The Facilities Agreement is a crucial financial document used when a lender or syndicate of lenders provides financial accommodation to a borrower under Irish law. It is commonly used for various financing purposes, including corporate lending, project finance, real estate development, and general working capital facilities. The agreement comprehensively addresses all aspects of the lending relationship, including facility terms, conditions precedent, drawdown mechanics, repayment obligations, security arrangements, and ongoing compliance requirements. It must comply with Irish regulatory requirements, including those set by the Central Bank of Ireland and relevant EU regulations. The Facilities Agreement typically incorporates market-standard provisions while being tailored to specific transaction requirements and the particular needs of the parties involved.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the lender(s), borrower(s), and any other parties to the agreement
2. Background: Sets out the context and purpose of the facility
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. The Facility: Details the type, purpose, and amount of the facility being provided
5. Conditions Precedent: Specifies conditions that must be satisfied before drawdown
6. Drawdown: Sets out the mechanics and requirements for utilizing the facility
7. Repayment: Details the repayment schedule and mechanics
8. Interest: Specifies interest rates, calculation methods, and payment dates
9. Fees: Lists all applicable fees including arrangement, commitment, and other fees
10. Tax Gross Up and Indemnities: Addresses tax-related obligations and protections
11. Increased Costs: Provisions for dealing with changes in regulatory or market conditions
12. Representations and Warranties: Statements of fact and assurances given by the borrower
13. Information Undertakings: Obligations to provide financial and other information
14. Financial Covenants: Financial ratios and tests the borrower must maintain
15. General Undertakings: General obligations and restrictions on the borrower's activities
16. Events of Default: Circumstances that trigger default and lender's enforcement rights
17. Changes to Parties: Provisions regarding assignment and transfer rights
18. Administration: Mechanical provisions regarding payments and calculations
19. Notices: Communication requirements and contact details
20. Governing Law and Jurisdiction: Specifies Irish law as governing law and jurisdiction for disputes
1. Security: Required if the facility is secured - details the security package and enforcement rights
2. Guarantee: Required if there are guarantors - contains guarantee provisions
3. Accordion Facility: Optional section for when the facility includes the ability to increase the commitment amount
4. Agency and Security Trustee Provisions: Required for syndicated facilities with multiple lenders
5. Majority Lenders: Required for syndicated facilities - defines voting rights and decision-making processes
6. Currency Provisions: Required for multi-currency facilities
7. Break Costs: Required for term facilities with fixed interest periods
8. Market Disruption: Optional provisions dealing with market disruption events
9. Bail-In: Required if any lender is subject to EU/UK bail-in regulations
10. Sustainability-Linked Provisions: Optional for green/sustainable finance facilities
1. Conditions Precedent: Detailed list of required documentation and conditions
2. Form of Drawdown Request: Template for borrower to request utilization of the facility
3. Form of Transfer Certificate: Template for transferring commitments between lenders
4. Form of Compliance Certificate: Template for periodic financial covenant compliance certification
5. Repayment Schedule: Detailed amortization schedule if applicable
6. Financial Covenants Calculations: Detailed methodology for calculating financial covenants
7. Security Documents: List and/or forms of security documents
8. Existing Security: Details of any permitted existing security
9. Form of Accession Letter: Template for additional parties to accede to the agreement
10. Contact Details: Detailed contact information for all parties
11. Form of Assignment Agreement: Template for assigning rights under the agreement
12. Timetables: Detailed timing requirements for notices and payments
Find the exact document you need
Prenup Contract
An Irish law prenuptial agreement establishing financial arrangements between prospective spouses, which may be considered by Irish courts in divorce proceedings.
Download
Non Disclosure Form
Irish law-governed Non-Disclosure Agreement protecting confidential information shared between parties, incorporating Irish and EU legal requirements.
Download
Lease Option (Real Estate)
An Irish law-governed agreement combining a property lease with an option for the tenant to purchase the property during or after the lease term.
Download
Business Partnership Agreement
An Irish law-governed agreement establishing a business partnership, defining partner relationships, responsibilities, and operational framework.
Download
Subcontractor Agreement Form
An Irish law-governed agreement establishing terms and conditions between a main contractor and subcontractor for delegated works or services.
Download
Legal Agreement Between Two Parties
An Irish law-compliant legal agreement template for establishing contractual relationships between two parties, suitable for various business contexts.
Download
Contract Agreement Form
A standardized legal document for establishing binding agreements between parties under Irish law.
Download
Simple Contract
An Irish law-governed Simple Contract establishing clear terms and obligations between parties for standard business transactions.
Download
Simple Agreement
An adaptable contract template under Irish law for establishing basic contractual relationships between parties.
Download
Side Agreement
An Irish law-governed supplementary agreement that modifies or clarifies terms of an existing primary agreement between parties.
Download
Incorporation Agreement
An Irish law agreement establishing a new company's structure, governance, and shareholder relationships in compliance with the Companies Act 2014.
Download
Fixed Term Tenancy Agreement
An Irish law-governed agreement establishing a fixed-term residential tenancy between landlord and tenant, setting out key terms and obligations under Irish residential tenancy legislation.
Download
Casual Worker Contract
An Irish law-compliant contract establishing terms for casual work arrangements with no guaranteed hours or mutual obligation between assignments.
Download
Tooling Agreement
An Irish law-governed agreement establishing terms for industrial tool supply, ownership, usage, and maintenance arrangements.
Download
Representation Agreement
An Irish law-governed agreement establishing the terms and conditions between a principal and their commercial representative, including scope, territory, and compensation arrangements.
Download
Provisional Agreement
An Irish law-governed temporary contractual arrangement establishing interim rights and obligations while permanent terms are being finalized.
Download
Notary Rent Agreement
An Irish law-governed notarized rental agreement establishing formal terms between landlord and tenant, with enhanced legal authenticity through notarial verification.
Download
Lease With Option To Buy
An Irish law agreement combining a property lease with an option for the tenant to purchase the property under specified terms and conditions.
Download
Land Agreement Between Two Parties
An Irish law-governed agreement establishing terms and conditions for land transfer or use between two parties, ensuring legal compliance and mutual protection of interests.
Download
Employer Tuition Reimbursement Agreement
An Irish law-governed agreement establishing terms for employer-provided educational support, including reimbursement conditions and employee obligations.
Download
Common Terms Agreement
An Irish law-governed agreement establishing common terms across syndicated facility agreements, setting uniform conditions and requirements for all finance parties.
Download
Basic Contract
A foundational legal agreement governed by Irish law that establishes basic contractual relationships between parties, incorporating essential elements required under Irish jurisdiction.
Download
Employee Agreement Form
An Irish law-governed employment agreement detailing essential terms and conditions of employment in compliance with local legislation.
Download
Rent In Exchange For Services Agreement
An Irish law agreement establishing accommodation provision in exchange for specified services, combining residential tenancy and service provision elements.
Download
Employee Accommodation Agreement
An Irish law agreement governing employer-provided accommodation to employees, setting out terms, conditions, and obligations for both parties under Irish residential and employment law.
Download
Contra Agreement
An Irish law-governed agreement establishing terms and conditions for professional service provision between contracting parties.
Download
Labour Contract Agreement For Construction Of House
An Irish law-governed labor contract for house construction projects, establishing terms between property owner and contractor.
Download
Business Cooperation Agreement
An Irish law-governed agreement establishing terms and conditions for business cooperation between independent entities, defining their collaborative relationship and mutual obligations.
Download
Sublet Lease
An Irish sublease agreement governing the terms under which an existing tenant subleases property to a subtenant, compliant with Irish property law and tenancy regulations.
Download
Lodger Agreement
An Irish law-governed agreement between a resident property owner and lodger for shared accommodation arrangements in an owner-occupied property.
Download
Professional Services Retainer Agreement
An Irish law-governed agreement establishing terms for ongoing professional services delivery under a retainer arrangement.
Download
Supply Contract Form
Irish law-governed Supply Contract Form for establishing supplier-purchaser relationships, incorporating key provisions under Irish commercial law and EU regulations.
Download
Sale Of Business Contract
An Irish law-governed agreement documenting the complete terms and conditions for the sale and purchase of a business, including all relevant assets, liabilities, and obligations.
Download
Business Contract
Irish law business contract template incorporating essential commercial provisions and regulatory compliance requirements.
Download
Education Agreement With Employer
An Irish law-governed agreement setting out terms for employer-supported educational programs, including financial support, obligations, and study arrangements.
Download
Umbrella Agreement
An Irish law master agreement establishing framework terms for ongoing commercial relationships between parties, governing future specific agreements and transactions.
Download
Software Agreement Contract
Irish law-governed software agreement covering licensing, usage rights, and compliance with EU regulations including GDPR.
Download
Rent To Own Agreement Form
An Irish law-governed agreement combining a residential lease with a future purchase option, detailing rental terms and purchase conditions.
Download
Yearly Contract Agreement
An Irish law-governed annual contract template establishing terms and conditions for yearly business relationships.
Download
White Label Agreement
An Irish law-governed agreement enabling one company to provide products/services for another to rebrand and sell as their own, ensuring regulatory compliance and defining commercial terms.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)