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1. Parties: Identification of the lender, borrower, and SBLC issuing bank
2. Background: Context of the transaction, purpose of the credit facility, and relationship between parties
3. Definitions: Definitions of key terms used throughout the agreement, including banking, SBLC, and financial terms
4. Credit Facility: Details of the credit facility including amount, purpose, availability period, and drawdown conditions
5. SBLC Security Arrangement: Terms and conditions of the SBLC, including form, content, and maintenance requirements
6. Interest and Fees: Interest rate, calculation method, payment dates, and all applicable fees
7. Repayment Terms: Repayment schedule, prepayment provisions, and payment mechanics
8. Conditions Precedent: Conditions that must be satisfied before the facility becomes available
9. Representations and Warranties: Standard and transaction-specific representations by the borrower
10. Covenants: Positive and negative undertakings of the borrower
11. Events of Default: Circumstances constituting default and consequences thereof
12. SBLC Drawing Conditions: Circumstances and procedures for drawing under the SBLC
13. Governing Law and Jurisdiction: Confirmation of German law governance and jurisdiction provisions
1. Security Documents: Required when additional security beyond the SBLC is provided
2. Tax Provisions: Detailed tax clauses needed when cross-border elements create significant tax implications
3. Currency Provisions: Required when facility is provided in multiple currencies or involves currency conversion
4. Agency Provisions: Needed when multiple lenders are involved requiring an agent bank structure
5. Market Disruption: Provisions dealing with market disruption events, required in volatile market conditions
6. Increased Costs: Provisions addressing regulatory changes affecting lender's costs, important in long-term facilities
7. Assignment and Transfer: Detailed provisions needed when parties want flexibility to transfer rights/obligations
1. Form of SBLC: Template or required format of the Standby Letter of Credit
2. Form of Drawdown Request: Template for borrower to request drawdown under the facility
3. Repayment Schedule: Detailed schedule of repayment dates and amounts
4. Conditions Precedent Documents: List of required documents and evidence for conditions precedent
5. Fee Schedule: Detailed breakdown of all fees and charges
6. Form of Compliance Certificate: Template for periodic compliance certification by borrower
7. Notice Details: Contact details and notice requirements for all parties
8. Form of SBLC Drawing Notice: Template for notice of drawing under the SBLC
Banking & Financial Services
International Trade
Manufacturing
Infrastructure
Energy
Construction
Transportation
Heavy Industry
Telecommunications
Mining & Resources
Legal
Finance
Treasury
Trade Finance
Risk Management
Corporate Banking
Credit Administration
Compliance
International Banking
Documentation
Chief Financial Officer
Treasury Manager
Trade Finance Manager
Corporate Finance Director
Banking Relationship Manager
Credit Risk Officer
Legal Counsel
Finance Director
Corporate Treasurer
Trade Finance Operations Manager
Structured Finance Manager
Banking & Finance Attorney
Commercial Director
Risk Management Officer
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