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1. Parties: Identification of the lender(s), borrower(s), and any guarantors or other parties
2. Background: Context of the bridge facility, including its purpose and relationship to any permanent financing
3. Definitions and Interpretation: Definitions of terms used in the agreement and interpretation provisions
4. The Facility: Details of the bridge facility, including amount, purpose, and availability period
5. Conditions Precedent: Conditions that must be satisfied before drawdown
6. Drawdown: Procedures and requirements for utilising the facility
7. Interest: Interest rate, calculation periods, and payment provisions
8. Repayment and Prepayment: Terms for repayment, mandatory and voluntary prepayment provisions
9. Fees and Expenses: All fees payable including arrangement fees, commitment fees, and cost provisions
10. Tax Gross Up and Indemnities: Tax provisions and related indemnities
11. Representations and Warranties: Borrower's representations and warranties
12. Information Undertakings: Requirements for financial and other information to be provided
13. General Undertakings: Positive and negative covenants of the borrower
14. Events of Default: Circumstances constituting default and consequences
15. Changes to Parties: Transfer and assignment provisions
16. Administration: Administrative provisions including payment mechanics and notices
17. Governing Law and Enforcement: Choice of law and jurisdiction provisions
1. Security: Required if the facility is secured, detailing security arrangements and enforcement rights
2. Guarantee: Required if there are guarantors, containing guarantee and indemnity provisions
3. Agent and Security Agent Provisions: Required for syndicated facilities, detailing the role and powers of facility and security agents
4. Increased Costs: Optional protection for lenders against regulatory changes, often included in larger facilities
5. Market Disruption: Optional provisions dealing with market disruption events affecting interest rates
6. Clean-Down: Required if the facility includes periodic clean-down requirements
7. Accordion Feature: Optional provisions allowing for facility increase
8. Extension Options: Optional provisions for extending the facility term
1. Conditions Precedent: List of required conditions precedent documents
2. Form of Drawdown Request: Template for borrower to request utilisation
3. Form of Transfer Certificate: Template for transferring commitments between lenders
4. Repayment Schedule: If applicable, schedule of repayment dates and amounts
5. Form of Compliance Certificate: Template for periodic compliance certification
6. Form of Accession Deed: Template for additional parties to accede to the agreement
7. Form of Resignation Letter: Template for party resignation from the agreement
8. Form of Extension Request: Template for requesting extension of the facility
9. Lender Commitments: Details of commitments for syndicated facilities
Account Bank
Additional Lender
Affiliate
Agent
Availability Period
Available Commitment
Available Facility
Break Costs
Business Day
Commitment
Compliance Certificate
Confidential Information
Default
Defaulting Lender
Disruption Event
Drawdown Date
Drawdown Request
Event of Default
Facility
Facility Office
Fee Letter
Finance Document
Finance Party
Financial Indebtedness
Group
Group Company
Holding Company
Hong Kong
HIBOR
Increased Costs
Interest Period
Interest Payment Date
Legal Reservations
Lender
Loan
Majority Lenders
Margin
Material Adverse Effect
Month
New Lender
Obligor
Original Financial Statements
Original Jurisdiction
Original Obligor
Party
Permanent Financing
Permitted Security
Potential Event of Default
Qualifying Lender
Quotation Day
Reference Banks
Refinancing
Repeating Representations
Representative
Screen Rate
Security
Security Document
Subsidiary
Tax
Tax Deduction
Term
Total Commitments
Transfer Certificate
Transfer Date
Unpaid Sum
Conditions Precedent
Utilization
Repayment
Prepayment
Interest
Interest Periods
Fees
Tax Gross-Up
Increased Costs
Indemnities
Costs and Expenses
Guarantee
Representations
Information Covenants
Financial Covenants
General Undertakings
Events of Default
Changes to Parties
Payment Mechanics
Set-Off
Notices
Calculations
Amendments and Waivers
Confidentiality
Counterparts
Governing Law
Enforcement
Security
Agency Provisions
Accession
Market Disruption
Clean-Down
Anti-Money Laundering
Sanctions Compliance
Data Protection
Reference Rate Provisions
Banking
Financial Services
Private Equity
Real Estate
Infrastructure
Manufacturing
Technology
Healthcare
Energy
Telecommunications
Retail
Mining
Construction
Transportation
Hospitality
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Secretarial
Credit
Operations
Banking
Deal Advisory
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Banking Lawyer
Finance Manager
Risk Manager
Compliance Officer
Company Secretary
Investment Banker
Relationship Manager
Credit Officer
Transaction Manager
Due Diligence Officer
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