Project Finance Agreement Template for Germany

1. Parties: Identification of all parties to the agreement including lenders, borrowers, sponsors, and any guarantors

2. Background: Context of the project financing, including project description and purpose of the agreement

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and rules of interpretation

4. Facility and Purpose: Details of the credit facility, including amounts, tranches, and permitted uses of the funds

5. Conditions Precedent: Prerequisites that must be satisfied before drawdown of the facility

6. Drawdown Mechanics: Procedures and requirements for requesting and receiving loan disbursements

7. Repayment and Prepayment: Terms for scheduled repayments and voluntary/mandatory prepayment provisions

8. Interest and Fees: Interest calculation, payment periods, default interest, and all applicable fees

9. Security Structure: Overview of security package and ranking of security interests

10. Representations and Warranties: Standard and project-specific representations and warranties

11. Covenants: Positive, negative, and financial covenants applicable to the project and borrower

12. Events of Default: Circumstances constituting default and corresponding remedies

13. Changes to Parties: Rules regarding assignments, transfers, and syndication

14. Administration: Roles and responsibilities of facility agent and security trustee

15. Payment Mechanics: Technical aspects of making payments under the agreement

16. Notices: Communication procedures between parties

17. Governing Law and Jurisdiction: Choice of German law and jurisdiction provisions

1. Schedule 1 - Lenders and Commitments: List of lenders and their respective commitment amounts

2. Schedule 2 - Conditions Precedent Documents: Detailed list of required documentation

3. Schedule 3 - Form of Drawdown Request: Standard form for requesting loan disbursements

4. Schedule 4 - Project Budget: Detailed project costs and funding requirements

5. Schedule 5 - Construction Schedule: Timeline for project construction and completion milestones

6. Schedule 6 - Financial Model: Base case financial projections and assumptions

7. Schedule 7 - Security Documents: Forms of security agreements and guarantees

8. Schedule 8 - Insurance Requirements: Required insurance coverage details

9. Schedule 9 - Form of Transfer Certificate: Standard form for transfers between lenders

10. Schedule 10 - Technical Specifications: Detailed technical requirements for the project

11. Appendix A - Key Project Contracts: Copies or summaries of material project agreements

12. Appendix B - Permits and Licenses: List and copies of required governmental approvals

13. Appendix C - Property Documents: Real estate documentation and land rights

14. Appendix D - Environmental Reports: Environmental impact assessments and compliance reports