tiktok成人版

Revolving Credit Facility Agreement for Singapore

Revolving Credit Facility Agreement Template for Singapore

A Revolving Credit Facility Agreement under Singapore law establishes a flexible borrowing arrangement where a lender provides a maximum credit limit that can be repeatedly drawn down, repaid, and redrawn. The agreement is governed by Singapore's robust financial regulatory framework, including the Banking Act and MAS regulations, providing clear structures for enforcement and compliance. It includes detailed provisions for drawdown mechanics, interest calculations, repayment terms, and borrower obligations, tailored to Singapore's commercial banking practices.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Revolving Credit Facility Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Revolving Credit Facility Agreement?

The Revolving Credit Facility Agreement is a crucial financing document used when businesses require flexible access to capital. Under Singapore law, this agreement establishes a credit arrangement where borrowers can draw down funds up to a predetermined limit, repay, and reborrow during the facility term. It is particularly relevant for businesses with cyclical cash flows or varying working capital needs. The document incorporates Singapore's strict regulatory requirements, including MAS guidelines and Banking Act provisions, while providing comprehensive coverage of facility terms, conditions precedent, representations, covenants, and events of default.

What sections should be included in a Revolving Credit Facility Agreement?

1. Parties: Identifies and defines the lender(s) and borrower(s)

2. Background: Sets out the context and purpose of the facility

3. Definitions and Interpretation: Defines key terms and interpretation rules

4. The Facility: Details of the revolving credit facility, including amount and purpose

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

6. Drawdown Mechanics: Process and requirements for utilization

7. Interest and Fees: Interest calculation, payment terms, and applicable fees

8. Repayment and Prepayment: Terms for repayment and voluntary prepayment

9. Representations and Warranties: Standard representations by the borrower

10. Covenants: Positive and negative undertakings

11. Events of Default: Circumstances constituting default and consequences

What sections are optional to include in a Revolving Credit Facility Agreement?

1. Security: Details of any security package (used when facility is secured)

2. Guarantees: Terms of any guarantees (used when guaranteed by third parties)

3. Agency Provisions: Provisions relating to facility agent (used in syndicated facilities)

4. Transfer Provisions: Terms for transfer and assignment (used when transferability is permitted)

What schedules should be included in a Revolving Credit Facility Agreement?

1. Form of Drawdown Request: Standard form for requesting utilization

2. Conditions Precedent Documents: List of required documents

3. Form of Compliance Certificate: Template for periodic compliance certification

4. Repayment Schedule: If applicable for term-out portion

5. Form of Transfer Certificate: For documenting transfers if permitted

6. Security Documents: Forms and details of security documentation if facility is secured

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions






























































Clauses












































Industries

Banking Act (Cap. 19): Primary legislation that regulates banking business and credit facilities in Singapore, including provisions on licensing requirements and credit limits

Monetary Authority of Singapore Act (Cap. 186): Establishes MAS's regulatory authority over financial institutions and contains provisions relevant to credit and banking facilities

Securities and Futures Act (Cap. 289): Applicable when facility involves securities or is secured by securities, containing provisions on collateral arrangements

MAS Notice 612: Regulatory notice on Credit Risk Management issued by the Monetary Authority of Singapore

MAS Notice 635: Regulatory notice on Unsecured Credit Facilities issued by the Monetary Authority of Singapore

Contract Law (Cap. 43): Governs basic principles of contract formation, contractual remedies and enforcement in Singapore

Companies Act (Cap. 50): Regulates corporate borrowing powers and financial assistance provisions

Property Law Act (Cap. 242): Relevant when real property is involved as security for the facility

Bankruptcy Act (Cap. 20): Contains provisions affecting creditor rights and bankruptcy scenarios

Insolvency, Restructuring and Dissolution Act 2018: Modern legislation governing corporate insolvency, restructuring and dissolution matters

Consumer Protection (Fair Trading) Act: Applicable if the facility is provided to individuals, containing fair trading provisions

Personal Data Protection Act 2012: Governs data privacy requirements in handling personal information

MAS Notice 626: Regulatory notice on Anti-Money Laundering and Countering the Financing of Terrorism requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Unsecured Directors Loan Agreement

A Singapore legal document outlining unsecured loan terms between a company and its director.

find out more

Student Loan Agreement

A Singapore legal document outlining terms for educational financing between a student and a financial institution.

find out more

Simple Loan Application Form

A Singaporean legal document for collecting loan applicant information in compliance with local lending regulations.

find out more

Simple Car Loan Agreement

A Singapore legal document standardizing vehicle loan terms, ensuring compliance with regulatory and consumer protection laws.

find out more

Promissory Note Family Loan

A Singapore legal document formalizing family loans, detailing terms and preventing disputes under local law.

find out more

Private Lending Term Sheet

A Singaporean legal document outlining preliminary loan terms and ensuring compliance with local moneylending regulations.

find out more

Personal Loan Receipt

A Singapore legal document recording personal loan terms, ensuring compliance with lending regulations and preventing disputes.

find out more

Payday Loan Contract

A Singapore legal document outlining payday loan terms, ensuring compliance with Moneylenders Act and borrower protections.

find out more

Money Agreement Between Two Parties

A Singaporean legal document outlining terms for a loan agreement between two parties, ensuring compliance and protection.

find out more

Loan Note

A Singapore legal document outlining debt obligations and compliance for various lending transactions.

find out more

Loan Guarantee

A Singapore legal document guaranteeing third-party obligations in corporate and commercial financing arrangements.

find out more

Loan Agreement With Guarantor

A Singapore legal document securing a loan with a guarantor, ensuring repayment under the Moneylenders Act.

find out more

Loan Agreement With Collateral

A Singaporean legal document securing loans with collateral, detailing lender rights and compliance with local regulations.

find out more

Investment Loan Contract

A Singapore legal document standardizing investment loans, ensuring compliance with MAS guidelines and banking regulations.

find out more

Facility Agreement

A Singaporean legal document structuring loan arrangements, ensuring compliance with MAS guidelines and banking regulations.

find out more

Debt Repayment Contract

A Singapore legal document detailing debt repayment terms, ensuring compliance with local laws and interest rate caps.

find out more

Employee Laptop Loan Agreement

A Singapore legal document formalizing employee laptop loans, ensuring compliance with PDPA and asset protection.

find out more

Employee Forgivable Loan Agreement

A Singapore legal document offering forgivable loans to employees, contingent on retention and performance criteria.

find out more

Employee Cash Advance Agreement

A Singapore legal document outlining terms for employee cash advances, ensuring compliance with employment regulations.

find out more

Borrowing Form

A Singapore legal document outlining loan terms, ensuring compliance with local lending regulations.

find out more

Domestic Helper Loan Agreement

A Singapore legal document outlining financial assistance terms for foreign domestic workers, ensuring compliance with MOM guidelines.

find out more

Device Loan Agreement

A Singapore legal template for temporary device loans, ensuring compliance with data protection and electronic transaction laws.

find out more

Company Loan Form

A Singapore corporate document formalizing inter-company loans, ensuring compliance with financial regulations and customizable terms.

find out more

Unsecured Loan Contract

A Singapore-law governed agreement establishing terms for an unsecured loan, compliant with local financial regulations.

find out more

Unregulated Credit Agreement

A Singapore law-governed agreement for unregulated credit arrangements between private parties.

find out more

Small Business Loan Contract

A Singapore-law governed agreement establishing terms for a small business loan, compliant with MAS guidelines and local banking regulations.

find out more

Simple Equipment Borrowing Agreement

A Singapore-law governed agreement establishing terms for temporary equipment borrowing between parties.

find out more

Simple Loan Promissory Note

A legally binding promise to repay a loan, governed by Singapore law, containing essential loan terms and repayment obligations.

find out more

Payment Plan Car Payment Contract

A Singapore-governed contract establishing terms for vehicle purchase financing through scheduled payments, compliant with local banking and consumer protection laws.

find out more

Pari Passu Loan Agreement

A Singapore law-governed loan agreement establishing equal ranking rights among multiple lenders for payment and security enforcement.

find out more

Loan Out Agreement

A Singapore-law governed agreement where a company provides the services of a specific individual to another company, typically used in entertainment and professional services sectors.

find out more

Loan Forgiveness Agreement

A Singapore-governed agreement that releases a borrower from loan repayment obligations, either partially or in full.

find out more

Loan For Use Contract

A Singapore-law governed agreement allowing free temporary use of items with return obligations.

find out more

Loan Facility Letter

A Singapore-law governed document setting out terms and conditions for a loan facility, issued by a financial institution to a borrower.

find out more

Loan And Mortgage Agreement

A Singapore law-governed agreement combining a loan facility with property security through mortgage.

find out more

Loan Agreement Term Sheet

A preliminary document outlining key terms of a proposed loan facility under Singapore law, serving as the basis for a detailed loan agreement.

find out more

Loan Agreement Between Director And Company

A Singapore-law governed agreement documenting a loan from a director to their company, compliant with the Companies Act and corporate governance requirements.

find out more

Loan Agreement Between Company And Individual

A Singapore-law governed agreement between a company and individual for the provision and repayment of a loan, including terms and conditions.

find out more

No Loan Agreement

A Singapore-law governed agreement that formally documents and confirms the absence of any loan arrangement between parties.

find out more

Memorandum Of Loan Agreement

A Singapore-law governed agreement documenting loan terms between lender and borrower, including amount, interest, and repayment conditions.

find out more
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it