Facility Loan Agreement Template for Philippines

1. Parties: Identification of the Lender and Borrower with complete details as required under Philippine law

2. Background: Context of the loan facility, purpose, and basic commercial understanding

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

4. The Facility: Details of the loan facility including amount, purpose, and availability period

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

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

7. Interest: Interest rate, calculation method, and payment dates, complying with Philippine interest rate regulations

8. Repayment: Terms and schedule of repayment, including prepayment provisions

9. Fees and Expenses: All fees payable under the facility and allocation of expenses

10. Representations and Warranties: Standard and transaction-specific representations and warranties

11. Covenants: Positive and negative covenants of the borrower

12. Events of Default: Circumstances constituting default and consequences

13. Changes to Parties: Assignment and transfer provisions

14. Administration: Administrative provisions including notices and calculations

15. Governing Law and Jurisdiction: Philippine law as governing law and jurisdiction provisions

1. Schedule 1 - Conditions Precedent Documents: List of required documents and conditions to be satisfied before first drawdown

2. Schedule 2 - Form of Drawdown Request: Template for borrower to request drawdown of the facility

3. Schedule 3 - Repayment Schedule: Detailed amortization schedule if term loan

4. Schedule 4 - Form of Transfer Certificate: Template for transferring loan participations

5. Schedule 5 - Form of Compliance Certificate: Template for periodic compliance reporting

6. Schedule 6 - Permitted Security: List of security interests permitted under the agreement

7. Schedule 7 - Existing Financial Indebtedness: List of borrower's existing debt obligations

8. Appendix A - Truth in Lending Disclosure: Mandatory disclosure under Philippine Truth in Lending Act

9. Appendix B - Calculation of Interest and Fees: Detailed methodology for calculating interest and fees

10. Appendix C - Security Documents: Forms of security documents if secured facility