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1. Parties: Identification of the lender(s), borrower(s), and any guarantors or security providers
2. Background: Context of the agreement, relationship between parties, and purpose of the facilities
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and rules of interpretation
4. Facilities: Details of all loan facilities being made available, including types, amounts, and purpose
5. Conditions Precedent: Conditions that must be satisfied before any utilization of the facilities
6. Utilization: Process and requirements for drawing down the facilities
7. Interest and Fees: Interest rates, calculation methods, fees, and other charges applicable to the facilities
8. Repayment and Prepayment: Terms for scheduled repayments and voluntary/mandatory prepayments
9. Security: Creation and terms of all security interests being granted
10. Representations and Warranties: Statements of fact and assurances given by the borrower and security providers
11. Covenants: Positive and negative obligations of the borrower and security providers
12. Events of Default: Circumstances constituting default and consequences thereof
13. Enforcement: Rights and remedies of the lender upon default, including SARFAESI Act provisions
14. Changes to Parties: Provisions regarding assignments, transfers, and additions of parties
15. Administration: Operational aspects including notices, calculations, and payment mechanics
16. Governing Law and Jurisdiction: Choice of law and jurisdiction for dispute resolution
1. Intercreditor Provisions: Required when multiple lenders are involved, establishing priority and sharing arrangements
2. Currency Provisions: Needed for facilities involving foreign currency or cross-border elements
3. Tax Provisions: Detailed tax clauses required when tax implications are significant or cross-border elements exist
4. Security Trustee Provisions: Required when a security trustee structure is used for multiple lenders
5. Guarantee: Included when third-party guarantees form part of the security package
6. Insurance: Detailed insurance requirements when specific insurance coverage is critical for the security
7. Agency Provisions: Required in syndicated facilities with an agent bank structure
1. Facility Particulars: Detailed terms and conditions specific to each facility
2. Security Details: Comprehensive description of all security assets and special terms
3. Conditions Precedent Documents: List of all required documentation and conditions
4. Form of Utilization Request: Standard form for drawing down facilities
5. Repayment Schedule: Detailed repayment dates and amounts for each facility
6. Security Documents: Forms of additional security documents to be executed
7. Notice Forms: Standard forms for various notices under the agreement
8. Financial Covenants: Detailed financial covenants and calculation methodologies
9. Security Perfection Requirements: List of registration and perfection requirements for each security
10. Existing Encumbrances: List of permitted existing security interests
11. Contact Details: Contact information for all parties and authorized representatives
Account Bank
Additional Security
Affiliate
Applicable Law
Applicable Margin
Authorisation
Available Commitment
Available Facility
Banking Day
Base Rate
Borrower
Borrowing
Break Costs
Business Day
Charged Assets
Commitment
Compliance Certificate
Conditions Precedent
Constitutional Documents
Control
Default
Default Interest
Default Rate
Disposal
Disruption Event
Distribution
Drawing
EBITDA
Encumbrance
Event of Default
Facility
Facility Documents
Financial Indebtedness
Financial Statements
Financial Year
Fixed Assets
Group
Guarantee
Guarantor
Holding Company
Indian GAAP
Interest Payment Date
Interest Period
Legal Reservations
Lender
MCLR
Material Adverse Effect
Obligor
Outstanding Amount
Potential Event of Default
Prepayment Amount
Principal Outstanding
Qualified Assets
Quarter Date
Quotation Day
RBI
Reference Banks
Regulatory Approval
Repayment Date
Repayment Schedule
Restricted Payment
Sanctioned Amount
Screen Rate
Secured Obligations
Security
Security Documents
Security Interest
Security Period
Security Provider
Subsidiary
Tax
Term Loan
Transaction Documents
Unpaid Sum
Utilisation
Utilisation Date
Utilisation Request
Working Capital Facility
Facility Terms
Purpose
Conditions Precedent
Drawdown
Interest
Repayment
Prepayment
Security Creation
Security Perfection
Further Assurance
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
Negative Pledge
Events of Default
Acceleration
Security Enforcement
Payment Mechanics
Set-off
Costs and Expenses
Indemnities
Guarantee
Evidence and Calculations
Assignment and Transfer
Changes to Parties
Disclosure
Confidentiality
Notices
Amendments and Waivers
Severability
Counterparts
Governing Law
Dispute Resolution
Force Majeure
Cross Default
Security Margin
Account Operations
Insurance
Taxes
Regulatory Compliance
Anti-Money Laundering
Know Your Customer
Registration Requirements
Stamp Duty
Priority of Claims
Cross-Collateralization
Authority and Capacity
Time of Essence
Entire Agreement
Banking & Financial Services
Manufacturing
Real Estate & Construction
Infrastructure
Healthcare
Technology
Retail & Consumer Goods
Energy & Utilities
Telecommunications
Transportation & Logistics
Agriculture & Food Processing
Hospitality & Tourism
Legal
Finance
Treasury
Compliance
Risk Management
Credit
Corporate Banking
Transaction Management
Operations
Documentation
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Compliance Officer
Risk Manager
Credit Manager
Relationship Manager
Transaction Manager
Security Trustee Officer
Facility Agent
Company Secretary
Financial Controller
Head of Corporate Banking
Senior Credit Analyst
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