Supplier Credit Agreement Template for India

1. Security: Details of any security or collateral provided - include when the credit facility is secured

2. Insurance: Requirements for insurance coverage - include when specific insurance requirements are needed

3. Assignment and Transfer: Rights to assign or transfer the agreement - include when transfer rights are important

4. Force Majeure: Provisions for unforeseen circumstances - include when specific force majeure protection is needed

5. Confidentiality: Obligations regarding confidential information - include when sensitive information is involved

6. GST Compliance: Specific GST-related obligations - include when GST implications are significant

7. Change in Law: Provisions dealing with regulatory changes - include when regulatory environment is volatile

8. Step-in Rights: Rights to take control of certain assets/operations - include in high-value or critical supply arrangements

1. Credit Facility Details: Detailed terms of the credit facility including limits, interest rates, and fees

2. Repayment Schedule: Detailed schedule of repayment installments and dates

3. Security Details: Description of security/collateral provided (if applicable)

4. Condition Precedent Documents: List of documents required to be submitted before facility activation

5. Form of Drawdown Notice: Template for requesting drawdown under the facility

6. Compliance Certificate: Template for periodic compliance certification

7. Key Contacts: List of authorized representatives and contact details

8. Supply Terms: Reference to or summary of the underlying supply arrangement