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The LOI Funding agreement is a crucial financing instrument in the Belgian legal framework, specifically designed to facilitate business funding while ensuring compliance with Belgian financial regulations. This document type is typically used when businesses seek financing from financial institutions under the Belgian Law of 21 December 2013 on SME Financing and related legislation. The agreement covers essential aspects including funding amount, purpose, disbursement conditions, repayment terms, security arrangements, and ongoing obligations of the parties. A LOI Funding agreement is particularly important as it incorporates specific Belgian legal requirements regarding financial services, disclosure obligations, and duties of care, while also considering European Union financial regulations applicable in Belgium. The document serves as a comprehensive framework for protecting both lender and borrower interests while ensuring regulatory compliance.

1. Parties: Identification of the funding provider and recipient, including full legal names, registration details, and addresses

2. Background: Context of the funding arrangement, purpose of the funding, and brief description of the parties' relationship

3. Definitions: Definitions of key terms used throughout the agreement, ensuring consistent interpretation

4. Amount and Purpose of Funding: Specific amount being provided and detailed description of its intended use

5. Disbursement Terms: Conditions precedent, timing, and mechanics of fund disbursement

6. Interest and Fees: Interest rate, calculation method, payment schedule, and any applicable fees

7. Repayment Terms: Schedule of repayments, prepayment provisions, and payment mechanics

8. Representations and Warranties: Standard declarations by the borrower about their legal status, authority, and financial condition

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

10. Events of Default: Circumstances constituting default and corresponding remedies

11. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction for disputes

12. Notices: Process and addresses for formal communications between parties

13. Signature Block: Execution section including date and authorized signatories