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1. Parties: Identifies and defines the lender, borrower, and any guarantors with their full legal names and addresses
2. Background: Describes the context of the loan commitment, including the borrower's request and lender's agreement to provide the facility
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation
4. Facility Amount and Purpose: Specifies the committed loan amount and permitted purposes for which the loan may be used
5. Availability Period: Defines the period during which the borrower can draw down the loan
6. Conditions Precedent: Lists the conditions that must be satisfied before the facility becomes available
7. Interest and Fees: Details the interest rate, commitment fees, and other charges applicable to the facility
8. Drawdown Mechanics: Specifies the process and requirements for requesting and receiving loan disbursements
9. Representations and Warranties: Contains statements of fact and assurances given by the borrower
10. Covenants: Sets out the borrower's ongoing obligations, including financial covenants and reporting requirements
11. Events of Default: Lists circumstances that would constitute default and trigger remedial actions
12. Remedies: Outlines the lender's rights and remedies upon occurrence of an event of default
13. Notices: Specifies how formal communications between parties should be made
14. Governing Law and Jurisdiction: Establishes Indian law as governing law and specifies jurisdiction for dispute resolution
1. Security: Required when the loan commitment is to be secured by collateral or guarantees
2. Syndication Provisions: Included when the facility may be syndicated to multiple lenders
3. Assignment and Transfer: Detailed provisions for when either party may want to transfer their rights or obligations
4. Force Majeure: Provisions dealing with unforeseen circumstances preventing performance
5. Increased Costs: Provisions dealing with changes in law or regulations affecting the lender's costs
6. Market Disruption: Provisions addressing situations where interest rate benchmarks become unavailable
7. Tax Provisions: Detailed tax-related provisions when cross-border elements exist
8. Currency Provisions: Required when the facility involves multiple currencies
1. Schedule 1 - Facility Terms: Detailed commercial terms including facility amount, interest rates, fees, and repayment schedule
2. Schedule 2 - Conditions Precedent Documents: List of all documents and evidence required before facility availability
3. Schedule 3 - Form of Drawdown Request: Template for the borrower to request loan disbursements
4. Schedule 4 - Form of Compliance Certificate: Template for periodic confirmation of covenant compliance
5. Schedule 5 - Security Documents: List and copies of security documents if the facility is secured
6. Schedule 6 - Financial Covenants Calculations: Detailed methodology for calculating financial covenants
7. Appendix A - KYC Requirements: List of required know-your-customer documentation
8. Appendix B - Fee Schedule: Detailed breakdown of all applicable fees and charges
Banking Day
Borrower
Business Day
Commitment
Commitment Fee
Commitment Period
Conditions Precedent
Default
Default Rate
Drawdown
Drawdown Date
Drawdown Notice
Event of Default
Facility
Facility Amount
Finance Documents
Financial Indebtedness
Financial Statements
Financial Year
Governing Law
Group
Guarantor
Interest Payment Date
Interest Period
Interest Rate
Lender
Material Adverse Effect
Maturity Date
Potential Default
Purpose
RBI
Repayment Date
Repayment Schedule
Security
Security Documents
Security Interest
Security Provider
Specified Purpose
Subsidiary
Tax
Transaction Documents
Utilization
Utilization Date
Utilization Request
Definitions
Facility Terms
Conditions Precedent
Drawdown
Interest
Fees
Repayment
Prepayment
Security
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Acceleration
Assignment and Transfer
Changes to Parties
Payment Mechanics
Set-off
Notices
Calculations
Amendments and Waivers
Confidentiality
Counterparts
Severability
Force Majeure
Governing Law
Dispute Resolution
Jurisdiction
Indemnification
Currency
Costs and Expenses
Tax Provisions
Market Disruption
Increased Costs
Anti-Money Laundering
Compliance with Laws
Electronic Execution
Banking and Financial Services
Real Estate and Construction
Manufacturing
Infrastructure
Technology and Software
Healthcare
Retail and Consumer Goods
Energy and Utilities
Transportation and Logistics
Agriculture and Agribusiness
Education
Hospitality
Legal
Finance
Treasury
Risk Management
Compliance
Credit
Corporate Banking
Business Development
Operations
Company Secretarial
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Risk Manager
Credit Manager
Relationship Manager
Compliance Officer
Banking Officer
Loan Officer
Financial Controller
Company Secretary
Business Development Manager
Financial Analyst
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