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1. Parties: Identifies the originating lender and participant(s)
2. Background: Describes the underlying loan and the intent to create a participation arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Participation: Details the nature and extent of the participation interest being sold
5. Purchase Price and Payment Terms: Specifies the participation amount and payment mechanics
6. Rights and Obligations of the Participant: Outlines the scope of participant's rights and limitations
7. Administration of the Loan: Details how the underlying loan will be administered
8. Payments and Distributions: Mechanisms for sharing payments received from the borrower
9. Representations and Warranties: Standard representations from both parties
10. Information Rights: Participant's rights to receive information about the underlying loan
11. Standard of Care: Originating lender's duties in administering the loan
12. Regulatory Compliance: Compliance with Indian banking and financial regulations
13. Events of Default: Circumstances constituting default under the participation agreement
14. Termination: Conditions and process for terminating the participation
15. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction
16. Miscellaneous: Standard boilerplate provisions
1. Multiple Participants: Required when there are multiple participants to address inter-participant relationships
2. Risk Retention: Required when regulatory requirements mandate minimum risk retention by originator
3. Security Arrangements: Required when the underlying loan is secured and participation in security needs to be addressed
4. Foreign Exchange Provisions: Required when participation involves cross-border elements or multiple currencies
5. Sub-Participation: Required if sub-participation rights are to be granted
6. Elevation Rights: Optional provisions for converting participation into direct assignment
7. Voting Rights: Detailed provisions about participant's voting rights in loan decisions when enhanced rights are granted
1. Schedule 1 - Loan Details: Details of the underlying loan including borrower, amount, term, interest rate
2. Schedule 2 - Participation Details: Specific details of the participation including percentage, price, and any special terms
3. Schedule 3 - Form of Transfer Certificate: Standard form for documenting the transfer of participation interest
4. Schedule 4 - Administrative Details: Contact details and account information for both parties
5. Schedule 5 - Fee Schedule: Details of any administrative or other fees payable
6. Appendix A - Reporting Requirements: Forms and timeframes for required reporting
7. Appendix B - Compliance Requirements: Specific Indian regulatory compliance requirements
8. Appendix C - Settlement Procedures: Detailed procedures for settlement of payments and distributions
Banking
Financial Services
Investment Management
Corporate Lending
Project Finance
Infrastructure
Real Estate
Manufacturing
Energy
Healthcare
Technology
Legal
Finance
Treasury
Risk Management
Compliance
Credit Administration
Portfolio Management
Banking Operations
Investment
Loan Syndication
Corporate Finance
Chief Financial Officer
Treasury Manager
Credit Risk Manager
Legal Counsel
Compliance Officer
Relationship Manager
Portfolio Manager
Investment Officer
Loan Syndication Manager
Credit Administrator
Risk Officer
Banking Operations Manager
Finance Director
Investment Analyst
Corporate Finance Manager
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