Line Of Credit Loan Agreement Template for Philippines

1. Security Arrangements: Required when the facility is secured by collateral, detailing the security structure and enforcement rights

2. Guarantees: Included when there are third-party guarantors for the facility

3. Insurance Requirements: Required when specific insurance coverage is mandatory for the facility

4. Electronic Banking Provisions: Included when online banking facilities are part of the agreement

5. Foreign Exchange Provisions: Required when the facility involves multiple currencies

6. Increased Costs and Tax Provisions: Detailed provisions needed for larger facilities or when tax implications are significant

7. Anti-Money Laundering Provisions: Detailed AML provisions required for higher-risk or larger facilities

1. Schedule 1 - Facility Terms: Details specific terms including credit limit, interest rates, fees, and calculation methods

2. Schedule 2 - Conditions Precedent Documents: Lists all required documentation for facility activation

3. Schedule 3 - Drawdown Notice Form: Template for drawdown requests

4. Schedule 4 - Compliance Certificate: Template for periodic compliance certification

5. Schedule 5 - Security Details: Details of any collateral or security arrangements if applicable

6. Schedule 6 - Permitted Security Interests: List of pre-approved security interests if applicable

7. Appendix A - Interest and Fee Calculations: Detailed examples of interest and fee calculations

8. Appendix B - Required Financial Covenants: Specific financial ratios and calculations required for compliance