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1. Parties: Identification of the finance provider and the dealer(s)
2. Background: Context of the agreement, including the dealer's business and purpose of the financing
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. The Facility: Details of the credit facility, including limit, purpose, and availability
5. Drawdown Conditions: Prerequisites and conditions for accessing the facility
6. Interest and Fees: Interest calculation, payment terms, and applicable fees
7. Security Interest: Creation and perfection of security interest in financed inventory
8. Representations and Warranties: Dealer's confirmations regarding business, authority, and compliance
9. Covenants: Ongoing obligations of the dealer regarding business operations and inventory
10. Inventory Management: Requirements for handling, storing, and selling financed inventory
11. Payment Terms: Payment obligations, schedules, and mechanisms
12. Events of Default: Circumstances constituting default and consequences
13. Enforcement Rights: Lender's rights and remedies upon default
14. Termination: Termination events and procedures
15. Miscellaneous: Standard legal provisions including notices, amendments, and governing law
1. Multi-Dealer Provisions: Additional provisions for agreements covering multiple dealers or locations
2. Cross-Border Provisions: Special requirements for international inventory movement or sales
3. Insurance Requirements: Detailed insurance obligations if not covered in covenants
4. Guarantees: Terms of any personal or corporate guarantees
5. Subordination Provisions: Required when there are multiple creditors or existing security interests
6. Data Protection: Specific GDPR compliance requirements if personal data is processed
7. Anti-Money Laundering: Detailed AML obligations beyond standard requirements
8. Electronic Commerce: Provisions for online inventory sales or electronic documentation
1. Facility Limits and Pricing: Detailed breakdown of credit limits, interest rates, and fee structure
2. Form of Drawdown Request: Template for requesting advances under the facility
3. Eligible Inventory Criteria: Specific requirements for inventory that can be financed
4. Reporting Requirements: Templates and timelines for required reports
5. Security Documentation: Forms of security notices and filings
6. Dealer Locations: List of authorized locations for storing financed inventory
7. Approved Manufacturers/Suppliers: List of approved sources of inventory
8. Compliance Certificates: Templates for periodic compliance certification
9. Insurance Requirements: Detailed insurance specifications and requirements
Advance Rate
Agreed Form
Approved Location
Approved Manufacturer
Approved Supplier
Available Facility
Banking Day
Borrowing Base
Calculation Date
Collateral
Commitment
Compliance Certificate
Credit Limit
Default
Default Interest
Default Rate
Drawdown
Drawdown Date
Drawdown Notice
Eligible Inventory
Enforcement Event
Event of Default
Facility
Facility Limit
Finance Documents
Financial Indebtedness
Financial Statements
Financing Period
Guarantor
Indebtedness
Insurance Policy
Interest Payment Date
Interest Period
Interest Rate
Inventory
Inventory Report
Margin
Material Adverse Effect
Permitted Disposal
Permitted Security Interest
Potential Default
Principal Amount
Repayment Date
Secured Obligations
Security
Security Documents
Security Interest
Security Period
Subsidiary
Tax
Total Loss
Transaction Security
Unpaid Sum
Utilization
VAT
Security Interest
Conditions Precedent
Representations and Warranties
Covenants
Events of Default
Interest and Fees
Payment Terms
Inventory Management
Reporting Requirements
Insurance
Inspection Rights
Assignment and Transfer
Confidentiality
Data Protection
Anti-Money Laundering
Force Majeure
Indemnification
Set-off Rights
Amendment and Waiver
Notices
Severability
Governing Law
Jurisdiction
Dispute Resolution
Entire Agreement
Term and Termination
Subordination
Cross-Default
Financial Covenants
Operational Covenants
Information Undertakings
Security Enforcement
Acceleration Rights
Compliance Requirements
Automotive
Agricultural Equipment
Construction Equipment
Recreational Vehicles
Marine Equipment
Industrial Machinery
Consumer Electronics
Home Appliances
Manufacturing
Wholesale Distribution
Retail
Legal
Finance
Treasury
Credit Risk
Operations
Compliance
Sales
Dealer Operations
Security Administration
Commercial
Account Management
Chief Financial Officer
Finance Director
Treasury Manager
Credit Manager
Commercial Director
Legal Counsel
Compliance Officer
Risk Manager
Operations Manager
Inventory Manager
Dealer Principal
Sales Director
Financial Controller
Banking Relationship Manager
Security Documentation Specialist
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