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Finance Contract
"I need a Finance Contract governed by Belgian law for a €5 million term loan from Bank ABC to my manufacturing company, with quarterly repayments over 5 years starting March 2025, including standard representations and warranties for a corporate borrower."
1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and registered addresses
2. Background: Context of the financing arrangement and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Facility Amount and Purpose: Details of the financing amount, currency, and permitted use of funds
5. Conditions Precedent: Conditions that must be satisfied before the facility becomes available
6. Drawdown Mechanics: Procedures and requirements for requesting and receiving funds
7. Interest and Fees: Interest calculation, payment dates, and applicable fees
8. Repayment Terms: Schedule and mechanics of repayment, including prepayment provisions
9. Representations and Warranties: Statements of fact and assurances given by the borrower
10. Covenants: Ongoing obligations of the borrower during the term of the facility
11. Events of Default: Circumstances that trigger default and lender's remedies
12. Notices: Communication procedures between parties
13. Data Protection: GDPR compliance provisions and data handling procedures
14. Governing Law and Jurisdiction: Confirmation of Belgian law governance and jurisdiction
1. Security: Required when the facility is secured by collateral or guarantees
2. Syndication Provisions: Include for syndicated facilities with multiple lenders
3. Tax Gross-Up and Indemnities: Required for cross-border transactions or when tax implications need specific attention
4. Market Disruption: Include for facilities with floating interest rates
5. Increased Costs: Include when regulatory changes might affect the lender's costs
6. Assignment and Transfer: Include when parties want to allow transfer of rights/obligations
7. Currency Provisions: Required for multi-currency facilities
8. Accordion Feature: Include when facility amount may be increased in the future
9. Green Loan Provisions: Include for environmentally sustainable financing
1. Schedule 1 - Conditions Precedent Documents: Detailed list of required documents and conditions
2. Schedule 2 - Form of Drawdown Request: Template for borrower to request funds
3. Schedule 3 - Repayment Schedule: Detailed amortization schedule if applicable
4. Schedule 4 - Form of Compliance Certificate: Template for periodic compliance reporting
5. Schedule 5 - Security Documents: List and copies of security documentation if applicable
6. Schedule 6 - Fee Schedule: Detailed breakdown of all applicable fees
7. Appendix A - Calculation of Interest: Detailed methodology for interest calculation
8. Appendix B - Know Your Customer Requirements: AML and customer due diligence requirements
9. Appendix C - Contact Details: List of authorized representatives and contact information
Authors
Additional Facility
Affiliate
Agreement
Applicable Law
Authorisation
Available Commitment
Available Facility
Banking Day
Belgian Civil Code
Borrower
Break Costs
Business Day
Calculation Period
Change of Control
Charged Property
Commitment
Compliance Certificate
Confidential Information
Default
Default Interest
Defaulting Lender
Disruption Event
Drawdown Date
Drawdown Request
EURIBOR
Event of Default
Facility
Facility Office
Fee Letter
Finance Documents
Finance Parties
Financial Indebtedness
Financial Statements
Group
Guarantee
Guarantor
Holding Company
Increased Costs
Interest Payment Date
Interest Period
Legal Reservations
Lender
Loan
Margin
Material Adverse Effect
Month
Original Financial Statements
Original Jurisdiction
Outstanding Amount
Party
Permitted Security
Quotation Day
Reference Banks
Relevant Market
Repayment Date
Repeating Representations
Representative
Screen Rate
Security
Security Documents
Security Interest
Subsidiary
Tax
Total Commitments
Transfer Certificate
Unpaid Sum
Interest and Fees
Repayment
Prepayment
Conditions Precedent
Representations and Warranties
Information Covenants
Financial Covenants
General Undertakings
Events of Default
Security
Guarantee
Payment Mechanics
Set-off
Tax Gross-up and Indemnities
Increased Costs
Costs and Expenses
Assignment and Transfer
Amendments and Waivers
Confidentiality
Data Protection
Anti-Money Laundering
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Counterparts
Governing Law
Enforcement
Jurisdiction
Service of Process
Banking
Financial Services
Corporate Finance
Real Estate
Manufacturing
Technology
Energy
Infrastructure
Healthcare
Retail
Agriculture
Transportation
Construction
Telecommunications
Legal
Finance
Treasury
Compliance
Risk Management
Credit
Corporate Affairs
Business Development
Operations
Administrative
Investment
Documentation
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Compliance Officer
Risk Manager
Credit Manager
Investment Officer
Banking Relationship Manager
Financial Controller
Corporate Secretary
Managing Director
Business Development Manager
Account Manager
Transaction Manager
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