Vendor Finance Agreement Template for Germany

1. Parties: Identification of the vendor, purchaser, and any guarantors or additional parties

2. Background: Context of the transaction, including the underlying sale arrangement and financing purpose

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including German law-specific terminology

4. Facility Terms: Core financing terms including amount, purpose, and repayment structure

5. Conditions Precedent: Prerequisites for the financing to become effective, including documentation requirements

6. Drawdown Procedures: Process and requirements for accessing the financing

7. Interest and Fees: Interest calculation, payment dates, and applicable fees

8. Repayment Terms: Schedule and mechanisms for repayment of the financing

9. Security Arrangements: Details of collateral and security interests over financed assets

10. Representations and Warranties: Standard and transaction-specific declarations by the parties

11. Covenants: Ongoing obligations of the parties during the financing period

12. Events of Default: Circumstances constituting default and consequences

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

1. Payment Schedule: Detailed breakdown of payment obligations and dates

2. Asset Schedule: Description and details of financed assets

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

4. Security Documents: Forms of security agreements and related documentation

5. Conditions Precedent Documents: List of required documentation and evidence

6. Interest Calculation Examples: Illustrations of interest calculations and scenarios

7. Form of Compliance Certificate: Template for periodic compliance reporting

8. Insurance Requirements: Detailed insurance specifications and requirements