Revolving Credit Promissory Note Template for Germany

1. Security: Required if the facility is secured by any collateral or guarantees

2. Tax Provisions: Include if there are specific tax implications or withholding requirements

3. Assignment and Transfer: Include if the parties want to allow for transfer of the note or the underlying obligations

4. Financial Covenants: Include for corporate borrowers where financial metrics need to be maintained

5. Use of Proceeds: Include if there are restrictions on how the borrowed funds can be used

6. Costs and Expenses: Include if there are specific provisions about who bears various costs

7. Reference Rate Provisions: Include if using EURIBOR or other reference rates, including fallback provisions

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

2. Repayment Schedule: If applicable, schedule of mandatory repayment dates and amounts

3. Calculation of Interest: Detailed methodology for interest calculation and examples

4. Condition Precedent Documents: List of required documents to be provided before first drawdown

5. Contact Details: Detailed contact information for authorized representatives of both parties