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1. Parties: Identification of all parties including the lender(s) and all members of the borrower group
2. Background: Context of the loan agreement and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the total loan amount, individual allocations within the group, and permitted use of funds
5. Interest and Fees: Details of interest rate(s), calculation methods, and any applicable fees
6. Drawdown Conditions: Prerequisites and procedures for accessing the loan funds
7. Repayment Terms: Schedule and methods of repayment, including individual group members' obligations
8. Joint and Several Liability: Provisions establishing the collective responsibility of group members
9. Representations and Warranties: Statements of fact and assurances from the borrower group
10. Covenants: Ongoing obligations and restrictions on borrower group activities
11. Events of Default: Circumstances constituting default and consequences thereof
12. Security: Details of any collateral or security arrangements
13. Governing Law and Jurisdiction: Specification of German law application and jurisdiction for disputes
1. Group Representative: Appointment and powers of a group representative, used when the group designates a specific member to act on behalf of all
2. Individual Exit Provisions: Procedures for individual members leaving the group, used in longer-term loans
3. New Member Accession: Process for adding new members to the borrower group, relevant for flexible group structures
4. Guarantors: Terms relating to third-party guarantors, if applicable
5. Insurance Requirements: Specific insurance obligations, relevant when loan security includes insurable assets
6. Cross-Default Provisions: Terms dealing with defaults under other loans, relevant for borrowers with multiple financing arrangements
7. Tax Provisions: Specific tax-related terms, relevant when tax implications are significant
1. Schedule 1 - Borrower Group Details: Detailed information about each group member including contact details and individual loan allocations
2. Schedule 2 - Repayment Schedule: Detailed amortization schedule showing payment dates and amounts
3. Schedule 3 - Conditions Precedent: List of documents and conditions required before loan drawdown
4. Schedule 4 - Security Details: Specific details of any security or collateral provided
5. Schedule 5 - Form of Drawdown Request: Template for requesting loan disbursements
6. Schedule 6 - Form of Accession Deed: Template for new members joining the borrower group
7. Appendix A - KYC Requirements: Documentation required for compliance with German money laundering regulations
8. Appendix B - Notice Details: Contact information and procedures for formal notices under the agreement
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Documentation
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Banking Operations Manager
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loan Officer
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Financial Controller
Documentation Specialist
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