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1. Parties: Identification of the lender(s) and borrower(s) with full legal names and addresses
2. Background: Context of the loan arrangement and purpose of the facility
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 availability
5. Interest: Interest rate, calculation method, and payment terms
6. Repayment: Repayment schedule, methods, and prepayment provisions
7. Representations and Warranties: Statements of fact and assurances given by the borrower
8. Conditions Precedent: Conditions that must be satisfied before the loan becomes available
9. Covenants: Positive and negative obligations of the borrower during the loan term
10. Events of Default: Circumstances that would constitute a default and consequences
11. Payments: Payment mechanics, currency, and timing
12. Changes to Parties: Rules regarding assignment and transfer of rights
13. Notices: Communication methods and contact details
14. Governing Law and Jurisdiction: Confirmation of Nigerian law as governing law and jurisdiction for disputes
1. Security: Details of any security or collateral - include if the loan is secured
2. Guarantee: Terms of any guarantee - include if there are guarantors
3. Tax Gross Up: Provisions for tax payments and withholding - include if tax implications are significant
4. Increased Costs: Provisions for dealing with regulatory changes affecting the lender's costs - include for longer-term loans
5. Multiple Lenders: Provisions governing relationship between multiple lenders - include if more than one lender
6. Agency Provisions: Terms governing the appointment and role of a facility agent - include for syndicated loans
7. Foreign Currency Provisions: Exchange rate provisions - include if loan involves foreign currency
1. Schedule 1 - Conditions Precedent: Detailed list of documents and conditions required before drawdown
2. Schedule 2 - Form of Drawdown Request: Template for borrower to request loan disbursement
3. Schedule 3 - Repayment Schedule: Detailed amortization schedule showing payment dates and amounts
4. Schedule 4 - Form of Transfer Certificate: Template for transferring loan participations
5. Schedule 5 - Security Documents: List and copies of security documents if loan is secured
6. Appendix A - Calculation of Interest: Detailed methodology for interest calculations
7. Appendix B - Form of Compliance Certificate: Template for periodic compliance reporting
Agreement
Authorisation
Available Facility
Business Day
CBN
Change of Control
Commitment
Conditions Precedent
Default
Default Interest
Default Rate
Drawdown Date
Drawdown Notice
Effective Date
Event of Default
Facility
Final Maturity Date
Finance Documents
Financial Indebtedness
Financial Statements
Governmental Authority
Group
Interest Payment Date
Interest Period
Interest Rate
Law
Lender
Loan
Material Adverse Effect
Naira
Note Certificate
Outstanding Principal
Party
Permitted Security
Potential Event of Default
Principal Amount
Relevant Jurisdiction
Repayment Date
Repayment Schedule
Security
Security Documents
Specified Time
Subsidiary
Tax
Transaction Documents
Transfer
Utilisation
Utilisation Date
Facility Terms
Purpose
Availability
Interest
Repayment
Prepayment
Security
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
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
Jurisdiction
Service of Process
Waiver of Immunity
Assignment and Transfer
Costs and Expenses
Indemnities
Currency
Stamp Duty
Tax Gross-up
Illegality
Force Majeure
Anti-Money Laundering
Regulatory Compliance
Banking & Financial Services
Corporate Lending
Real Estate
Manufacturing
Energy & Resources
Infrastructure
Agriculture
Technology
Healthcare
Retail & Consumer
Transportation & Logistics
Telecommunications
Legal
Finance
Treasury
Compliance
Risk Management
Credit
Corporate Secretariat
Operations
Investment
Banking
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Compliance Officer
Risk Manager
Credit Manager
Investment Officer
Corporate Secretary
Finance Manager
Banking Relationship Manager
Loan Officer
Financial Controller
Director of Operations
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