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1. Parties: Identification of all co-financing parties, including lead financiers, co-financiers, and the borrower
2. Background: Context of the financing arrangement, purpose of the facility, and brief project description if applicable
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules
4. Financing Commitments: Details of each party's financing commitments, contribution ratios, and total facility amount
5. Conditions Precedent: Conditions that must be satisfied before the agreement becomes effective and before disbursement
6. Disbursement Procedures: Mechanisms and procedures for disbursement of funds, including timing and documentation requirements
7. Repayment Terms: Terms of repayment, including schedule, interest rates, and allocation among co-financiers
8. Security Structure: Overview of security arrangements and ranking of security interests
9. Representations and Warranties: Standard and specific representations and warranties from all parties
10. Covenants: Positive and negative covenants applicable to the borrower and other relevant parties
11. Events of Default: Circumstances constituting default and consequences thereof
12. Inter-creditor Provisions: Rights and obligations between co-financiers, including voting rights and decision-making processes
13. Fees and Expenses: All applicable fees, costs, and expense allocation among parties
14. Governing Law and Jurisdiction: Choice of Nigerian law and jurisdiction provisions
15. Boilerplate Clauses: Standard contractual provisions including notices, amendments, and severability
1. Project Implementation: Required when financing is for a specific project, detailing implementation requirements and monitoring
2. Currency Provisions: Needed when financing involves multiple currencies or international parties
3. Step-In Rights: Include when co-financiers require right to take control of project in specific circumstances
4. Environmental and Social Requirements: Required for projects with significant environmental or social impact
5. Insurance Requirements: Detailed insurance provisions when specific insurance coverage is crucial
6. Technical Assistance: Include when agreement includes technical support or advisory services
7. Government Support: Required when project needs specific government guarantees or support
8. Local Content Requirements: Include for projects subject to Nigerian local content laws
9. Force Majeure: Detailed force majeure provisions for high-risk or long-term projects
1. Financing Plan: Detailed breakdown of financing contributions, timing, and use of proceeds
2. Form of Disbursement Request: Standard format for requesting disbursements
3. Security Documents: List and copies of all security documents and perfection requirements
4. Repayment Schedule: Detailed amortization schedule and payment allocations
5. Project Budget: If project-specific, detailed budget and cost breakdown
6. Required Authorizations: List of required permits, licenses, and authorizations
7. Form of Progress Reports: Standard formats for required periodic reporting
8. Contact Details: Detailed contact information for all parties and authorized representatives
9. Technical Specifications: If project-specific, technical requirements and specifications
10. Conditions Precedent Documents: List of all required conditions precedent documents
Affiliate
Agent
Applicable Law
Authorizations
Available Commitment
Banking Day
Borrower
Break Costs
Business Day
CBN
Change of Control
Co-Financiers
Commitment
Compliance Certificate
Conditions Precedent
Confidential Information
Default
Default Interest
Disbursement
Disbursement Date
Disbursement Request
Dispute
Distribution
Effective Date
Enforcement Action
Environmental Laws
Event of Default
Facility
Facility Agent
Facility Agreement
Facility Office
Finance Documents
Financial Close
Financial Indebtedness
Financial Statements
Financing Plan
Force Majeure Event
Government Authority
Holding Company
Interest Payment Date
Interest Period
Inter-creditor Agreement
Lead Arranger
Legal Reservation
Lenders
LIBOR
Majority Lenders
Material Adverse Effect
Naira
Notice
Participating Interest
Party
Permitted Security
Project
Project Accounts
Project Documents
Qualifying Bank
Quote Day
Reference Banks
Relevant Jurisdiction
Repayment Date
Repayment Schedule
Security
Security Documents
Security Interest
Security Trustee
Subsidiary
Tax
Technical Bank
Total Commitments
Transaction Documents
Transfer Certificate
Unpaid Sum
Representations and Warranties
Facility Terms
Disbursement
Repayment
Interest
Security
Inter-creditor Arrangements
Fees and Expenses
Tax Gross-up and Indemnities
Covenants
Information Undertakings
Financial Covenants
Events of Default
Changes to Parties
Payment Mechanics
Set-off
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Amendments and Waivers
Confidentiality
Counterparts
Governing Law
Enforcement
Dispute Resolution
Agency Provisions
Security Trust Provisions
Facility Agent Rights
Force Majeure
Anti-Money Laundering
Sanctions Compliance
Environmental Compliance
Social Responsibility
Local Content
Currency Provisions
Account Management
Project Monitoring
Assignment and Transfer
Indemnities
Infrastructure Development
Oil and Gas
Power Generation
Telecommunications
Real Estate Development
Manufacturing
Agriculture
Mining
Transportation
Healthcare
Education
Renewable Energy
Maritime
Aviation
Legal
Finance
Credit Risk
Corporate Finance
Treasury
Compliance
Project Finance
Investment Banking
Deal Advisory
Transaction Advisory
Portfolio Management
Relationship Management
Chief Financial Officer
Finance Director
Legal Counsel
Project Finance Manager
Investment Officer
Credit Risk Manager
Relationship Manager
Transaction Manager
Corporate Finance Manager
Treasury Manager
Compliance Officer
Senior Banker
Project Director
Investment Analyst
Deal Structuring Manager
Portfolio Manager
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