The Revolving Agreement serves as a fundamental legal instrument in Malta's financial services sector, providing a flexible financing solution for businesses and individuals. It is particularly useful when parties require ongoing access to credit with the ability to draw down and repay funds multiple times within an agreed limit. The document must comply with Malta's Financial Institutions Act, Civil Code, and related regulations, making it suitable for various commercial and consumer lending scenarios. Key features include detailed financial terms, security arrangements, and compliance requirements specific to Maltese jurisdiction. The agreement can be customized for different business needs while maintaining its core revolving facility characteristics and regulatory compliance.

1. Parties: Identification of the parties entering into the agreement, including full legal names, registration details, and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the revolving facility

3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules of interpretation

4. Facility and Purpose: Description of the revolving facility, its nature, total amount, and permitted purposes

5. Drawdown Mechanics: Procedures and conditions for requesting and making drawdowns under the facility

6. Repayment and Revolving Nature: Terms governing repayment obligations and how the revolving nature of the facility operates

7. Interest and Fees: Interest calculation methodology, applicable rates, and all associated fees

8. Conditions Precedent: Conditions that must be satisfied before the facility becomes available

9. Representations and Warranties: Statements of fact and assurances given by the parties

10. Covenants: Ongoing obligations and restrictions on the borrower's activities

11. Events of Default: Circumstances that constitute default and consequences thereof

12. Security: Details of any security arrangements securing the facility

13. Payments and Calculations: Payment mechanics, calculation conventions, and business day adjustments

14. Changes to Parties: Rules regarding assignment, transfer, and delegation of rights and obligations

15. Notices: Communication procedures and contact details

16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

17. Governing Law and Jurisdiction: Specification of Maltese law as governing law and jurisdiction for disputes