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The Facility Loan Agreement is a fundamental document in banking and finance transactions under Maltese law, used when a lender extends credit facilities to a borrower. This agreement type is essential for documenting various forms of financing, from simple bilateral loans to complex syndicated facilities. The document must comply with Malta's robust financial services regulatory framework, including the Banking Act (Chapter 371) and Financial Institutions Act (Chapter 376), while also adhering to relevant EU regulations. A Facility Loan Agreement typically includes detailed provisions covering facility terms, conditions precedent, utilization mechanics, repayment obligations, security arrangements (if applicable), representations, warranties, and covenants. It serves as the primary contractual framework governing the lending relationship and is crucial for risk management and regulatory compliance in Malta's financial sector.

1. Parties: Identification of the Lender(s), Borrower(s), and any other parties to the agreement

2. Background: Context of the facility and purpose of the loan

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

4. The Facility: Details of the facility amount, purpose, and availability

5. Conditions Precedent: Conditions that must be satisfied before drawdown

6. Utilisation: Process and requirements for drawing down the facility

7. Repayment: Terms of repayment including scheduled repayments and final maturity

8. Prepayment and Cancellation: Provisions for voluntary and mandatory prepayment and facility cancellation

9. Interest: Interest calculation, periods, and payment provisions

10. Fees: All fees payable under the facility including arrangement fees and commitment fees

11. Tax Gross Up and Indemnities: Tax-related provisions and associated indemnities

12. Representations and Warranties: Borrower's representations and warranties

13. Information Undertakings: Borrower's obligations to provide financial and other information

14. Financial Covenants: Financial ratios and other financial commitments the borrower must maintain

15. General Undertakings: General positive and negative covenants of the borrower

16. Events of Default: Circumstances constituting default and consequences

17. Changes to Parties: Provisions regarding assignments and transfers

18. Administration: Administrative provisions including payment mechanics and calculations

19. Notices: Communication requirements and contact details

20. Governing Law and Enforcement: Choice of Maltese law and jurisdiction provisions