Credit Facility Agreement Template for India

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

2. Increased Costs: Provisions dealing with regulatory changes affecting the lender's costs

3. Market Disruption: Provisions for handling market disruption events affecting interest rates

4. Tax Gross-Up and Indemnities: Detailed tax provisions if cross-border elements or specific tax concerns exist

5. Currency Provisions: Required for facilities involving foreign currency or multiple currencies

6. Insurance: Detailed insurance requirements if specific insurance coverage is required

7. Security Trustee Provisions: Required when security is held by a security trustee

8. Guarantee Provisions: Required when the facility is supported by guarantees

1. Facility Particulars: Detailed terms of the facility including amounts, interest rates, and margins

2. Conditions Precedent Documents: List of documents required before facility availability

3. Form of Drawdown Notice: Template for borrower to request drawdown

4. Repayment Schedule: Detailed schedule of repayment dates and amounts

5. Security Documents: List and copies of security documents

6. Form of Compliance Certificate: Template for periodic compliance certification

7. Permitted Security Interests: List of security interests permitted under the facility

8. Form of Transfer Certificate: Template for transfer of facility participation

9. Financial Covenants: Detailed financial covenants and calculation methodologies

10. Contact Details: Detailed contact information for all parties