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1. Parties: Identifies all parties including the existing lender(s), borrower(s), security providers, and the acceding party
2. Background: Recitals explaining the existing loan agreement, reason for accession, and context of the deed
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles, including references to definitions in the original loan agreement
4. Accession: Core provisions detailing how the acceding party joins the loan agreement and assumes rights and obligations
5. Assumption of Rights and Obligations: Specifies which rights and obligations the acceding party is assuming under the original loan agreement
6. Representations and Warranties: Statements of fact and assurances from the acceding party regarding their capacity and authority
7. Conditions Precedent: Prerequisites that must be satisfied before the accession becomes effective
8. Confirmations: Existing parties' confirmation of the accession and continued validity of the loan agreement
9. Costs and Expenses: Allocation of costs related to the preparation and execution of the deed
10. Governing Law and Jurisdiction: Specifies Australian law as governing law and relevant jurisdiction for disputes
11. Execution: Formal execution blocks meeting requirements for a deed under Australian law
1. Security Confirmation: Required if there are existing security arrangements that need to be confirmed or modified
2. Additional Facility: Include if the accession involves an increase in facility amount or new facility
3. Tax Provisions: Detailed tax clauses required if there are specific tax implications or requirements
4. Agent Provisions: Required if there is a facility agent or security trustee involved
5. Guarantee Provisions: Include if the acceding party is also providing guarantees
6. Foreign Party Provisions: Required if any party is foreign or if cross-border elements exist
7. PPSA Provisions: Detailed Personal Property Securities Act provisions if security interests are involved
1. Original Loan Agreement: Copy or reference to the original loan agreement being acceded to
2. Accession Requirements: Detailed list of conditions precedent and required documents
3. Form of Accession Notice: Template notice to be given upon completion of accession requirements
4. Updated Facility Details: Schedule showing updated loan amounts, parties, and commitments
5. Required Modifications: Any specific modifications to the original loan agreement required for the accession
6. Contact Details: Contact information for all parties including the acceding party
7. Security Details: List of security documents and confirmation of security arrangements if applicable
Accession Date
Accession Notice
Additional Facility
Borrower
Business Day
Completion
Conditions Precedent
Deed
Effective Date
Existing Lender
Existing Loan Agreement
Facility
Facility Agent
Finance Documents
Financial Indebtedness
Governing Law
Guarantee
Guaranteed Money
Interest Period
Legal Opinion
Lender
Loan Agreement
Material Adverse Effect
New Lender
Original Borrower
Original Guarantor
Original Lender
Outstanding Amount
Party
PPSA
Receiver
Secured Money
Secured Party
Security
Security Interest
Security Provider
Security Trust
Security Trust Deed
Security Trustee
Stamp Duty
Subsidiary
Tax
Transaction Documents
Accession
Assumption of Rights
Assumption of Obligations
Representations and Warranties
Conditions Precedent
Security Confirmation
Guarantee Provisions
Further Assurance
Costs and Expenses
Stamp Duty
Tax
PPSA Provisions
Notices
Assignment
Amendment
Counterparts
Electronic Execution
Governing Law
Jurisdiction
Service of Process
Limitation of Liability
Confidentiality
Set-off
Agency Provisions
Severability
Time of the Essence
Entire Agreement
Waiver
Indemnity
Banking & Financial Services
Real Estate & Property
Infrastructure
Mining & Resources
Manufacturing
Retail
Healthcare
Technology
Agriculture
Construction
Energy
Transportation & Logistics
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Administration
Commercial Banking
Loan Operations
Transaction Management
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Commercial Banking Manager
Credit Manager
Loan Officer
Risk Manager
Compliance Officer
Company Secretary
Transaction Manager
Debt Finance Manager
Relationship Manager
Financial Controller
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