Revolving Agreement Template for Australia

1. Security Arrangements: Required when the facility is secured against assets or requires guarantees

2. Financial Covenants: Include when specific financial metrics need to be maintained by the customer

3. Review and Variation: Include when regular review of facility terms or variation mechanisms are required

4. Special Drawdown Conditions: Include when specific industries or use cases require additional drawdown conditions

5. Insurance Requirements: Include when specific insurance coverage is required as part of the facility

6. Cross-Default Provisions: Include when the facility needs to be linked to other financial arrangements

7. Change of Control: Include for corporate customers where ownership changes may affect the facility

1. Facility Details: Specific terms including credit limit, interest rates, and fee schedule

2. Drawdown Notice: Template form for requesting drawdowns under the facility

3. Conditions Precedent: List of documents and conditions required before first drawdown

4. Compliance Certificate: Template for periodic confirmation of compliance with facility terms

5. Calculation of Financial Covenants: Detailed methodology for calculating any required financial metrics

6. Security Details: Description of any security arrangements and secured assets

7. Permitted Purpose: Detailed description of approved uses for the facility

8. Fee Schedule: Comprehensive list of all applicable fees and charges