Facility Agreement for Malta
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Facility Agreement
"I need a bilateral Facility Agreement under Maltese law for a €5 million secured term loan to a real estate company, with quarterly repayments starting March 2025 and including standard covenants for property financing."
Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identifies the lender(s), borrower(s), and any other parties to the agreement
2. Background: Describes the context and purpose of the facility
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. The Facility: Sets out the basic terms of the facility, including amount, purpose, and availability
5. Conditions Precedent: Lists conditions that must be satisfied before drawdown
6. Drawdown: Procedures and requirements for utilizing the facility
7. Interest: Interest calculation, periods, and payment provisions
8. Repayment: Terms for repayment of the facility
9. Prepayment: Provisions for voluntary and mandatory prepayment
10. Representations and Warranties: Statements of fact and assurances given by the borrower
11. Information Undertakings: Obligations to provide financial and other information
12. Financial Covenants: Financial ratios and tests the borrower must maintain
13. General Undertakings: General positive and negative obligations of the borrower
14. Events of Default: Circumstances that trigger default and enforcement rights
15. Changes to Parties: Provisions for transfers and assignments
16. Administration: Operational provisions including payments and calculations
17. Notices: Communication procedures between parties
18. Governing Law and Enforcement: Choice of law and jurisdiction provisions
1. Multiple Currencies: Required if the facility can be drawn in different currencies
2. Guarantees: Required if there are guarantors supporting the facility
3. Security: Required if the facility is secured by any assets
4. Syndication Provisions: Required for syndicated facilities with multiple lenders
5. Increased Costs: Protection for lenders against regulatory changes
6. Market Disruption: Provisions dealing with market disruption events
7. Tax Gross-Up and Indemnities: Required if tax provisions are relevant
8. Agent and Security Trustee: Required for syndicated or secured facilities
1. Conditions Precedent Documents: Detailed list of required documents and conditions
2. Form of Drawdown Request: Template for borrower to request facility utilization
3. Form of Transfer Certificate: Template for transferring commitments between lenders
4. Repayment Schedule: Detailed schedule of repayment dates and amounts
5. Form of Compliance Certificate: Template for periodic compliance certification
6. Financial Covenants Calculations: Detailed methodology for financial covenant calculations
7. Security Documents: Forms of security documents if facility is secured
8. Existing Security and Permitted Financial Indebtedness: Lists of permitted exceptions
9. Form of Accession Deed: Template for new parties joining the agreement
10. Contact Details: List of administrative details for all parties
Authors
Account
Account Bank
Additional Lender
Affiliate
Agent
Agreement
Authorisation
Authority
Availability Period
Available Commitment
Available Facility
Base Rate
Break Costs
Business Day
Commitment
Compliance Certificate
Confidential Information
Default
Default Interest
Disruption Event
Drawdown Date
Drawdown Request
Event of Default
Facility
Facility Office
Fee Letter
Finance Document
Finance Party
Financial Indebtedness
Financial Statements
Group
Guarantee
Holding Company
Interest Period
Interest Rate
Legal Reservation
Lender
Loan
Margin
Material Adverse Effect
Obligor
Original Financial Statements
Original Jurisdiction
Party
Permitted Security
Potential Event of Default
Quotation Day
Reference Banks
Relevant Market
Repeating Representations
Representative
Security
Security Document
Security Property
Subsidiary
Tax
Total Commitments
Transfer Certificate
Transfer Date
Unpaid Sum
Utilisation
VAT
Facility Terms
Purpose
Conditions Precedent
Utilization
Repayment
Prepayment
Interest
Fees
Tax Gross-Up
Increased Costs
Representations
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Security
Guarantee
Set-Off
Assignment and Transfer
Role of Agent
Payment Mechanics
Calculations
Notices
Confidentiality
Amendments
Governing Law
Enforcement
Severability
Counterparts
Entire Agreement
Third Party Rights
Anti-Money Laundering
Sanctions
Banking
Financial Services
Real Estate
Manufacturing
Retail
Healthcare
Technology
Infrastructure
Energy
Transportation
Hospitality
Construction
Telecommunications
Maritime
Aviation
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Banking
Loan Administration
Risk Management
Corporate Finance
Banking Operations
Deal Advisory
Transaction Management
Documentation
Regulatory Affairs
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Banking Lawyer
Relationship Manager
Credit Manager
Risk Manager
Compliance Officer
Financial Controller
Corporate Secretary
Investment Manager
Project Finance Manager
Loan Officer
Director of Banking
Head of Credit
Chief Legal Officer
Finance Manager
Banking Operations Manager
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