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1. Parties: Identifies and defines the Lender, Borrower, and any other parties to the agreement
2. Background: Sets out the context and purpose of the facility
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. The Facility: Details the amount, purpose, and basic terms of the loan facility
5. Conditions Precedent: Specifies conditions that must be satisfied before drawdown
6. Drawdown: Sets out the mechanism and requirements for drawing down the facility
7. Interest: Specifies interest rate, calculation method, and payment terms
8. Repayment and Prepayment: Details repayment schedule, prepayment terms, and related conditions
9. Representations and Warranties: Contains borrower's confirmations about their status and capacity
10. Covenants: Sets out positive and negative obligations of the borrower
11. Events of Default: Lists circumstances that trigger default and lender's enforcement rights
12. Fees and Expenses: Details all fees, costs, and expenses payable under the facility
13. Changes to Parties: Addresses assignment and transfer rights
14. Notices: Specifies how formal communications should be made
15. Calculations and Certificates: Establishes basis for calculations and evidential value of certificates
16. Partial Invalidity: Preserves remainder of agreement if parts are invalid
17. Remedies and Waivers: Addresses cumulative nature of rights and effect of waiver
18. Governing Law and Enforcement: Specifies Nigerian law as governing law and enforcement provisions
1. Security: Required when facility is secured - details security arrangements and enforcement rights
2. Guarantee: Required when facility is guaranteed - contains guarantee terms and guarantor obligations
3. Increased Costs: Used for longer-term facilities to address regulatory changes affecting lender's costs
4. Tax Gross Up and Indemnities: Used when tax implications need specific attention, especially with corporate borrowers
5. Currency Provisions: Required for facilities involving foreign currency or multiple currencies
6. Set-off: Optional rights of set-off against borrower's other accounts
7. Multi-borrower Provisions: Required when facility involves multiple borrowers
8. Agency and Trust Provisions: Required for syndicated facilities with multiple lenders
9. Islamic Finance Provisions: Required when facility needs to be Sharia-compliant
1. Conditions Precedent: Detailed list of required documents and conditions
2. Form of Drawdown Request: Template for borrower to request drawdown of facility
3. Repayment Schedule: Detailed schedule of repayment dates and amounts
4. Form of Transfer Certificate: Template for transferring rights/obligations under the facility
5. Security Documents: Forms of security documents or list of security requirements
6. Fees Schedule: Detailed breakdown of all applicable fees
7. Financial Covenants: Detailed financial ratios and calculations
8. Form of Compliance Certificate: Template for periodic compliance certification
9. Existing Security/Indebtedness: List of permitted existing security or indebtedness
Banking
Financial Services
Real Estate
Manufacturing
Agriculture
Oil & Gas
Technology
Telecommunications
Construction
Healthcare
Education
Retail
Infrastructure
Mining
Transportation
Energy
Legal
Finance
Treasury
Risk Management
Compliance
Credit
Corporate Banking
Commercial Banking
Operations
Strategy
Management
Company Secretariat
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Banking Lawyer
Finance Manager
Treasury Manager
Risk Manager
Compliance Officer
Credit Officer
Relationship Manager
Transaction Manager
Company Secretary
Managing Director
Chief Executive Officer
Financial Controller
Account Manager
Loan Officer
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