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1. Parties: Identification of the bank/financial institution (as issuer) and the customer (as applicant)
2. Background: Context of the facility arrangement and business relationship
3. Definitions: Key terms used throughout the agreement, including banking and trade finance terminology
4. Facility Details: Core terms including facility limit, purpose, and validity period
5. Conditions Precedent: Requirements to be satisfied before the facility becomes available
6. Issuance Mechanics: Procedures for requesting and issuing letters of credit
7. Fees and Commissions: All applicable charges, margins, and payment terms
8. Security Arrangements: Details of collateral, cash margin requirements, and other security
9. Representations and Warranties: Standard declarations by the customer about their business and capacity
10. Covenants: Ongoing obligations of the customer during the facility period
11. Events of Default: Circumstances that would constitute breach and trigger remedial actions
12. Bank's Rights and Remedies: Actions the bank can take in case of default or breach
13. Communications: Methods and requirements for notices and instructions
14. Governing Law and Jurisdiction: Specification of Dutch law and competent courts
1. Syndication Provisions: Required when the facility may be syndicated to other banks
2. Islamic Banking Provisions: Needed for Shariah-compliant letter of credit facilities
3. Parent Company Guarantee: Include when parent company support is required
4. Sanctions and Export Control: Detailed provisions for high-risk jurisdictions or industries
5. Multi-currency Provisions: Required when LCs can be issued in multiple currencies
6. Counter-Indemnity: Additional indemnity provisions for complex trade structures
7. Branch Network Provisions: When LCs can be issued through multiple bank branches
1. Facility Limits and Sub-limits: Detailed breakdown of facility limits by type and currency
2. Fee Schedule: Comprehensive list of all applicable fees and charges
3. Form of LC Application: Standard format for requesting issuance of letters of credit
4. Security Documents: List and copies of all security documentation
5. Authorized Signatories: List of persons authorized to request LCs and their specimen signatures
6. Conditions Precedent Documents: Checklist of required documents and evidence
7. Compliance Requirements: Detailed KYC and compliance documentation requirements
8. Standard Forms: Templates for various notices and requests under the facility
Applicable Margin
Application
Authorization
Available Facility
Banking Day
Beneficiary
Break Costs
Business Day
Cash Margin
Commitment
Compliance Certificate
Conditions Precedent
Confirming Bank
Default
Default Interest
Disruption Event
Documentary Credit
Dutch Civil Code
EURIBOR
Event of Default
Facility
Facility Limit
Facility Period
Fee Letter
Finance Documents
Financial Indebtedness
Financial Statements
Force Majeure Event
Group
Guarantee
Increased Costs
Issuing Bank
Letter of Credit
LIBOR
Material Adverse Effect
Negotiating Bank
Permitted Security
Potential Default
Presenting Bank
Prohibited Person
Quotation Day
Reference Banks
Reimbursement Obligation
Related Rights
Relevant Jurisdiction
Renewal Request
Repeating Representations
Sanctioned Country
Security
Security Documents
Security Period
Specified Time
Sub-limit
Subsidiary
Tax
Total Commitments
Trade Finance Documents
UCP 600
Unpaid Sum
Utilization
Utilization Date
Utilization Request
VAT
Wft
Conditions Precedent
Security
Representations and Warranties
Utilization
Fees and Costs
Payment Mechanics
Interest
Tax Gross-up and Indemnities
Increased Costs
Set-off
Covenants
Information Undertakings
Financial Covenants
Events of Default
Changes to Parties
Confidentiality
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Amendments and Waivers
Counterparts
Governing Law
Enforcement
Jurisdiction
Service of Process
Force Majeure
Anti-Money Laundering
Sanctions Compliance
Data Protection
Assignment and Transfer
Third Party Rights
Entire Agreement
Severability
Indemnification
Currency Provisions
Documentary Requirements
Operational Procedures
Banking and Financial Services
International Trade
Manufacturing
Import/Export
Wholesale and Distribution
Retail
Energy and Commodities
Construction
Agriculture
Shipping and Logistics
Legal
Finance
Treasury
Trade Finance
Risk Management
Compliance
Commercial Operations
Supply Chain
Credit Control
International Banking
Chief Financial Officer
Treasury Manager
Trade Finance Manager
Finance Director
Import/Export Manager
Credit Controller
Risk Manager
Commercial Director
Legal Counsel
Compliance Officer
Banking Relationship Manager
Documentary Credits Specialist
Financial Controller
Supply Chain Manager
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