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This Revolving Credit Loan Agreement is designed for use in the Austrian market where a flexible financing arrangement is required. It provides a framework for ongoing borrowing up to a predetermined limit, with the distinctive feature that any repaid amounts can be re-borrowed during the facility period. The agreement is structured to comply with Austrian banking regulations, including the Banking Act (BWG) and Financial Market Anti-Money Laundering Act (FM-GwG), while also incorporating relevant EU regulations. It can be adapted for both corporate and consumer borrowers, with additional protections included for consumer transactions as required by the Austrian Consumer Credit Act (VKrG). The document includes comprehensive provisions for drawdown mechanics, interest calculations, security arrangements (if applicable), and ongoing borrower obligations, making it suitable for both secured and unsecured lending arrangements.

1. Parties: Identification of the lender(s) and borrower(s) with full legal names and addresses

2. Background: Context of the agreement and brief description of the revolving credit facility

3. Definitions and Interpretation: Definitions of key terms and interpretation rules used throughout the agreement

4. The Facility: Details of the revolving credit facility including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before the facility becomes available

6. Drawdown: Procedures and requirements for requesting and making drawdowns

7. Interest: Interest rate calculation, payment periods, and default interest provisions

8. Repayment and Prepayment: Terms for repayment, prepayment rights and obligations

9. Fees and Expenses: All fees payable under the facility and allocation of expenses

10. Representations and Warranties: Statements of fact and assurances given by the borrower

11. Covenants: Positive and negative obligations of the borrower during the facility period

12. Events of Default: Circumstances that constitute default and consequences thereof

13. Changes to Parties: Rules regarding assignment and transfer of rights and obligations

14. Notices: Communication requirements and contact details

15. Calculations and Certificates: Rules regarding calculations and evidential value of certificates

16. Partial Invalidity: Severability provisions if parts of the agreement become invalid

17. Remedies and Waivers: Rights and remedies of the parties and waiver provisions

18. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction provisions