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1. Parties: Identifies and defines the finance provider and the borrower/customer
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms and establishes interpretation rules
4. Facility and Purpose: Details of the financing facility, limits, and permitted purposes
5. Security Interest: Creates and defines the security interest over the inventory
6. Conditions Precedent: Prerequisites that must be satisfied before the facility becomes available
7. Drawdown Mechanics: Procedures and requirements for accessing the facility
8. Interest and Fees: Specifies interest rates, calculation methods, and applicable fees
9. Repayment Terms: Details of how and when repayments must be made
10. Inventory Management: Requirements for maintaining, storing, and managing the financed inventory
11. Representations and Warranties: Standard assertions about the borrower's legal status and capacity
12. Covenants: Ongoing obligations of the borrower during the term of the facility
13. Events of Default: Circumstances that constitute default and consequences
14. Enforcement Rights: Lender's rights and remedies upon default
15. PPSA Provisions: Specific provisions required under the Personal Property Securities Act
16. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Guarantees: Required when third-party guarantees are part of the security structure
2. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required
3. Custody Arrangements: When a third-party custodian is involved in managing the inventory
4. Subsidiary Guarantor Provisions: When subsidiaries of the borrower are providing guarantees
5. Foreign Currency Provisions: When the facility involves multiple currencies
6. Intellectual Property Rights: When the inventory includes or relates to intellectual property
7. Environmental Compliance: When the inventory includes hazardous or regulated materials
8. Priority and Subordination: When there are multiple security interests or lenders involved
1. Facility Details: Specific terms of the facility including limits, interest rates, and fees
2. Secured Inventory: Detailed description and categorization of the inventory subject to the security interest
3. Storage Locations: List of approved locations where secured inventory may be stored
4. Approved Suppliers: List of suppliers from whom inventory may be purchased under the facility
5. Form of Drawdown Notice: Template for requesting advances under the facility
6. Reporting Requirements: Templates and specifications for required inventory and financial reports
7. Insurance Requirements: Detailed specifications of required insurance coverage
8. Security Documents: List and copies of additional security documents
9. Compliance Certificate: Template for periodic compliance certification
Approved Location
Approved Supplier
Available Facility
Business Day
Collateral
Commitment
Conditions Precedent
Default
Default Rate
Drawdown Date
Drawdown Notice
Eligible Inventory
Event of Default
Facility
Facility Limit
Finance Documents
Financial Indebtedness
Financial Year
Financing Statement
GAAP
Grantor
GST
Guarantee
Ineligible Inventory
Insurance Policy
Interest Payment Date
Interest Period
Interest Rate
Inventory
Inventory Report
Material Adverse Effect
Maturity Date
Minimum Stock Level
Outstanding Amount
Permitted Security Interest
PPSA
PPSR
Proceeds
Related Entity
Repayment Date
Secured Money
Secured Party
Security
Security Interest
Security Period
Security Provider
Stock Value
Storage Facility
Subsidiary
Tax
Term
Transaction Documents
Verification Statement
Security Interest
Grant of Security
Perfection
Registration
Priority
Conditions Precedent
Drawdown
Interest
Fees
Repayment
Prepayment
Inventory Management
Storage Requirements
Insurance
Representations and Warranties
Financial Covenants
Operational Covenants
Reporting Requirements
Record Keeping
Inspection Rights
Events of Default
Enforcement
Remedies
Set-off
Assignment
Confidentiality
Force Majeure
Notices
Amendments
Governing Law
Dispute Resolution
Indemnification
Limitation of Liability
Counterparts
Severability
Entire Agreement
Third Party Rights
GST
PPSA Provisions
Anti-Money Laundering
Retail
Manufacturing
Wholesale Distribution
Automotive
Electronics
Fashion and Apparel
Food and Beverage
Consumer Goods
Industrial Equipment
Pharmaceuticals
Agricultural Products
Construction Materials
Legal
Finance
Treasury
Operations
Supply Chain
Risk Management
Compliance
Credit
Procurement
Warehouse Operations
Chief Financial Officer
Finance Director
Treasury Manager
Commercial Director
Operations Manager
Inventory Manager
Credit Manager
Risk Manager
Legal Counsel
Compliance Officer
Financial Controller
Supply Chain Manager
Warehouse Manager
Procurement Manager
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