The Project Finance Loan Agreement is a sophisticated financing document used in South Africa for large-scale project financing transactions where the loan is primarily secured by the project's assets and cash flows. This agreement is essential when implementing complex infrastructure, energy, or other large-scale development projects where traditional corporate financing is not suitable. The document encompasses detailed provisions regarding facility terms, security arrangements, project oversight, completion tests, and operational requirements, all tailored to comply with South African legislation including the National Credit Act, Companies Act, and relevant sector-specific regulations. It is particularly designed to address the unique aspects of limited-recourse financing where lenders primarily look to the project's revenue-generating capability for repayment.
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.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the lender(s), borrower(s), sponsor(s), and any other key parties to the agreement
2. Background: Description of the project, purpose of the facility, and context of the financing arrangement
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules
4. The Facility: Details of the loan amount, purpose, availability period, and drawdown mechanics
5. Conditions Precedent: Conditions that must be satisfied before the facility becomes available and before each drawdown
6. Drawdown Procedures: Procedures and requirements for requesting and making drawdowns
7. Interest and Fees: Interest calculation, payment dates, default interest, and all applicable fees
8. Repayment and Prepayment: Repayment schedule, voluntary and mandatory prepayment provisions
9. Project Undertakings: Specific undertakings relating to the project, including construction, operation, and maintenance
10. General Undertakings: Standard covenants relating to business conduct, corporate existence, and compliance
11. Representations and Warranties: Standard and project-specific representations and warranties
12. Events of Default: Circumstances constituting default and consequences thereof
13. Security: Description of security package and enforcement rights
14. Project Accounts: Structure and operation of project accounts and cash flow waterfall
15. Changes to Parties: Transfer and assignment provisions
16. Administration: Administrative provisions including notices and calculations
17. Governing Law and Jurisdiction: Choice of law and jurisdiction provisions
1. Intercreditor Provisions: Required when there are multiple lenders or classes of debt to regulate the relationship between different creditors
2. Direct Agreements: Include when step-in rights are required with key project contract counterparties
3. Insurance: Detailed insurance requirements section if not covered in undertakings or separate agreement
4. Technical Adviser Provisions: Required when independent technical oversight is a key feature of the financing
5. Environmental and Social Requirements: Detailed section needed for projects with significant environmental or social impact
6. Government Support: Include when project relies on government guarantees or support
7. Completion Support: Required when sponsor completion support or guarantees are a feature
1. Conditions Precedent: Detailed list of required conditions precedent documents and evidence
2. Form of Drawdown Request: Template for drawdown requests
3. Repayment Schedule: Detailed amortization schedule
4. Project Documents: List and copies of key project documents
5. Form of Transfer Certificate: Template for transfer of loan participations
6. Technical Schedule: Technical specifications and requirements for the project
7. Financial Schedule: Financial ratios, calculations, and reporting requirements
8. Security Documents: Forms of security documents and security creation requirements
9. Insurance Requirements: Detailed insurance requirements and minimum coverage
10. Forms of Reports: Templates for various required reports including construction and operating reports
11. Account Management: Detailed provisions regarding project accounts and cash flow waterfall
12. Hedging Program: Required hedging arrangements and terms
Relevant legal definitions
Abandonment
Account Bank
Accounts Agreement
Additional Cost
Affiliate
Agreed Form
Availability Period
Available Commitment
Available Facility
Break Costs
Business Day
Calculation Date
Calculation Period
Change of Control
Commercial Operation Date
Commitment
Completion Date
Compliance Certificate
Construction Budget
Construction Contract
Construction Period
Cost Overrun
Cost to Complete
Default
Default Interest
Direct Agreement
Disruption Event
Distribution
Drawdown
Drawdown Date
Drawdown Request
DSRA
EPC Contract
Event of Default
Facility
Facility Office
Fee Letter
Final Maturity Date
Finance Documents
Finance Parties
Financial Close
Financial Indebtedness
Financial Model
Financial Year
Force Majeure
Hedge Agreement
Hedging Strategy
Independent Engineer
Initial Test Date
Insurance
Insurance Advisor
Insurance Proceeds
Interest Payment Date
Interest Period
Legal Reservations
Lender
LIBOR
Loan
Lock-Up Event
Majority Lenders
Margin
Material Adverse Effect
O&M Agreement
O&M Contractor
Obligor
Operating Budget
Operating Costs
Permitted Distribution
Permitted Financial Indebtedness
Permitted Security
Project
Project Accounts
Project Agreement
Project Assets
Project Company
Project Costs
Project Documents
Project Site
Qualifying Lender
Quotation Day
Reference Banks
Repeating Representations
Repayment Date
Repayment Instalment
Replacement Lender
Required Insurance
Reserve Accounts
Sanctions
Screen Rate
Security
Security Agent
Security Documents
Security Interest
Sponsor
Sponsor Support Agreement
Tax
Technical Advisor
Technical Description
Term
Termination Date
Test Date
Test Period
Total Commitments
Transaction Documents
Transfer Certificate
Transfer Date
Unpaid Sum
ZAR
Account Bank
Accounts Agreement
Additional Cost
Affiliate
Agreed Form
Availability Period
Available Commitment
Available Facility
Break Costs
Business Day
Calculation Date
Calculation Period
Change of Control
Commercial Operation Date
Commitment
Completion Date
Compliance Certificate
Construction Budget
Construction Contract
Construction Period
Cost Overrun
Cost to Complete
Default
Default Interest
Direct Agreement
Disruption Event
Distribution
Drawdown
Drawdown Date
Drawdown Request
DSRA
EPC Contract
Event of Default
Facility
Facility Office
Fee Letter
Final Maturity Date
Finance Documents
Finance Parties
Financial Close
Financial Indebtedness
Financial Model
Financial Year
Force Majeure
Hedge Agreement
Hedging Strategy
Independent Engineer
Initial Test Date
Insurance
Insurance Advisor
Insurance Proceeds
Interest Payment Date
Interest Period
Legal Reservations
Lender
LIBOR
Loan
Lock-Up Event
Majority Lenders
Margin
Material Adverse Effect
O&M Agreement
O&M Contractor
Obligor
Operating Budget
Operating Costs
Permitted Distribution
Permitted Financial Indebtedness
Permitted Security
Project
Project Accounts
Project Agreement
Project Assets
Project Company
Project Costs
Project Documents
Project Site
Qualifying Lender
Quotation Day
Reference Banks
Repeating Representations
Repayment Date
Repayment Instalment
Replacement Lender
Required Insurance
Reserve Accounts
Sanctions
Screen Rate
Security
Security Agent
Security Documents
Security Interest
Sponsor
Sponsor Support Agreement
Tax
Technical Advisor
Technical Description
Term
Termination Date
Test Date
Test Period
Total Commitments
Transaction Documents
Transfer Certificate
Transfer Date
Unpaid Sum
ZAR
Clauses
Interpretation
Facility Terms
Purpose
Conditions Precedent
Drawdown
Repayment
Prepayment
Interest
Interest Periods
Fees
Tax Gross-Up
Increased Costs
Payments
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
Project Undertakings
Environmental Compliance
Technical Requirements
Construction Obligations
Operation and Maintenance
Insurance
Project Accounts
Cash Waterfall
Security
Enforcement
Changes to Parties
Agency Provisions
Costs and Expenses
Indemnities
Set-off
Calculations
Evidence and Calculations
Amendments and Waivers
Confidentiality
Counterparts
Notices
Language
Severability
Governing Law
Dispute Resolution
Jurisdiction
Waiver of Immunity
Set-off Rights
Force Majeure
Step-in Rights
Change of Control
Material Adverse Change
Events of Default
Acceleration
Anti-corruption
Sanctions Compliance
Exchange Control
Facility Terms
Purpose
Conditions Precedent
Drawdown
Repayment
Prepayment
Interest
Interest Periods
Fees
Tax Gross-Up
Increased Costs
Payments
Representations and Warranties
Information Undertakings
Financial Covenants
General Undertakings
Project Undertakings
Environmental Compliance
Technical Requirements
Construction Obligations
Operation and Maintenance
Insurance
Project Accounts
Cash Waterfall
Security
Enforcement
Changes to Parties
Agency Provisions
Costs and Expenses
Indemnities
Set-off
Calculations
Evidence and Calculations
Amendments and Waivers
Confidentiality
Counterparts
Notices
Language
Severability
Governing Law
Dispute Resolution
Jurisdiction
Waiver of Immunity
Set-off Rights
Force Majeure
Step-in Rights
Change of Control
Material Adverse Change
Events of Default
Acceleration
Anti-corruption
Sanctions Compliance
Exchange Control
Relevant Industries
Infrastructure
Energy
Mining
Real Estate Development
Transportation
Telecommunications
Healthcare
Industrial Development
Renewable Energy
Oil & Gas
Water and Sanitation
Agriculture
Manufacturing
Relevant Teams
Legal
Finance
Treasury
Risk Management
Project Development
Commercial
Operations
Compliance
Technical
Environmental
Corporate Finance
Project Management
Relevant Roles
Chief Financial Officer
Finance Director
Project Finance Manager
Legal Counsel
Project Manager
Risk Manager
Treasury Manager
Commercial Director
Investment Officer
Compliance Officer
Technical Director
Operations Director
Environmental Manager
Contract Manager
Financial Analyst
Project Development Manager
Find the exact document you need
Commercial Loan Contract
A South African law-governed agreement establishing terms for commercial lending between a financial institution and a business borrower.
find out more
Hire Purchase Agreement For Motorcycle
A South African law-governed agreement for the purchase of a motorcycle through installment payments, with ownership retention by the seller until full payment.
find out more
Hire Purchase Agreement Motor Vehicle
A South African law-compliant Hire Purchase Agreement for motor vehicles, governing installment-based vehicle purchases with retention of ownership until final payment.
find out more
Business Investment Loan Agreement
A South African law-governed agreement establishing terms and conditions for a business investment loan, including loan amount, interest rates, repayment terms, and security arrangements.
find out more
Auto Loan Promissory Note
A South African law-governed promissory note documenting a vehicle loan agreement with associated security and payment terms under the National Credit Act.
find out more
Facility Agreement Loan
A South African law-governed agreement establishing terms and conditions for a loan facility, including amount, interest, repayment terms, and security arrangements.
find out more
Computer Equipment Loan Agreement
A South African law-governed agreement for the temporary loan of computer equipment, establishing terms, conditions, and responsibilities between lender and borrower.
find out more
Sellers Finance Agreement
A South African legal agreement where the seller provides direct financing to the purchaser, combining sale and credit terms in compliance with local credit legislation.
find out more
Master Securities Loan Agreement
A South African law-governed agreement establishing terms for securities lending transactions between financial institutions, including collateral, margin, and regulatory requirements.
find out more
Hand Loan Agreement
A South African legal document formalizing a loan agreement between parties, typically for private lending, outlining loan terms and conditions in accordance with local law.
find out more
Co Financing Agreement
A South African law-governed agreement establishing terms and conditions for multiple lenders to jointly provide financing, including rights, obligations, and security arrangements.
find out more
Litigation Funding Agreement
A South African law-governed agreement establishing terms for third-party funding of legal proceedings, including funding commitments, success fees, and risk allocation.
find out more
Owner Finance Vehicle Contract
A South African law-governed agreement combining vehicle sale and owner-provided financing terms, compliant with National Credit Act requirements.
find out more
Loan Facilitation Agreement
A South African law-governed agreement establishing terms between loan facilitators and lenders for loan origination and management services.
find out more
Royalty Financing Agreement
A South African law-governed agreement establishing terms for royalty-based financing, including payment terms, calculations, and regulatory compliance requirements.
find out more
Loan Participation Agreement
A South African law-governed agreement establishing terms for a participant's acquisition of an interest in a loan facility, including risk-sharing and administrative arrangements.
find out more
Overfacility Agreement
A South African law-governed agreement establishing terms for additional credit facilities provided by a financial institution to a borrower beyond existing arrangements.
find out more
Loan And Mortgage Agreement
A South African law-governed agreement establishing terms for a property-secured loan, combining lending provisions with mortgage security arrangements.
find out more
Hire Purchase Agreement For Car
A South African law-governed agreement for the purchase of a vehicle through installment payments, with the seller retaining ownership until full payment is made.
find out more
Film Financing Agreement
A South African law-governed agreement establishing terms and conditions for film production financing, including funding structure, security arrangements, and regulatory compliance requirements.
find out more
Vehicle Payment Plan Agreement
A South African law-compliant agreement governing the purchase of a vehicle through scheduled payments, detailing financial terms and ownership conditions.
find out more
Vehicle Finance Contract
A South African law-compliant agreement for vehicle financing between a credit provider and customer, outlining terms of credit, vehicle details, and security arrangements.
find out more
Undertaking Loan Agreement
South African-compliant loan agreement establishing terms for lending money, including repayment conditions and borrower undertakings.
find out more
Trade Finance Facility Agreement
A South African law-governed agreement establishing terms for trade finance facilities between a financial institution and corporate borrower, including facility structure, utilization, and compliance requirements.
find out more
Seller Financing Real Estate Contract
A South African law-compliant agreement for property sale with seller-provided financing, combining real estate transfer and credit provision terms.
find out more
Master Loan Agreement
A South African law-governed framework agreement establishing terms and conditions for ongoing lending arrangements between a financial institution and borrower.
find out more
Margin Loan Agreement
A South African law-governed agreement establishing terms for lending against securities as collateral, with provisions for margin maintenance and regulatory compliance.
find out more
Installment Loan Agreement
A South African law-governed agreement setting out terms for a loan repayable in installments, compliant with the National Credit Act.
find out more
Financial Support Agreement
A South African law-governed agreement establishing terms for financial support between parties, including payment terms, obligations, and compliance requirements.
find out more
Financial Assistance Agreement
South African law-governed agreement establishing terms for providing financial assistance, compliant with the National Credit Act and financial sector regulations.
find out more
Car Installment Agreement
A South African law-compliant agreement for vehicle purchase through installment payments, detailing financial terms, obligations, and ownership conditions.
find out more
Bridge Financing Agreement
South African law-governed agreement for temporary financing arrangements, typically used as interim funding until permanent financing is secured.
find out more
Auto Finance Contract
South African vehicle financing agreement that establishes terms for vehicle purchase financing under National Credit Act requirements.
find out more
Municipal Lease Purchase Agreement
A South African law-governed agreement enabling municipalities to acquire assets through lease-to-own arrangements while ensuring compliance with municipal finance regulations.
find out more
Vehicle Finance Agreement
A South African law-governed agreement setting out terms for vehicle financing, compliant with the National Credit Act and Consumer Protection Act.
find out more
Loan Payoff Agreement
A South African law-governed agreement that documents the terms and conditions for settling and terminating an existing loan, ensuring compliance with local credit legislation.
find out more
Mortgage Bond Agreement
A South African law-governed security agreement creating a mortgage bond over immovable property to secure a loan or other obligation.
find out more
Master Asset Finance Agreement
A South African law-governed master agreement establishing terms for multiple asset financing transactions between a finance provider and customer.
find out more
Development Credit Agreement
A South African law-governed agreement for providing credit facilities for development projects, incorporating local regulatory requirements and development objectives.
find out more
Small Credit Agreement
A South African law-governed credit agreement for small loans, compliant with the National Credit Act, documenting terms between a credit provider and consumer.
find out more
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
.png)
.png)