The Revolving Credit Facility Agreement serves as the primary documentation for establishing a flexible lending arrangement under Dutch law, commonly used for working capital financing and general corporate purposes. This agreement type is essential for businesses seeking ongoing access to credit with the ability to draw down and repay funds multiple times within an agreed facility limit. The document incorporates specific Dutch legal and regulatory requirements, including compliance with the Financial Supervision Act (Wft) and Dutch Civil Code provisions. It details all aspects of the facility including utilization mechanics, interest calculations, security arrangements, representations and warranties, covenants, and events of default. The agreement is particularly suited for medium to large enterprises requiring regular access to working capital or companies with cyclical business patterns needing flexible financing options.
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), facility agent (if applicable), and security agent (if applicable)
2. Background: Context of the facility and purpose of the agreement
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules
4. The Facility: Core terms of the revolving credit facility including amount, purpose, and availability period
5. Utilisation: Procedures and conditions for drawing down the facility, including notice requirements
6. Repayment and Prepayment: Terms for regular repayment, mandatory and voluntary prepayment provisions
7. Interest: Interest calculation, periods, payment dates, and default interest
8. Fees: Commitment fees, arrangement fees, and other applicable fees
9. Tax Gross Up and Indemnities: Tax-related provisions and associated indemnities
10. Increased Costs: Provisions dealing with changes in costs due to regulatory or legal changes
11. Representations: Borrower's representations and warranties
12. Information Undertakings: Requirements for financial and other information provision
13. General Undertakings: Borrower's positive and negative covenants
14. Events of Default: Circumstances constituting default and consequences
15. Changes to Parties: Transfer and assignment provisions
16. Administration: Role and duties of the facility agent and payment mechanics
17. Notices: Communication requirements and methods
18. Calculations and Certificates: Basis for calculations and evidential value of certificates
19. Governing Law and Enforcement: Choice of law and jurisdiction provisions
1. Security: Required if the facility is secured, detailing security arrangements and enforcement rights
2. Guarantees: Required if there are guarantors, detailing guarantee provisions
3. Accordion Feature: Optional section allowing for facility amount increase under specified conditions
4. Multiple Currencies: Required if the facility can be drawn in multiple currencies
5. Green Loan Provisions: Required for green loans, including use of proceeds and reporting requirements
6. Majority Lenders: Required for syndicated facilities, defining voting rights and decision-making processes
7. Market Disruption: Optional provisions dealing with market disruption events
8. Sanctions and Anti-Corruption: Enhanced compliance provisions for cross-border facilities
1. Conditions Precedent: List of required documents and conditions for initial and subsequent utilization
2. Form of Utilisation Request: Standard form for drawing down the facility
3. Form of Transfer Certificate: Standard form for transfers between lenders
4. Form of Compliance Certificate: Template for periodic compliance certification
5. Existing Security: List of permitted existing security (if applicable)
6. Form of Accession Deed: Standard form for new parties joining the agreement
7. Timetables: Deadlines for notices and payments
8. Financial Covenants: Detailed financial covenant calculations and definitions
9. Form of Quarterly Financial Statements: Template for required financial reporting
10. Contact Details: List of contact persons and addresses for notices
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
