tiktok���˰�

The Fee Letter Syndicated Loan is an essential component of syndicated loan documentation, used whenever multiple lenders come together to provide financing to a borrower. This document, governed by German law, operates alongside the main facility agreement and contains confidential information about the commercial terms of the fee arrangements. It typically includes details of arrangement fees, commitment fees, agency fees, and other charges payable by the borrower to the various finance parties. The Fee Letter Syndicated Loan is particularly important in the German market as it must comply with specific requirements under German banking regulations and civil law, including the Kreditwesengesetz (KWG) and Bürgerliches Gesetzbuch (BGB). The document is typically issued by the arrangers and/or agent and addressed to the borrower, setting out the complete fee structure agreed upon for the syndicated facility.

1. Date and Parties: Identification of the Fee Letter date and all relevant parties (Arranger(s), Agent, Lenders, Borrower)

2. Reference to Facility Agreement: Clear reference to the main facility agreement including its date and parties

3. Definitions and Interpretation: Key terms used in the letter, incorporating definitions from the facility agreement

4. Fee Types and Amounts: Detailed specification of each type of fee (e.g., arrangement fee, commitment fee, agency fee) and their amounts

5. Payment Terms: When and how each fee is payable, including payment mechanics and bank account details

6. Non-refundable Nature: Confirmation that fees once paid are non-refundable except as specifically provided

7. Confidentiality: Provisions regarding the confidential nature of the fee arrangements

8. Governing Law and Jurisdiction: Confirmation of German law as governing law and jurisdiction for disputes