and cost allocation between parties

12. Notices: Communication requirements and contact details

13. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction

14. Execution: Signature blocks and execution requirements

What sections are optional to include in a Legally Binding Loan Agreement?

1. Security: Required if the loan is secured by collateral or guarantees

2. Insurance Requirements: Include if specific insurance coverage is required for the loan

3. Assignment and Transfer: Include if either party may transfer their rights or obligations

4. Tax Provisions: Required for cross-border loans or specific tax arrangements

5. Financial Covenants: Include for business loans with financial performance requirements

6. Co-borrower Provisions: Required if there are multiple borrowers

7. Guarantor Provisions: Include if there are third-party guarantors

8. Change of Control: Include for corporate borrowers to address ownership changes

What schedules should be included in a Legally Binding Loan Agreement?

1. Repayment Schedule: Detailed amortization table showing payment dates and amounts

2. Security Details: Description of any collateral or security arrangements

3. Conditions Precedent Documents: List of required documents and conditions to be satisfied

4. Fee Schedule: Detailed breakdown of all applicable fees and charges

5. Form of Drawdown Notice: Template for requesting loan disbursement

6. Form of Compliance Certificate: Template for periodic compliance reporting

7. Interest Rate Calculation Examples: Examples showing how interest is calculated

8. Required Insurance: Details of required insurance coverage and terms

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions










































Clauses
































Relevant Industries

Banking

Financial Services

Real Estate

Construction

Manufacturing

Retail

Professional Services

Technology

Healthcare

Agriculture

Energy

Transportation

Education

Relevant Teams

Legal

Finance

Compliance

Risk Management

Treasury

Credit Analysis

Corporate Banking

Retail Banking

Documentation

Due Diligence

Relevant Roles

Legal Counsel

Finance Manager

Credit Officer

Relationship Manager

Compliance Officer

Risk Manager

Chief Financial Officer

Treasury Manager

Loan Officer

Contract Administrator

Corporate Lawyer

Banking Manager

Financial Controller

Due Diligence Officer

Legal Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Legally Binding Loan Agreement

Danish law-governed loan agreement establishing terms and conditions for lending arrangements, compliant with Danish financial regulations.

find out more

Employer Loan To Employee Agreement

Danish law-governed agreement establishing terms for an employer-provided loan to an employee, including loan terms and employment-related provisions.

find out more

Term Loan Facility Agreement

A Danish law-governed agreement establishing terms and conditions for a fixed-term loan facility between lender and borrower.

find out more

Demand Loan

Danish law-governed Demand Loan agreement establishing terms for immediate repayment upon lender's request.

find out more

Litigation Financing Agreement

Danish law-governed agreement establishing terms for third-party funding of litigation, including funding commitments, returns, and control rights.

find out more

Subordinated Loan Agreement

Danish law-governed agreement establishing terms for a subordinated loan, including ranking, payment terms, and regulatory compliance requirements.

find out more

Interest Loan Agreement

A Danish law-governed agreement setting out terms for a loan facility, including interest calculations, payment terms, and repayment obligations.

find out more

Loan Participation Agreement

A Danish law agreement establishing the terms for a participant's economic interest in a loan, defining rights, obligations, and risk allocation between lender and participant.

find out more

Facility Agreement

A Danish law-governed agreement establishing terms and conditions for a loan or credit facility between lender and borrower, incorporating Danish and EU regulatory requirements.

find out more

Employee Cash Advance Agreement

A Danish law-compliant agreement governing the terms of a cash advance from employer to employee, including repayment through salary deductions.

find out more

Device Loan Agreement

A Danish law-governed agreement for the temporary loan of electronic devices, establishing terms, conditions, and responsibilities between lender and borrower.

find out more

Simple Equipment Borrowing Agreement

A Danish law agreement establishing terms for temporary equipment borrowing, covering usage rights, responsibilities, and return conditions.

find out more

Loan Guarantee Agreement

A Danish law-governed agreement where a guarantor commits to covering a debtor's loan obligations to a lender in case of default.

find out more

Loan Commitment Agreement

Danish law-governed agreement establishing a lender's commitment to provide financing under specified terms and conditions.

find out more

Lending Agreement

A Danish law-governed agreement establishing terms and conditions for a lending arrangement, including loan amount, interest rates, and repayment terms.

find out more

Home Loan Agreement

A Danish law-governed agreement establishing terms and conditions for a residential mortgage loan, including security arrangements and regulatory compliance requirements.

find out more

Finance Agreement

Danish law-governed agreement establishing terms and conditions for financial facilities between lenders and borrowers, including loan terms, security arrangements, and regulatory compliance requirements.

find out more

Family Promissory Note

A Danish law-governed formal debt instrument documenting loan terms between family members, ensuring legal compliance and protection of both parties' interests.

find out more

Car Payment Agreement

A Danish law-governed agreement establishing terms for vehicle purchase through installment payments, including payment schedule, interest rates, and security interests.

find out more

Business To Business Loan Agreement

A Danish law-governed agreement establishing terms for a business-to-business loan, including loan amount, interest, repayment terms, and security arrangements.

find out more

Promissory Note Between Family Members

A Danish law-governed promissory note documenting loan terms between family members, ensuring legal compliance and protecting both parties' interests.

find out more

Loan Contract With Collateral

Danish law-governed agreement establishing terms for a loan secured by collateral, including security arrangements and enforcement rights.

find out more

Hard Money Loan Contract

Danish law-governed loan agreement for asset-based lending, typically secured by real estate, with specific terms for security, interest, and enforcement.

find out more

Forgivable Loan Agreement

Danish law-governed agreement establishing terms for a loan that can be forgiven upon meeting specified conditions.

find out more

Revolving Credit Facility Agreement

A Danish law revolving credit facility agreement establishing a flexible borrowing arrangement with multiple draw-down options, compliant with Danish banking and financial regulations.

find out more

Share Mortgage Agreement

A Danish law security document creating a mortgage over shares, establishing the mortgagee's rights and security interest in compliance with Danish regulations.

find out more

Personal Loan Contract Between Friends

Danish-law compliant personal loan agreement template for monetary lending arrangements between friends, incorporating essential terms and legal requirements under Danish legislation.

find out more

Directors Loan Agreement

A Danish law-governed agreement establishing terms for a loan between a company and its director, ensuring compliance with Danish corporate and tax regulations.

find out more

Repayment Contract

A Danish law-governed agreement establishing debt repayment terms between creditor and debtor, including payment schedule, interest rates, and enforcement provisions.

find out more

Internal Loan Agreement

Danish law-governed agreement documenting loan arrangements between related corporate entities, including key financial terms and regulatory compliance provisions.

find out more

Loan Release Agreement

A Danish law-governed agreement that formally releases and discharges parties from their obligations under a loan agreement, including related security interests and guarantees.

find out more

Mortgage And Security Agreement

A Danish law-governed agreement creating a security interest in real property to secure a loan, requiring registration with the Danish Land Registry.

find out more

Informal Loan Agreement

A straightforward loan agreement under Danish law that documents basic lending terms between parties with an existing relationship, providing essential legal protection while maintaining informality.

find out more

Share Loan Agreement

A Danish law-governed agreement for the temporary transfer of shares between parties, including collateral arrangements and regulatory compliance requirements.

find out more

Loan Receipt Agreement

A Danish law-governed agreement documenting loan terms, conditions, and repayment obligations between lender and borrower.

find out more

Convertible Debt Agreement

A Danish law agreement establishing terms for debt that can convert to equity shares, combining debt and equity financing elements under Danish corporate law requirements.

find out more

Debt Forgiveness Agreement

A Danish law-governed agreement documenting the terms and conditions under which a creditor releases a debtor from their debt obligations.

find out more

Drawdown Loan Agreement

A Danish law-governed agreement establishing terms for a credit facility with multiple drawdown rights, including lending terms, repayment obligations, and security arrangements.

find out more

Unsecured Loan Agreement

A Danish law-governed agreement establishing terms for an unsecured loan, including loan amount, interest rates, and repayment terms.

find out more

Car Loan Contract

Danish law-governed car loan agreement establishing terms for vehicle financing, including loan details, security interests, and consumer protections.

find out more

Product Loan Agreement

Danish law-governed agreement for temporary product loans, establishing terms for product use, maintenance, and return conditions.

find out more

Margin Lending Agreement

Danish law-governed agreement establishing terms for lending against securities as collateral, including margin requirements and enforcement rights.

find out more

Family Loan Agreement

A Danish law-governed agreement documenting loan terms between family members, establishing repayment conditions and legal obligations while considering family dynamics.

find out more

Debt Agreement

A Danish law-governed agreement establishing the terms and conditions of a debt arrangement, including loan amount, interest, repayment terms, and security provisions.

find out more

Loan Extension Agreement

A Danish law agreement extending the term of an existing loan and modifying related terms between lender and borrower.

find out more

Employee Loan Agreement

Danish law-compliant agreement establishing terms and conditions for an employer-provided loan to an employee, including loan amount, interest, and repayment terms.

find out more

Convertible Loan Agreement

A Danish law agreement establishing terms for a loan that can be converted into company shares, commonly used in growth company financing.

find out more

Amended Loan Agreement

A Danish law-governed document that modifies an existing loan agreement's terms and conditions, ensuring legal compliance and enforceability in Denmark.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.