This Large Credit Agreement template is designed for use in significant financing transactions under Dutch law, typically involving loan amounts exceeding €50 million. It serves as the primary documentation for corporate lending transactions, acquisition financing, or large-scale project financing. The agreement incorporates requirements under Dutch financial regulations, including the Financial Supervision Act (Wft) and Dutch Civil Code, while maintaining compatibility with international banking practices. It is particularly suited for transactions involving multiple lenders, complex security structures, and sophisticated corporate borrowers. The document includes comprehensive provisions for facility terms, conditions precedent, representations and warranties, covenants, and events of default, all tailored to comply with Dutch legal requirements and market standards.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identification of the lender(s), borrower(s), and any guarantors
2. Background: Context of the credit facility and purpose of the agreement
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules
4. The Facility: Details of the credit facility including amount, purpose, and availability period
5. Conditions Precedent: Conditions that must be satisfied before drawdown
6. Drawdown: Procedures and requirements for utilizing the facility
7. Repayment: Terms of repayment including schedule, prepayment provisions, and mandatory prepayment events
8. Interest: Interest calculation, periods, payment dates, and default interest
9. Fees: All applicable fees including arrangement, commitment, and prepayment fees
10. Tax Gross Up and Indemnities: Tax-related provisions and associated indemnities
11. Increased Costs and Illegality: Provisions dealing with changes in law or circumstances affecting the facility
12. Representations and Warranties: Borrower's confirmations regarding its status and capacity
13. Information Undertakings: Borrower's obligations to provide financial and other information
14. General Undertakings: Borrower's positive and negative covenants
15. Financial Covenants: Financial ratios and tests the borrower must maintain
16. Events of Default: Circumstances constituting default and consequences
17. Changes to Parties: Provisions regarding assignments, transfers, and syndication
18. Administration: Operational aspects including payments, calculations, and notices
19. Governing Law and Enforcement: Choice of law and jurisdiction provisions
1. Security: Required if the facility is secured, detailing security package and enforcement rights
2. Guarantee: Required if there are guarantors, containing guarantee terms and limitations
3. Subordination: Include when there are multiple creditors requiring ranking of claims
4. Bank Accounts: Required if specific account structure or cash management system is needed
5. Hedging: Include if interest rate or currency hedging is mandatory
6. Parallel Debt: Required under Dutch law if security is held by a security trustee
7. Multi-currency Provisions: Include if facility can be drawn in multiple currencies
8. Accordion Feature: Include if facility amount can be increased
9. Green Loan Provisions: Include if facility has sustainability-linked features
1. Conditions Precedent: Detailed list of required documents and conditions
2. Form of Drawdown Request: Template for borrower to request utilization
3. Form of Transfer Certificate: Template for transferring commitments/loans
4. Repayment Schedule: Detailed amortization schedule if term loan
5. Financial Covenants Calculations: Detailed calculations and definitions for financial covenants
6. Form of Compliance Certificate: Template for periodic compliance certification
7. Security Documents: List and copies of security documentation
8. Existing Security and Financial Indebtedness: Details of permitted existing arrangements
9. Form of Accession Deed: Template for additional parties joining
10. Address Details: Contact details for notices
11. Form of Assignment Agreement: Template for assigning rights under the agreement
Authors
Find the document you need
Large Credit Agreement
Dutch law-governed credit facility agreement establishing terms for large-scale financing, incorporating local regulatory requirements and international banking standards.
Download
Revolving Credit Facility Agreement
Dutch law-governed agreement establishing a revolving credit facility with flexible draw-down and repayment terms.
Download
Supplier Credit Agreement
Dutch law-governed agreement establishing terms for supplier-extended credit facilities to business customers, including payment terms, security, and compliance requirements.
Download
Employee Credit Card Agreement
A Dutch law-governed agreement establishing terms and conditions for employee use of company credit cards, including rights, responsibilities, and compliance requirements.
Download
Debt Forgiveness Agreement
A Dutch law-governed agreement that formally documents the cancellation of debt obligations between a creditor and debtor, including terms, conditions, and legal implications.
Download
Senior Facilities Agreement
Dutch law-governed syndicated loan agreement establishing terms for senior debt facilities, including key financing terms, security arrangements, and regulatory requirements.
Download
Credit Loan Agreement
A Dutch law-governed agreement establishing terms and conditions for a credit loan between a lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
Download
Revolving Credit Agreement
Dutch law-governed agreement establishing a revolving credit facility with flexible draw-down and repayment terms.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
