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1. Parties: Identification of the lender(s), borrower(s), and any other parties such as guarantors or facility agent
2. Background: Brief description of the transaction and its purpose
3. Definitions and Interpretation: Defined terms, interpretation principles, and currency/time references
4. The Facility: Core terms of the revolving facility including amount, purpose, and revolving mechanics
5. Conditions Precedent: Initial conditions and conditions for each utilization
6. Utilization: Process and requirements for drawing down the facility
7. Repayment and Prepayment: Terms for repayment, prepayment obligations and voluntary prepayment rights
8. Interest: Interest calculation, periods, payment, and default interest provisions
9. Fees: Commitment fees, arrangement fees, and other applicable fees
10. Tax Gross Up and Indemnities: Tax provisions including gross-up obligations and tax indemnities
11. Increased Costs: Provisions for dealing with regulatory or circumstantial changes affecting lenders' costs
12. Representations and Warranties: Borrower's representations and warranties
13. Information Undertakings: Financial and other information to be provided by the borrower
14. Financial Covenants: Financial ratios and other financial requirements
15. General Undertakings: Positive and negative undertakings of the borrower
16. Events of Default: Events triggering default and acceleration rights
17. Changes to Parties: Transfer and assignment provisions
18. Administration: Payment mechanics, notices, calculations
19. Governing Law and Enforcement: Choice of Hong Kong law and enforcement provisions
1. Security: Required if the facility is secured, detailing security package and enforcement rights
2. Guarantees: Required if there are guarantors, containing guarantee and indemnity provisions
3. Multiple Currencies: Required for multi-currency facilities, including currency conversion and optional currency provisions
4. Accordion Feature: Optional section allowing for facility amount increase under specified conditions
5. Green Loan Provisions: Required for green loans, including use of proceeds and reporting requirements
6. Majority Lenders: Required for syndicated facilities, defining voting rights and decision-making process
7. Bank Products: Optional section for associated banking products like hedging or cash management
8. HIBOR/HONIA Replacement: Provisions for benchmark replacement, particularly relevant given global interest rate reforms
1. Conditions Precedent: Detailed list of required documents and conditions
2. Form of Utilization Request: Standard form for drawing down the facility
3. Form of Transfer Certificate: Standard form for transfers between lenders
4. Form of Compliance Certificate: Template for periodic compliance certification
5. Existing Security: List of permitted existing security (if applicable)
6. Form of Accession Deed: Template for additional parties joining the agreement
7. Fee Schedule: Detailed breakdown of all applicable fees
8. Form of Commitment Notice: Template for commitment increase/reduction notices
9. List of Material Subsidiaries: Definition and current list of material subsidiaries
10. Forms of Interest Election: Templates for selecting interest periods and rates
Available Commitment
Available Facility
Break Costs
Business Day
Commitment
Compliance Certificate
Default
Event of Default
Facility
Facility Office
Finance Document
Finance Party
Financial Indebtedness
Group
HIBOR
HONIA
Hong Kong
Interest Period
Interest Payment Date
Legal Requirement
Lender
Loan
Margin
Material Adverse Effect
Month
Obligor
Original Financial Statements
Party
Permitted Security
Potential Event of Default
Quotation Day
Reference Banks
Repeating Representations
Rollover Loan
Screen Rate
Security
Security Document
Tax
Total Commitments
Transfer Certificate
Transfer Date
Unpaid Sum
Utilization
Utilization Date
Utilization Request
VAT
Material Subsidiary
Majority Lenders
Increased Cost
Holding Company
Financial Year
Subsidiary
Authorized Institution
Regulatory Requirement
Stamp Duty
Companies Registry
Interest Rate Agreement
Relevant Authority
Base Rate
Amendment Fee
Arrangement Fee
Commitment Fee
Security Interest
Applicable Law
Central Banking Authority
Confidential Information
Relevant Jurisdiction
Facility Terms
Purpose
Conditions Precedent
Utilization
Repayment
Prepayment
Cancellation
Interest
Interest Periods
Changes to Interest Calculation
Fees
Tax Gross-Up
Tax Indemnity
Increased Costs
Other Indemnities
Mitigation
Costs and Expenses
Representations
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Changes to Parties
Assignment and Transfer
Payment Mechanics
Set-off
Notices
Calculations
Amendments and Waivers
Confidentiality
Counterparts
Governing Law
Enforcement
Jurisdiction
Service of Process
Currency
Disruption Events
Anti-Money Laundering
Sanctions
Banking & Financial Services
Real Estate
Manufacturing
Retail
Technology
Healthcare
Infrastructure
Energy
Telecommunications
Trading & Commerce
Logistics
Hospitality
Legal
Finance
Treasury
Corporate Banking
Risk Management
Compliance
Credit
Corporate Secretarial
Operations
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Company Secretary
Financial Controller
Credit Manager
Relationship Manager
Risk Manager
Compliance Officer
Banking Officer
Finance Manager
Corporate Banking Director
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