Investment Syndicate Agreement Template for Nigeria

1. Parties: Identification of all syndicate members, lead investor, and any management entity

2. Background: Context of the syndicate formation, investment objectives, and general purpose

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

4. Formation and Structure: Legal structure of the syndicate and its establishment details

5. Investment Objectives: Detailed description of investment strategy, target sectors, and geographic focus

6. Capital Contributions: Terms for initial and subsequent capital contributions, commitment periods

7. Investment Process: Deal flow, due diligence procedures, investment approval mechanism

8. Governance: Decision-making processes, voting rights, management structure

9. Distributions: Distribution waterfall, profit sharing mechanisms, reinvestment provisions

10. Fees and Expenses: Management fees, operational costs, expense allocation

11. Representations and Warranties: Standard declarations by all parties regarding capacity and authority

12. Compliance and Reporting: Regulatory compliance obligations, reporting requirements to members

13. Confidentiality: Protection of syndicate and portfolio company information

14. Term and Termination: Duration of the syndicate, extension provisions, termination events

15. General Provisions: Standard boilerplate clauses including notices, amendments, governing law

1. Schedule 1 - Member Details: List of all members, their commitments, and contact information

2. Schedule 2 - Investment Criteria: Detailed investment parameters, sector focus, and investment restrictions

3. Schedule 3 - Fee Structure: Detailed breakdown of all fees and carried interest calculations

4. Schedule 4 - Governance Procedures: Detailed voting procedures and meeting protocols

5. Schedule 5 - Subscription Agreement: Standard form for admitting new members

6. Schedule 6 - Anti-Money Laundering Requirements: AML procedures and required documentation

7. Schedule 7 - Valuation Methodology: Agreed methods for valuing investments

8. Appendix A - Power of Attorney: Standard form of power of attorney for syndicate operations

9. Appendix B - Compliance Checklist: Regulatory compliance requirements and procedures