Debt Financing Term Sheet Template for Germany

1. Parties: Identification of the lender(s), borrower(s), and any guarantors or other relevant parties

2. Background: Brief context of the financing arrangement and purpose of the facility

3. Definitions: Key terms used throughout the term sheet

4. Facility Details: Type, amount, and purpose of the facility

5. Interest and Fees: Interest rate, calculation basis, payment dates, and all applicable fees

6. Availability and Drawdown: Conditions for availability, drawdown mechanics, and utilization process

7. Repayment Terms: Repayment schedule, prepayment provisions, and mandatory prepayment events

8. Security Structure: Overview of required security package and guarantees

9. Key Covenants: Financial and general covenants applicable to the facility

10. Conditions Precedent: List of key conditions to be satisfied before drawdown

11. Events of Default: Summary of main events triggering default

12. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction

1. Repayment Schedule: Detailed amortization schedule if term loan structure

2. Security Assets Schedule: Detailed list of assets forming part of the security package

3. Financial Covenants Calculations: Detailed calculation methodology for financial covenants

4. Conditions Precedent Checklist: Comprehensive list of required documentation and conditions

5. Form of Drawdown Request: Template for utilization requests

6. Existing Indebtedness: Schedule of borrower's existing debt arrangements

7. Contact Details: Key contact information for all parties