Line Of Credit Letter Template for Ireland

1. Purpose Restrictions: Include when the line of credit is restricted to specific uses or purposes

2. Guarantee Requirements: Include when personal or corporate guarantees are required

3. Insurance Requirements: Include when specific insurance coverage is required as a condition of the facility

4. Regulatory Disclosures: Include when required by consumer credit regulations or for regulated borrowers

5. Foreign Currency Provisions: Include when the facility is offered in multiple currencies or involves foreign exchange considerations

6. Jurisdiction Specific Terms: Include when the borrower operates across multiple jurisdictions

1. Schedule 1 - Fee Schedule: Detailed breakdown of all applicable fees, charges, and commission rates

2. Schedule 2 - Conditions Precedent: List of documents and conditions required before the facility becomes available

3. Schedule 3 - Draw Down Procedures: Detailed procedures and forms for requesting draws under the facility

4. Appendix A - Standard Terms and Conditions: Bank's standard terms and conditions applicable to the facility

5. Appendix B - Financial Covenants: Detailed financial ratios and reporting requirements if applicable

6. Appendix C - Security Documentation: Forms and requirements for security documentation if applicable