Credit Facilities Agreement Template for Hong Kong

1. Security: Required if the facility is secured - details of security arrangements and enforcement rights

2. Guarantee: Required if there are guarantors - terms of guarantee and indemnity

3. Syndication Provisions: Required for syndicated facilities - includes majority lender decisions and agent provisions

4. Market Disruption: Required for HIBOR-based facilities - provisions dealing with market disruption events

5. Increased Costs and Tax Gross-Up: Required for corporate borrowers - provisions dealing with changes in law or tax affecting the facility

6. Set-Off Rights: Optional enhanced set-off rights for the lender

7. Special Drawing Conditions: Required for specialized facilities like revolving credits or trade finance

8. Corporate Requirements: Required for corporate borrowers - specific corporate representations and undertakings

1. Facility Terms: Detailed commercial terms including facility limits, interest rates, fees, and repayment schedule

2. Conditions Precedent Documents: List of required documents and conditions to be satisfied before drawdown

3. Form of Drawdown Request: Standard form for borrower to request drawdown of facilities

4. Form of Compliance Certificate: Template for periodic compliance certification by borrower

5. Security Documents: List and copies of security documents if facility is secured

6. Repayment Schedule: Detailed amortization schedule if term loan

7. Fee Schedule: Detailed breakdown of all fees and charges

8. Form of Transfer Certificate: Standard form for transfer of participation in the facility

9. Contact Details: Complete contact information for all parties and their authorized representatives