¶¶Òõ¶ÌÊÓÆµ

Credit Waiver Template for Switzerland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Credit Waiver

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

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Credit Waiver

"I need a Credit Waiver agreement under Swiss law for Bank ABC AG to waive CHF 2 million in default interest and late payment penalties for a corporate borrower, while maintaining the principal repayment obligations due on March 15, 2025."

Document background
The Credit Waiver is a crucial document used in Swiss banking and financial transactions when a creditor agrees to waive certain rights, payments, or obligations owed by a debtor under an existing credit agreement. This document becomes necessary in various scenarios, such as debt restructuring, financial distress situations, or strategic commercial arrangements. The waiver must comply with Swiss law requirements, particularly the Swiss Code of Obligations and Banking Act, and typically includes specific details about the obligations being waived, any conditions attached to the waiver, and the impact on existing security arrangements. It's commonly used by financial institutions and businesses operating in Switzerland to formally document such arrangements and ensure legal certainty for all parties involved.
Suggested Sections

1. Parties: Identification of the creditor(s) and debtor(s), including full legal names and addresses

2. Background: Context of the original credit agreement and circumstances leading to the waiver

3. Definitions: Key terms used in the agreement, including 'Credit Agreement', 'Waived Obligations', and 'Effective Date'

4. Waiver: Clear specification of the obligations being waived, including amounts, interest, and other charges

5. Conditions Precedent: Any conditions that must be satisfied before the waiver becomes effective

6. Representations and Warranties: Statements of fact by both parties regarding their authority and the accuracy of information provided

7. Reservation of Rights: Specification of rights that are explicitly preserved despite the waiver

8. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes

9. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

Optional Sections

1. Security Interests: Required when the original credit agreement includes collateral or guarantees that need to be addressed

2. Consent of Third Parties: Needed when other creditors or guarantors must consent to the waiver

3. Surviving Obligations: Include when certain obligations will continue despite the waiver

4. Tax Provisions: Required when the waiver has significant tax implications for either party

5. Confidentiality: Include when parties wish to keep the terms of the waiver confidential

6. Release: Optional mutual release of claims related to the waived obligations

Suggested Schedules

1. Schedule 1 - Original Credit Agreement: Copy or details of the credit agreement being modified

2. Schedule 2 - Waived Amounts: Detailed breakdown of all amounts being waived, including principal, interest, and fees

3. Schedule 3 - Remaining Obligations: List of any obligations that continue after the waiver

4. Schedule 4 - Security Documents: List of security documents affected by the waiver, if applicable

5. Appendix A - Calculation of Waived Amounts: Detailed calculations showing how waived amounts were determined

6. Appendix B - Form of Release: Template for any required release documents

Authors

Alex Denne

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

Relevant legal definitions





































Clauses


























Relevant Industries

Banking

Financial Services

Insurance

Corporate Lending

Real Estate

Manufacturing

Retail

Construction

Infrastructure

Energy

Telecommunications

Healthcare

Agriculture

Transportation

Hospitality

Relevant Teams

Legal

Finance

Credit Risk

Corporate Banking

Compliance

Treasury

Risk Management

Restructuring

Corporate Finance

Credit Administration

Debt Recovery

Transaction Management

Relevant Roles

Chief Financial Officer

Finance Director

Credit Risk Manager

Legal Counsel

Corporate Lawyer

Banking Relationship Manager

Credit Officer

Restructuring Officer

Treasury Manager

Financial Controller

Compliance Officer

Risk Management Director

Corporate Banking Manager

Debt Restructuring Specialist

Senior Credit Analyst

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

Online Waiver Form

Swiss law-compliant online waiver form template with electronic consent and data protection provisions for digital execution.

find out more

Conflict Of Interest Waiver

A Swiss law-governed document that facilitates the disclosure, acknowledgment, and waiver of conflicts of interest in professional and business relationships.

find out more

Waiver Application

A formal Swiss law document requesting exemption from specific legal or regulatory requirements, including detailed justification and supporting evidence.

find out more

Immigration Waiver

A legal document under Swiss law where an individual waives specific immigration-related rights or acknowledges immigration conditions and requirements in Switzerland.

find out more

Interview Waiver

A Swiss-law governed document establishing legal parameters and mutual protections for job interviews, aligned with Swiss employment and data protection regulations.

find out more

Waiver Of Liability Agreement

A Swiss law-governed agreement where one party waives their right to hold another party legally liable for specified risks and potential damages, subject to Swiss Code of Obligations limitations.

find out more

Field Trip Waiver

A Swiss-law compliant waiver document for educational field trips, establishing terms and liability releases between schools and parents/guardians.

find out more

Photo Waiver

A Swiss law-governed agreement granting consent and defining terms for the capture and use of photographic images while ensuring compliance with Swiss privacy and data protection requirements.

find out more

Contractor Lien Waiver

A Swiss law document where a contractor waives their statutory right to place a construction lien (Bauhandwerkerpfandrecht) on a property, typically used upon payment receipt.

find out more

Bank Waiver

A Swiss-law governed document authorizing banks to share confidential account information with specified parties, in compliance with Swiss banking secrecy laws.

find out more

Time Waiver

A Swiss law-governed agreement that extends or waives statutory limitation periods for specific claims or obligations, subject to the Swiss Code of Obligations.

find out more

Waiver Of Service

A Swiss law-governed document formalizing the voluntary waiver of rights to receive specific services or service of documents.

find out more

Rush Waiver

A Swiss law-governed liability waiver for rush activities that establishes risk acknowledgment and voluntary acceptance of responsibility by participants.

find out more

Sports Liability Waiver

Swiss-compliant sports liability waiver establishing risk acknowledgment and liability limitations between sports providers and participants under Swiss law.

find out more

Social Media Waiver

A Swiss law-governed waiver establishing permissions for social media content usage, incorporating data protection and personality rights provisions.

find out more

Escape Room Waiver

A Swiss law-governed liability waiver for escape room activities, addressing safety, liability, and participant responsibilities under Swiss regulations.

find out more

Character Waiver

A Swiss law-governed agreement that grants permission for the use and reproduction of a character's likeness and associated intellectual property rights.

find out more

Theft Waiver

A Swiss law-governed agreement where one party waives their right to hold another party liable for theft of specified property under defined circumstances.

find out more

Spousal Waiver

A Swiss law-governed document where one spouse formally waives certain statutory rights relating to property, inheritance, or pension benefits.

find out more

Passport Waiver

A Swiss law-governed document authorizing travel or identification without standard passport documentation, subject to specific conditions and alternative identification requirements.

find out more

Health Waiver

A Swiss-law governed health waiver document outlining risk assumption and consent for medical services, compliant with Swiss federal and cantonal healthcare regulations.

find out more

Waiver Contract

A Swiss law-governed agreement documenting the voluntary relinquishment of specific legal rights or claims, structured in compliance with the Swiss Code of Obligations.

find out more

Credit Waiver

A Swiss law-governed agreement documenting the waiver of specific credit obligations or defaults under an existing credit arrangement.

find out more

Bid Waiver

A Swiss law-compliant document justifying the direct award of a public contract without competitive bidding, based on specific legal exceptions under Swiss procurement legislation.

find out more

Bond Waiver

A Swiss law-governed document that establishes the waiver of specific rights or conditions under bond documentation, ensuring compliance with Swiss financial and contractual law requirements.

find out more

Privacy Waiver

A Swiss law-governed document where an individual voluntarily waives specific privacy rights under FADP/DSG for defined purposes while maintaining core legal protections.

find out more

Personal Trainer Liability Waiver

A Swiss law-governed liability waiver for personal training services, addressing risk management and client safety while ensuring legal compliance.

find out more

Risk Waiver

A Swiss law-governed agreement that documents a participant's acknowledgment and acceptance of risks associated with specific activities, subject to Swiss liability limitation rules.

find out more

Travel Waiver

A Swiss law-governed waiver document for travel activities that establishes liability limitations and risk acknowledgment between service providers and participants.

find out more

Parental Waiver

A Swiss law-governed agreement where parents/guardians waive certain rights and acknowledge risks on behalf of their minor children for specific activities.

find out more

Media Waiver

A Swiss law-governed agreement granting permission for the use of an individual's image, voice, or likeness in media content, ensuring compliance with Swiss privacy and data protection regulations.

find out more

Waiver Agreement

A Swiss law-governed agreement where one party formally relinquishes specific legal rights or claims against another party.

find out more

Cancellation Fee Waiver

A Swiss law-governed agreement that formally waives specified cancellation fees between contracting parties.

find out more

Application Fee Waiver

A Swiss legal document requesting exemption from administrative or institutional fees based on financial hardship, governed by Swiss federal and cantonal law.

find out more

Consent Waiver

A Swiss law-governed document recording the voluntary waiver of specific rights or claims, structured to comply with federal and cantonal requirements.

find out more

General Liability Waiver

A Swiss law-governed liability waiver document that releases parties from legal claims while complying with Swiss Code of Obligations requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.