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1. Parties: Identification of the lender and borrower with full legal names and addresses
2. Background: Recitals explaining the context of the loan and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Details: Specification of the loan amount, purpose, and key terms
5. Asset Details: Description and identification of the asset(s) being loaned
6. Term and Repayment: Duration of the loan and repayment schedule
7. Interest and Fees: Interest rate, calculation method, and any applicable fees
8. Security Arrangements: Details of security interests over the asset and registration requirements
9. Borrower's Covenants: Obligations of the borrower regarding asset use, maintenance, and insurance
10. Representations and Warranties: Standard representations and warranties from both parties
11. Events of Default: Circumstances constituting default and consequences
12. Enforcement Rights: Lender's rights and remedies upon default
13. Notices: Process and requirements for formal communications between parties
14. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
1. Guarantees: Required when there is a third-party guarantor for the loan
2. Additional Security: Used when additional collateral beyond the asset itself is required
3. Insurance Requirements: Detailed section needed for high-value assets or specific insurance requirements
4. Special Usage Conditions: Required when there are specific restrictions or conditions on asset usage
5. Cross-Default Provisions: Included when the borrower has other facilities with the lender
6. Assignment and Transfer: Needed when either party may need to transfer their rights or obligations
7. Force Majeure: Required for long-term loans or when asset usage might be affected by external events
8. Tax Provisions: Detailed tax clauses needed for high-value assets or complex tax implications
1. Asset Description Schedule: Detailed technical specifications and identification marks of the asset(s)
2. Repayment Schedule: Detailed breakdown of repayment dates and amounts
3. Condition Report: Initial condition assessment of the asset at time of loan
4. Insurance Requirements: Specific insurance coverage requirements and terms
5. Permitted Use Guidelines: Detailed guidelines for acceptable use of the asset
6. Security Documents: Forms of security documents and registrations required
7. Maintenance Requirements: Detailed maintenance schedule and requirements
8. Form of Notices: Template forms for various notices under the agreement
Asset
Asset Location
Borrower
Business Day
Commencement Date
Condition Report
Default Interest Rate
Default Notice
Encumbrance
Event of Default
Facility Amount
Fair Wear and Tear
Financial Indebtedness
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Maintenance Requirements
Material Adverse Effect
Maturity Date
Outstanding Amount
Permitted Use
Principal
Repayment Date
Repayment Schedule
Security
Security Documents
Security Interest
Term
Transaction Documents
Security Interest
Asset Usage
Maintenance Obligations
Insurance Requirements
Payment Terms
Interest Provisions
Default Events
Enforcement Rights
Asset Return
Representations and Warranties
Covenants
Assignment
Indemnification
Force Majeure
Confidentiality
Notices
Governing Law
Dispute Resolution
Termination
Amendment
Severability
Entire Agreement
Third Party Rights
Counterparts
Banking & Financial Services
Manufacturing
Construction
Agriculture
Transportation & Logistics
Heavy Industry
Mining
Technology
Healthcare
Education
Real Estate
Aviation
Maritime
Equipment Leasing
Legal
Finance
Operations
Risk Management
Compliance
Treasury
Asset Management
Credit Administration
Procurement
Contract Management
Chief Financial Officer
Finance Manager
Legal Counsel
Asset Manager
Credit Manager
Risk Officer
Operations Manager
Procurement Manager
Contract Administrator
Treasury Manager
Financial Controller
Compliance Officer
Equipment Manager
Fleet Manager
Business Development Manager
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