Credit Purchase Agreement Template for Canada

1. Security Arrangements: Include when the credit facility is secured by specific assets or collateral

2. Guarantees: Include when there are third-party guarantors for the credit facility

3. Insurance Requirements: Include when specific insurance coverage is required for secured assets

4. Multiple Borrower Provisions: Include when there are multiple borrowers with joint and several liability

5. Currency Provisions: Include for cross-border transactions or multiple currency facilities

6. Set-off Rights: Include when the lender requires explicit right to set off against borrower's other accounts

7. Syndication Provisions: Include when the credit facility may be syndicated to other lenders

8. Environmental Representations: Include when environmental risks are relevant to the credit facility

1. Schedule A - Credit Terms: Detailed breakdown of credit amount, interest rates, fees, and payment schedule

2. Schedule B - Conditions Precedent: Detailed list of all conditions to be satisfied before drawdown

3. Schedule C - Security Documents: List and copies of all security documents and registrations

4. Schedule D - Drawdown Procedures: Detailed procedures for requesting and processing drawdowns

5. Schedule E - Permitted Liens: List of existing liens or encumbrances permitted under the agreement

6. Schedule F - Compliance Certificate: Form of compliance certificate for periodic reporting

7. Appendix 1 - Form of Drawdown Notice: Standard form for requesting drawdowns under the facility

8. Appendix 2 - Form of Assignment: Standard form for assigning rights under the agreement