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1. Parties: Identification and details of the lender and borrower, including registration numbers and addresses
2. Background: Context of the loan agreement and brief description of the parties' intentions
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. The Facility: Details of the loan amount, purpose, and drawdown conditions
5. Interest and Fees: Interest rate, calculation method, payment dates, and applicable fees
6. Repayment Terms: Repayment schedule, prepayment provisions, and payment mechanics
7. Conditions Precedent: Conditions that must be satisfied before the loan becomes available
8. Representations and Warranties: Statements of fact and assurances given by the borrower
9. Covenants: Positive and negative obligations of the borrower during the loan term
10. Events of Default: Circumstances that would constitute default and their consequences
11. Security: Details of any security or guarantees provided for the loan
12. Boilerplate Provisions: Standard legal provisions including notices, amendments, governing law, and jurisdiction
1. Guarantee Provisions: Used when a third party guarantees the loan obligations
2. Assignment and Transfer: Include when the lender may want to transfer or assign rights under the agreement
3. Syndication Provisions: Required for loans that may be syndicated to multiple lenders
4. Insurance Requirements: Detailed when specific insurance coverage is required for the loan
5. Special Purpose Vehicle Provisions: Include when the borrower is an SPV or when specific corporate structures need to be maintained
6. Project Finance Provisions: Used when the loan is tied to specific project developments
7. Currency Provisions: Required when dealing with foreign currency loans or multiple currency options
1. Schedule 1 - Loan Details: Detailed breakdown of the facility amount, interest rates, and payment dates
2. Schedule 2 - Conditions Precedent Documents: List of all required documents and conditions to be satisfied
3. Schedule 3 - Drawdown Notice Form: Template for requesting disbursement of loan funds
4. Schedule 4 - Repayment Schedule: Detailed amortization schedule if applicable
5. Schedule 5 - Security Documents: List and copies of all security documents
6. Appendix A - Compliance Certificate: Template for periodic compliance certification
7. Appendix B - Financial Covenants Calculations: Format for calculating and reporting financial covenants
8. Appendix C - Know Your Customer Requirements: List of required KYC documentation and verification procedures
Agreement
Applicable Law
Availability Period
Banking Day
Borrower
Business Day
CBN
Change of Control
Commitment
Conditions Precedent
Default
Default Interest
Default Rate
Drawdown
Drawdown Date
Drawdown Notice
Event of Default
Facility
Facility Amount
Finance Documents
Financial Indebtedness
Financial Statements
Group
Guarantee
Guarantor
Interest Payment Date
Interest Period
Interest Rate
Lender
LIBOR
Loan
Material Adverse Effect
Maturity Date
Naira
Obligor
Outstanding Amount
Parties
Potential Event of Default
Prepayment
Principal Amount
Purpose
Repayment Date
Repayment Schedule
Security
Security Documents
Security Interest
Subsidiary
Tax
Transaction Documents
Interest and Fees
Repayment
Security
Conditions Precedent
Representations and Warranties
Covenants
Events of Default
Undertakings
Assignment and Transfer
Confidentiality
Force Majeure
Indemnification
Set-off Rights
Payment Mechanics
Tax Provisions
Currency Provisions
Anti-Money Laundering
Know Your Customer
Notices
Amendment and Waiver
Severability
Governing Law
Jurisdiction
Dispute Resolution
Entire Agreement
Counterparts
Third Party Rights
Further Assurance
Costs and Expenses
Banking
Financial Services
Real Estate
Manufacturing
Energy
Infrastructure
Agriculture
Telecommunications
Mining
Healthcare
Education
Retail
Technology
Legal
Finance
Compliance
Risk Management
Credit
Treasury
Corporate Banking
Commercial Banking
Operations
Documentation
Due Diligence
Regulatory Affairs
Chief Financial Officer
Finance Director
Legal Counsel
Compliance Officer
Risk Manager
Credit Manager
Banking Relationship Manager
Treasury Manager
Loan Officer
Corporate Finance Manager
Financial Controller
Legal Director
Company Secretary
Credit Risk Analyst
Portfolio Manager
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