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Master Restructuring Agreement
"Need a Master Restructuring Agreement under Singapore law for a manufacturing company with $50M in debt across multiple facilities, involving three main bank creditors and requiring implementation by March 2025."
1. Parties: Identification of all parties involved in the restructuring
2. Background: Context of the restructuring, existing arrangements, and reason for restructuring
3. Definitions: Key terms used throughout the agreement
4. Restructuring Plan: Detailed outline of the proposed restructuring steps
5. Implementation Timeline: Schedule of restructuring milestones and deadlines
6. Conditions Precedent: Prerequisites before restructuring becomes effective
7. Financial Terms: Details of debt restructuring, payment terms, interest rates
8. Representations and Warranties: Standard declarations by parties
9. Governing Law and Jurisdiction: Confirmation of Singapore law and courts' jurisdiction
1. Intercreditor Provisions: Required when multiple creditors are involved to establish priorities and relationships between different classes of creditors
2. Security Arrangements: Details of any new or amended security structure when secured debt is being restructured
3. Employee Matters: Treatment of employee claims and contracts when restructuring affects employment terms
4. Tax Provisions: Special tax considerations or arrangements when tax implications are significant to the restructuring
1. Existing Facilities Schedule: Details of all existing debt facilities being restructured
2. Security Documents Schedule: List of all security documents affected by restructuring
3. Implementation Steps Plan: Detailed sequence of restructuring actions
4. Form of Notices: Template notices required during restructuring process
5. Financial Projections: Post-restructuring financial forecasts
6. Creditor Claims Schedule: Detailed breakdown of creditor claims and treatment
Authors
Additional Facility
Affiliate
Agent
Approved Restructuring Plan
Available Commitment
Business Day
Company
Completion Date
Conditions Precedent
Creditor
Default
Default Interest
Effective Date
Enforcement Action
Event of Default
Existing Facilities
Existing Facility Agreement
Existing Security
Finance Documents
Financial Indebtedness
Group
Implementation Steps
Insolvency Event
Intercreditor Agreement
Interest Period
Long Stop Date
Material Adverse Effect
New Money Facility
Obligor
Permitted Security
Qualifying Lender
Restructured Facilities
Restructuring Documents
Restructuring Effective Date
Restructuring Fee
Restructuring Period
Secured Obligations
Security
Security Agent
Security Documents
Standstill Period
Step Plan
Subsidiary
Transaction Documents
Transaction Security
Utilisation
Working Capital Facility
Conditions Precedent
Restructuring Implementation
Debt Restructuring Terms
Moratorium
New Money Provisions
Security Arrangements
Intercreditor Provisions
Representations and Warranties
Covenants
Information Undertakings
Financial Covenants
General Undertakings
Events of Default
Acceleration Rights
Payment Mechanics
Set-off
Costs and Expenses
Indemnities
Amendments and Waivers
Assignment and Transfer
Confidentiality
Notices
Calculations and Certificates
Partial Invalidity
Remedies and Waivers
Counterparts
Third Party Rights
Governing Law
Enforcement
Jurisdiction
Service of Process
Standstill Provisions
Voting Rights
Information Sharing
Step Plan Implementation
Tax Provisions
Release Mechanics
Further Assurance
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