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1. Parties: Details of the Lender and Borrower, including full legal names, company registration numbers, and addresses
2. Background: Brief context of the proposed loan facility and its purpose
3. Definitions: Key terms used throughout the term sheet
4. Facility Type and Amount: Type of loan facility and the total amount to be provided
5. Purpose: Specified purpose(s) for which the loan proceeds may be used
6. Interest Rate: Interest rate structure, including base rate and margin
7. Term and Repayment: Duration of the loan and repayment schedule
8. Security: Overview of security to be provided by the Borrower
9. Conditions Precedent: Conditions that must be satisfied before drawdown
10. Fees: All applicable fees including arrangement, commitment, and processing fees
11. Key Covenants: Principal financial and non-financial covenants
12. Events of Default: Summary of key events of default
13. Confidentiality: Binding confidentiality obligations regarding the term sheet
14. Non-Binding Nature: Statement clarifying the non-binding nature of the term sheet (except for specific clauses)
15. Governing Law: Specification of New Zealand law as governing law
1. Hedging Requirements: Required where interest rate or currency hedging is necessary
2. Syndication Rights: Include when the lender may want to syndicate the loan
3. Group Structure: Necessary for complex corporate borrower structures
4. Insurance Requirements: Detailed insurance requirements for specific asset types
5. Intercreditor Provisions: Required when there are multiple lenders or existing security holders
6. Material Adverse Change: Specific provisions for market or borrower-specific adverse changes
7. Environmental Compliance: Required for industries with significant environmental impacts
8. Guarantor Requirements: Include when guarantees are part of the security structure
1. Schedule 1 - Facility Limits and Pricing: Detailed breakdown of facility amounts, sub-limits, and pricing components
2. Schedule 2 - Security Package Details: Comprehensive list of security items and their key terms
3. Schedule 3 - Financial Covenants Calculations: Detailed formulae for financial covenant calculations
4. Schedule 4 - Drawdown Schedule: Proposed drawdown timeline and conditions
5. Schedule 5 - Required Insurance: Specific insurance requirements and minimum coverage amounts
6. Appendix A - Corporate Structure Chart: Diagram showing the corporate structure of the borrower group
7. Appendix B - Financial Model Summary: Key outputs from the financial model supporting the loan
8. Appendix C - Asset Schedule: Detailed list of assets being provided as security
Banking and Financial Services
Real Estate
Manufacturing
Retail
Technology
Agriculture
Construction
Healthcare
Hospitality
Transportation and Logistics
Energy
Mining
Professional Services
Education
Telecommunications
Legal
Finance
Treasury
Credit
Risk Management
Compliance
Corporate Banking
Commercial Banking
Executive Leadership
Business Development
Investment
Operations
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Banker
Relationship Manager
Credit Analyst
Risk Manager
Legal Counsel
Corporate Lawyer
Managing Director
Chief Executive Officer
Financial Controller
Business Development Manager
Commercial Director
Investment Manager
Compliance Officer
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