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1. Parties: Identification of the maker (borrower) and the payee (lender) with complete legal names and addresses
2. Background: Context of the revolving credit arrangement and relationship between the parties
3. Definitions: Key terms used in the note including 'Credit Limit', 'Draw Period', 'Interest Rate', 'Payment Date', etc.
4. Promise to Pay: Unconditional promise to pay the principal amount or such lesser amount as may be outstanding, plus interest
5. Credit Facility Terms: Details of the revolving nature, maximum credit limit, and draw-down provisions
6. Interest Rate and Calculations: Specified interest rate, calculation method, and payment frequency
7. Repayment Terms: Payment schedule, minimum payment requirements, and prepayment provisions
8. Draw-Down Mechanism: Process and conditions for requesting and receiving advances under the note
9. Events of Default: Circumstances that constitute default and consequences thereof
10. Representations and Warranties: Standard declarations by the maker regarding their capacity and authority to execute the note
1. Security Provisions: Include when the note is secured by collateral or guarantees
2. Insurance Requirements: Include when specific insurance coverage is required for the maker or collateral
3. Financial Covenants: Include when the lender requires ongoing financial performance metrics
4. Cross-Default Provisions: Include when the note is part of a larger financing arrangement
5. Assignment and Transfer: Include when transfer rights need to be specified or restricted
6. Governing Law and Jurisdiction: Include when parties are in different jurisdictions or specific court jurisdiction needs to be established
1. Schedule A - Draw-Down and Repayment Schedule: Detailed schedule showing draw-down periods, amounts, and repayment dates
2. Schedule B - Interest Calculation Methods: Detailed explanation of interest calculation including examples
3. Schedule C - Form of Draw-Down Request: Standard form for requesting advances under the note
4. Schedule D - Security Details: If applicable, detailed description of security or collateral
5. Appendix 1 - Compliance Certificate: Standard form for periodic compliance certification
6. Appendix 2 - Notice Details: Contact information and acceptable methods of notice for all parties
Applicable Interest Rate
Availability Period
Business Day
Credit Limit
Default Interest Rate
Default Event
Draw-Down
Draw-Down Date
Draw-Down Notice
Due Date
Effective Date
Event of Default
Facility
Final Maturity Date
Financial Indebtedness
Interest Payment Date
Interest Period
Lender
Maker
Material Adverse Effect
Maximum Credit Amount
Outstanding Amount
Payee
Payment Date
Permitted Purpose
Principal Amount
Repayment Date
Repayment Schedule
Review Date
Revolving Facility
Security
Security Documents
Termination Date
Unutilized Amount
Credit Facility
Draw-Down Rights
Interest
Repayment
Security
Representations and Warranties
Events of Default
Acceleration
Payment Mechanics
Set-Off Rights
Assignment
Notices
Governing Law
Jurisdiction
Amendment
Severability
Force Majeure
Indemnification
Costs and Expenses
Stamp Duty
Financial Covenants
Information Covenants
Default Interest
Cross-Default
Enforcement
Banking and Financial Services
Manufacturing
Real Estate and Construction
Information Technology
Retail and Consumer Goods
Healthcare
Infrastructure
Agriculture
Energy and Utilities
Telecommunications
Legal
Finance
Treasury
Credit
Risk Management
Compliance
Corporate Secretarial
Business Development
Commercial
Accounts
Chief Financial Officer
Finance Director
Treasury Manager
Credit Manager
Legal Counsel
Corporate Lawyer
Finance Manager
Accounts Director
Risk Manager
Commercial Director
Business Development Manager
Company Secretary
Financial Controller
Banking Relationship Manager
Compliance Officer
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