Model Credit Agreement Template for Canada

1. Syndication Provisions: Required for syndicated loans involving multiple lenders

2. Guarantees: Include when third-party guarantees are part of the credit structure

3. Currency Provisions: Required for multi-currency facilities

4. Increased Costs and Tax Gross-Up: Include for cross-border lending or when regulatory changes may affect costs

5. Market Disruption: Include for facilities with floating interest rates

6. Assignment and Transfer: Detailed provisions for when lender transferability is important

7. Accordion Feature: Include when facility may be increased under specified conditions

8. Environmental Compliance: Include for borrowers in environmentally sensitive industries

9. Inter-creditor Provisions: Required when multiple creditor groups are involved

1. Schedule A - Drawdown Notice: Form of notice for requesting drawdowns

2. Schedule B - Repayment Schedule: Detailed amortization or repayment schedule

3. Schedule C - Security Documents: List and copies of all security documents

4. Schedule D - Conditions Precedent Documents: List of required documents and conditions

5. Schedule E - Financial Covenants Calculations: Detailed methodology for calculating financial covenants

6. Schedule F - Permitted Liens: List of pre-approved security interests

7. Schedule G - Compliance Certificate: Form of periodic compliance certification

8. Schedule H - Existing Indebtedness: List of borrower's existing debt obligations

9. Appendix 1 - Lender Commitments: Breakdown of commitments for syndicated facilities

10. Appendix 2 - Forms of Transfer Documents: Standard forms for loan participation transfers