The Intercompany Revolving Loan Agreement is essential for Australian corporate groups managing internal funding arrangements. It is typically used when a parent company or group treasury entity provides flexible financing to subsidiaries or related entities, allowing for multiple drawdowns and repayments within an overall facility limit. The document ensures compliance with Australian corporate law requirements, particularly the Corporations Act 2001 (Cth), and addresses tax implications including transfer pricing considerations. This agreement is crucial for establishing clear terms for internal lending, including interest rates, repayment terms, and security arrangements if applicable, while maintaining the flexibility needed for group treasury operations. It's particularly relevant for corporate groups with multiple Australian entities or those with international operations requiring local Australian funding arrangements.

1. Parties: Identification of the lender and borrower entities, including their registered details and ACN/ABN

2. Background: Context of the loan arrangement, relationship between the parties, and purpose of the facility

3. Definitions: Key terms used throughout the agreement, including financial definitions like 'Interest Rate', 'Facility Limit', 'Business Day'

4. The Facility: Details of the revolving loan facility, including nature, purpose, and facility limit

5. Drawdown: Procedures and conditions for drawing down funds under the facility

6. Interest: Interest calculation method, rate, payment frequency, and default interest provisions

7. Repayment: Terms for repayment, including revolving nature of the facility, final repayment date

8. Representations and Warranties: Standard corporate representations and specific financial condition warranties

9. Events of Default: Circumstances constituting default and consequences

10. General Provisions: Standard boilerplate clauses including notices, amendments, governing law