The Tri Party Loan Agreement is a specialized financial document used when a loan arrangement requires the involvement of three distinct parties, typically in complex financing scenarios. This agreement type is particularly common in secured lending transactions where a security trustee or agent is required to hold and manage security on behalf of the lender(s). Governed by English and Welsh law, which is widely recognized for its commercial predictability and fairness, this agreement encompasses detailed provisions for loan disbursement, security arrangements, repayment terms, and the specific roles and responsibilities of each party. It's particularly useful in syndicated lending, project finance, and other sophisticated financial transactions requiring third-party administration or security holding.

1. Parties: Identification and details of all three parties to the agreement

2. Background: Context and purpose of the loan agreement

3. Definitions: Key terms used throughout the agreement

4. Loan Amount and Purpose: Specifics of the loan amount and its intended use

5. Interest and Repayment Terms: Interest rate, calculation method, and repayment schedule

6. Conditions Precedent: Conditions that must be met before loan disbursement

7. Representations and Warranties: Statements of fact and assurances from parties

8. Events of Default: Circumstances constituting default and consequences