Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Revolving Line Of Credit Promissory Note
"I need a Revolving Line of Credit Promissory Note under Austrian law for a EUR 2 million facility to ABC Manufacturing GmbH, secured by business assets and personal guarantee, with quarterly interest payments and a maturity date of March 15, 2025."
1. Parties: Identification of the lender (credit institution) and borrower, including full legal names, registration details, and addresses
2. Background: Brief context of the credit facility and purpose of the promissory note
3. Definitions: Key terms used throughout the document, including 'Credit Limit', 'Interest Rate', 'Draw Period', and 'Repayment Terms'
4. Credit Facility Details: Specification of the credit limit, revolving nature of the facility, and availability period
5. Interest and Fees: Interest rate calculation method, payment frequency, and applicable fees
6. Drawdown Provisions: Procedures and conditions for requesting and receiving advances under the facility
7. Repayment Terms: Minimum payment requirements, payment schedule, and prepayment provisions
8. Representations and Warranties: Standard declarations by the borrower regarding their legal capacity and financial condition
9. Events of Default: Circumstances that trigger default and lender's remedies
10. Governing Law and Jurisdiction: Confirmation of Austrian law governance and jurisdiction for disputes
1. Security Arrangements: Required when the credit facility is secured by collateral or guarantees
2. Insurance Requirements: Included when specific insurance coverage is required for the borrower or collateral
3. Financial Covenants: Added for business borrowers when ongoing financial performance metrics need to be maintained
4. Change of Control Provisions: Included for corporate borrowers to address ownership changes
5. Cross-Default Provisions: Added when the borrower has other significant credit facilities
6. Consumer Protection Clauses: Required when the borrower is a consumer under Austrian law
7. Tax Provisions: Included when specific tax considerations need to be addressed
8. Assignment and Transfer: Added when transfer rights need to be specifically addressed
1. Schedule 1 - Drawdown Request Form: Standard form for requesting advances under the facility
2. Schedule 2 - Calculation of Interest: Detailed methodology for interest calculation and examples
3. Schedule 3 - Fee Schedule: Comprehensive list of all applicable fees and charges
4. Schedule 4 - Repayment Schedule: If applicable, amortization schedule or minimum payment calculations
5. Appendix A - Conditions Precedent: List of documents and conditions required before first drawdown
6. Appendix B - Security Details: If applicable, detailed description of security arrangements and collateral
7. Appendix C - Compliance Certificate: Template for periodic compliance certification if financial covenants are included
Authors
Availability Period
Banking Day
Borrower
Business Day
Change of Control
Commitment
Compliance Certificate
Credit Limit
Default
Default Interest
Draw Period
Drawdown
Drawdown Date
Drawdown Notice
Drawdown Request
Event of Default
Facility
Finance Documents
Financial Indebtedness
Financial Statements
Group
Guarantor
Interest Payment Date
Interest Period
Interest Rate
Lender
Material Adverse Effect
Maturity Date
Outstanding Amount
Permitted Security
Potential Default
Prepayment
Principal
Reference Rate
Relevant Margin
Repayment Date
Repayment Schedule
Security
Security Documents
Taxes
Term
Utilization
Drawdown Rights
Interest Calculation
Fees and Charges
Repayment Terms
Security
Representations and Warranties
Covenants
Events of Default
Remedies
Payment Mechanics
Tax Gross-up
Increased Costs
Set-off Rights
Assignment and Transfer
Notices
Amendments and Waivers
Severability
Entire Agreement
Force Majeure
Governing Law
Jurisdiction
Counterparts
Language
Data Protection
Anti-Money Laundering
Confidentiality
Bank Secrecy
Consumer Protection
Information Rights
Banking and Financial Services
Commercial Real Estate
Manufacturing
Retail
Wholesale Trade
Construction
Technology
Healthcare
Professional Services
Agriculture
Transportation and Logistics
Hospitality
Energy
Legal
Finance
Treasury
Credit Risk
Compliance
Banking Operations
Corporate Finance
Risk Management
Documentation
Account Management
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Banker
Relationship Manager
Credit Risk Officer
Legal Counsel
Compliance Officer
Financial Controller
Credit Analyst
Corporate Finance Manager
Banking Operations Manager
Senior Account Manager
Risk Management Officer
Document Management Specialist
Find the exact document you need
Original Promissory Note
An Austrian law-governed financial instrument containing an unconditional promise to pay a specific sum of money, structured according to Austrian legal requirements.
Bank Promissory Note
An Austrian-law governed Bank Promissory Note documenting a bank's formal promise to pay a specified sum to a designated payee under defined terms.
Simple Note Payable Agreement
An Austrian law-governed financial instrument documenting a promise to pay a specified sum of money under defined terms and conditions.
Senior Promissory Note
An Austrian law-governed debt instrument evidencing a senior payment obligation with specified payment terms and ranking provisions.
Generic Promissory Note
An Austrian law-governed promissory note documenting an unconditional promise to pay a specified sum of money, regulated under the Wechselgesetz.
Future Advance Promissory Note
An Austrian law-governed financial instrument combining a promissory note with future advance provisions, enabling flexible additional borrowing up to a predetermined limit.
Simple Promissory Letter
An Austrian law-governed promissory letter (Schuldschein) documenting a legally binding promise to pay a specified sum under defined terms.
Shareholder Loan Promissory Note
An Austrian law-governed debt instrument documenting a loan from a shareholder to their company, establishing key loan terms and conditions.
Individual Promissory Note
An Austrian law-governed promise to pay document that evidences a debt obligation between a maker and payee, incorporating essential payment terms and conditions.
Private Promissory Note
An Austrian law-governed debt instrument documenting a promise to pay a specific sum under defined terms and conditions.
Grid Promissory Note
An Austrian law-governed financial instrument combining a promissory note structure with grid service provisions, used for securing payments in energy infrastructure transactions.
Simple Promissory Note No Interest
An Austrian law-governed promissory note documenting an interest-free debt obligation between parties, including payment terms and conditions.
Unsecured Convertible Promissory Note
An Austrian law-governed Unsecured Convertible Promissory Note establishing terms for debt funding with potential equity conversion rights.
Guarantee Promissory Note
An Austrian law-governed financial instrument combining a guarantee and promissory note, providing an unconditional payment promise to secure third-party obligations.
Demand Note Payable
An Austrian law-governed financial instrument documenting an unconditional promise to pay a specified sum upon demand by the creditor.
Letter Of Credit Promissory Note
An Austrian law-governed financial instrument combining a bank letter of credit with a promissory note, used primarily in international trade financing.
Revolving Line Of Credit Promissory Note
An Austrian law-governed promissory note establishing a revolving credit facility with specific drawdown rights and repayment obligations.
Secured Loan Note
An Austrian law-governed secured loan instrument establishing lending terms and security arrangements, compliant with Austrian banking and security regulations.
Line Of Credit Promissory Note
An Austrian law-governed document combining a revolving credit facility with a promissory note structure, enabling flexible borrowing within a predetermined limit.
Discount Promissory Note
An Austrian law-governed negotiable debt instrument issued at a discount to face value, containing an unconditional promise to pay a specified sum at a future date.
Demand Promissory Note
An Austrian law-governed financial instrument containing an unconditional promise to pay a specified sum of money on demand.
Download our whitepaper on the future of AI in Legal
Genie’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; Genie’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 Trust Centre for more details and real-time security updates.
Read our Privacy Policy.