Borrowing Request (to Sharehlders' Loan Agreement)
A finance document from the Simplifi library, prepared by our team for common transactions between shareholders and companies.
How to use it in Simplifi
- 1Open the template in the platform and fill in the highlighted fields (or leave them to the recipient).
- 2Send the document for signing: each party receives a secure link by email.
- 3All parties sign with a qualified electronic signature (QES), legally equivalent to a handwritten one.
Full text of the template
Fieldsmart field – filled in when sendingBORROWING REQUEST
The undersigned, being a duly elected and acting authorized officer of , a Company Jurisdiction corporation (the “Borrower”), does hereby request that the Lender make a Loan, in the aggregate amount of EURLoan Amount In EUR on Loan Withdrawal Date, the proceeds of which shall be transferred pursuant to the following instructions:
Account Number: bank account
Bank Name: Bank
In support of this Borrowing Request, the Borrower hereby certifies to , a Company Jurisdiction corporation (the “Lender”), in connection with the SHAREHOLDER’S LOAN AGREEMENT, dated as of Shareholders' Loan Agreement Date, between the Borrower and the Lender (the “Loan Agreement”; with other capitalized terms used below having the meanings ascribed thereto in the Loan Agreement) that:
Each of the representations and warranties of the Borrower contained in the Loan Agreement and the Loan Documents are true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) as of the date the Loan is made (other than any such representations or warranties that, by their terms, refer to a date other than such dates in which case such representations and warranties were true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) on and as of such earlier date).
At the time of, and immediately after giving effect to, such Loan, no Event of Default or event or condition which upon notice, lapse of time, or both would constitute an Event of Default has occurred and is continuing.
BORROWER,
LENDER,
What each party fills in
Borrower
- Company Name*
- Adress*
- Fiscal Identification Number*
- Trade Registration Number*
- Representative Full Name*
- Representative Role*
- Company Jurisdiction*
- Bank*
- Bank Account*
- Grace Period Business Days*
- Representative E-mail*
Lender
- Shareholders' Loan Agreement Date*
- Company Name*
- Adress*
- Fiscal Identification Number*
- Trade Reg No*
- Representative Full Name*
- Representative Role*
- Loan Amount In EUR*
- Lender Ownership %*
- Minimum Loan Amount*
- Incremental Amount*
- Interest Rate Spread*
- Interest Period No Months*
- Company Jurisdiction*
- Loan Withdrawal Date*
- Representative E-mail*
Complete and sign it online
The template is included in your Simplifi account: personalise it, send it for signing and archive it with an audit trail, in minutes.
Informative model prepared for common situations. For specific cases, consult a lawyer or your legal adviser.