Bridge Facility Agreement for Philippines

Bridge Facility Agreement Template for Philippines

A Bridge Facility Agreement under Philippine law is a temporary financing arrangement that provides interim funding until a borrower secures permanent financing or implements a long-term financial strategy. The agreement is governed by Philippine banking regulations, particularly the General Banking Law of 2000 and relevant Bangko Sentral ng Pilipinas (BSP) circulars. It includes comprehensive provisions covering facility terms, conditions precedent, drawdown mechanics, interest calculations, repayment obligations, and the transition to permanent financing, all while ensuring compliance with local banking and security regulations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Bridge Facility Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Bridge Facility Agreement?

A Bridge Facility Agreement is used when a company requires immediate financing but expects to secure longer-term funding or complete a significant financial transaction in the near future. In the Philippine context, these agreements must comply with local banking regulations, including the General Banking Law of 2000 and BSP circulars governing interest rates, security arrangements, and foreign exchange transactions if applicable. The document typically includes detailed provisions on facility amount, availability period, interest calculations, conditions precedent, drawdown mechanics, repayment terms, and the process for transitioning to permanent financing. It's particularly relevant for time-sensitive transactions such as acquisitions, refinancing, or project development where immediate funding is crucial but permanent financing arrangements are still being finalized.

What sections should be included in a Bridge Facility Agreement?

1. Parties: Identification of the lender(s), borrower(s) and any guarantors

2. Background: Context of the bridge facility, including the purpose and intended permanent financing

3. Definitions and Interpretation: Definitions of terms used in the agreement and rules of interpretation

4. The Facility: Details of the bridge facility amount, purpose, and availability

5. Conditions Precedent: Conditions that must be satisfied before drawdown

6. Drawdown: Procedures and requirements for drawing down the facility

7. Interest: Interest rate, calculation periods, and payment provisions

8. Repayment and Prepayment: Terms for repayment, including mandatory and voluntary prepayment provisions

9. Permanent Financing: Provisions relating to the arrangement and implementation of permanent financing

10. Representations and Warranties: Standard representations and warranties given by the borrower

11. Covenants: Positive and negative undertakings of the borrower

12. Events of Default: Circumstances constituting default and consequences

13. Changes to Parties: Provisions for transfer and assignment of rights and obligations

14. Administration: Administrative provisions including notices and calculations

15. Governing Law and Jurisdiction: Choice of law and jurisdiction provisions

What sections are optional to include in a Bridge Facility Agreement?

1. Security: Required if the facility is secured by any assets or guarantees

2. Guarantee: Required if there are third-party guarantors

3. Increased Costs: Provisions dealing with changes in regulatory costs, included for regulated lenders

4. Tax Gross Up and Indemnities: Required if tax implications need specific addressing

5. Multiple Lenders: Syndication provisions if multiple lenders are involved

6. Currency Provisions: Required for multi-currency facilities or cross-border transactions

7. Subordination: Required if the bridge facility needs to be subordinated to other debt

8. Anti-corruption Provisions: Enhanced compliance provisions for regulated entities or cross-border deals

What schedules should be included in a Bridge Facility Agreement?

1. Conditions Precedent: Detailed list of required documents and conditions

2. Form of Drawdown Request: Template for borrower to request drawdown

3. Repayment Schedule: Detailed schedule of repayment dates and amounts

4. Form of Compliance Certificate: Template for periodic compliance certification

5. Existing Security: Details of any existing security affecting the borrower

6. Form of Transfer Certificate: Template for transfer of participation

7. Financial Covenants: Detailed financial covenant calculations and thresholds

8. Permanent Financing Terms: Key terms of the intended permanent financing

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Finance Agreement

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Banking & Finance

Corporate Finance

Real Estate & Construction

Infrastructure

Energy

Manufacturing

Technology

Healthcare

Telecommunications

Mining & Resources

Retail & Consumer

Transportation & Logistics

Relevant Teams

Legal

Finance

Treasury

Compliance

Risk Management

Corporate Banking

Credit

Operations

Company Secretarial

Transaction Management

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Corporate Finance Manager

Legal Counsel

Compliance Officer

Risk Manager

Banking Relationship Manager

Credit Risk Officer

Corporate Banking Officer

Loan Officer

Financial Controller

Company Secretary

Transaction Manager

Senior Finance Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Auto Loan Contract

A Philippine-law governed agreement for vehicle purchase financing, establishing loan terms and security arrangements in compliance with local banking and consumer protection regulations.

Download

Commercial Loan Contract

A Philippine law-governed agreement establishing terms and conditions for a commercial loan between a financial institution and a business borrower.

Download

Family Member Loan Agreement

A Philippine law-governed agreement that formalizes loan arrangements between family members, establishing clear terms while maintaining familial relationships.

Download

Business Investment Loan Agreement

A Philippine law-governed agreement establishing terms for a business investment loan between a financial institution and corporate borrower, including loan terms, security arrangements, and regulatory compliance requirements.

Download

Legal Financial Agreement Between Two Parties

A Philippine law-governed agreement establishing financial obligations between two parties, incorporating local regulatory requirements and transaction frameworks.

Download

Diy Loan Agreement

A comprehensive loan agreement template for use in the Philippines, ensuring compliance with local lending laws while protecting both lender and borrower interests.

Download

Employees Loan Agreement

A Philippine law-compliant agreement establishing terms and conditions for an employer-provided loan to an employee, including repayment through salary deductions.

Download

Model Loan Agreement

Standard loan agreement template compliant with Philippine law and banking regulations, suitable for various lending transactions.

Download

Master Securities Loan Agreement

A Philippine law-governed framework agreement for securities lending transactions between financial institutions, establishing terms for multiple securities loans.

Download

Film Equity Investment Agreement

A Philippine-law governed agreement establishing terms for equity investment in a film project, including investment structure, rights, and profit sharing arrangements.

Download

Interest Loan Agreement

A Philippine law-governed agreement establishing terms for a loan with interest, including principal amount, interest rates, repayment terms, and security arrangements.

Download

Co Financing Agreement

A legal agreement under Philippine law establishing terms for multiple parties to jointly finance a project, including rights, obligations, and coordination mechanisms between co-financiers.

Download

Loan And Guarantee Agreement

A Philippine law-governed agreement establishing terms for a loan facility and associated guarantee, combining lending terms with guarantee obligations under Philippine banking regulations.

Download

Mortgage Loan Assumption Agreement

A Philippine law-governed agreement that enables the transfer of mortgage loan obligations from an original borrower to an assuming party, outlining terms, conditions, and obligations of all parties involved.

Download

Deed Of Accession Loan Agreement

A Philippine law-governed deed that enables a new party to join and become bound by an existing loan agreement's terms and conditions.

Download

Co Borrower Loan Agreement

A Philippine law-governed agreement establishing joint liability between multiple borrowers for a loan, detailing terms, obligations, and shared responsibilities.

Download

Bridge Loan Contract

A Philippine law-governed agreement establishing terms for temporary financing through a bridge loan, ensuring compliance with local banking regulations while securing interim funding needs.

Download

Undertaking Loan Agreement

A Philippine law-governed loan agreement specifying terms, conditions, and obligations between lender and borrower, compliant with local banking regulations.

Download

Trade Finance Agreement

A Philippine law-governed agreement establishing trade finance facilities between a bank and borrower, setting out facility terms, security arrangements, and regulatory compliance requirements.

Download

Separation Financial Agreement

A Philippine law-governed agreement that formalizes the financial arrangements and asset division between separating spouses.

Download

Project Finance Contract

A Philippine law-governed financing agreement for large-scale infrastructure or development projects, establishing terms for project financing, security arrangements, and implementation requirements.

Download

Margin Loan Agreement

A Philippine law-governed agreement establishing terms for loans secured by securities as collateral, including margin requirements and enforcement provisions.

Download

Loan Swap Agreement

A Philippine law-governed agreement enabling the exchange of loan payment obligations between parties, including interest rate and/or currency swaps, with compliance to local banking regulations.

Download

Loan Borrower Agreement

A Philippine law-governed agreement establishing terms and conditions for a loan between a lender and borrower, ensuring compliance with local banking and financial regulations.

Download

Friends And Family Loan Agreement

A Philippine law-governed agreement that formalizes and documents loan arrangements between family members or friends, establishing clear terms and protecting both parties' interests.

Download

Financing Contract Agreement

A Philippine law-governed agreement establishing terms and conditions for a financing arrangement between lender and borrower, including facility details, security, and regulatory compliance requirements.

Download

Debt Agreement Loans

A Philippine law-governed agreement establishing loan terms between lender and borrower, including amount, interest, repayment schedule, and security arrangements.

Download

Car Mortgage Agreement

A Philippine law-governed agreement establishing a security interest in a vehicle as collateral for a loan, detailing financing terms and parties' obligations.

Download

Car Installment Agreement

A Philippine law-governed agreement establishing terms for vehicle purchase through installment payments, including financing terms, ownership rights, and party obligations.

Download

Business Loan Contract

A Philippine law-governed agreement establishing terms and conditions for a business loan between a financial institution and a business entity.

Download

Bridge Facility Agreement

A temporary financing arrangement under Philippine law providing interim funding until permanent financing is secured, subject to local banking regulations and BSP requirements.

Download

Installment Loan Agreement Promissory Note

A Philippine law-governed combined installment loan agreement and promissory note that establishes loan terms, repayment schedules, and security arrangements.

Download

Commercial Finance Agreement

A Philippine law-governed agreement establishing terms and conditions for commercial financing between a lender and corporate borrower.

Download

Mortgage Bond Agreement

A Philippine law-governed agreement establishing terms for issuing bonds secured by real estate mortgage, detailing security interests, bond terms, and regulatory compliance requirements.

Download

Master Asset Finance Agreement

A Philippine law-governed master agreement establishing terms for multiple asset-based financing transactions between financier and borrower.

Download

Car Loan Security Agreement

A Philippine-law governed security agreement creating a lender's security interest over a financed vehicle, incorporating mandatory consumer protection provisions and disclosure requirements.

Download

Small Business Loan Agreement

A Philippine-law governed agreement establishing terms and conditions for lending to small businesses, including loan terms, security arrangements, and regulatory compliance requirements.

Download

Recourse Loan Agreement

A Philippine law-governed loan agreement giving the lender rights to pursue the borrower's assets beyond collateral in case of default.

Download

Loan Agreement Between Lender Borrower And Guarantor

A Philippine law-governed agreement establishing loan terms between lender, borrower, and guarantor, including loan conditions, guarantor obligations, and security provisions.

Download

Loan Amortization Agreement

A Philippine-compliant agreement detailing loan terms and structured repayment schedules through regular amortization installments.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are 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

2 Docs LeftAccess Now