Loan Amendment Agreement Template for Nigeria

1. Security Confirmation: Required when existing security arrangements need to be confirmed or modified

2. Additional Covenants: Include when new covenants are being added to the original agreement

3. Consent of Guarantors: Required when the original loan has guarantors who need to consent to the amendments

4. Waiver of Defaults: Include when existing defaults need to be waived as part of the amendment

5. Additional Parties: Required when new parties are being added to the loan agreement

6. Fee Provisions: Include when amendment involves new or modified fee structures

7. Enhanced Reporting Requirements: Include when modifications to reporting obligations are being made

1. Schedule of Amendments: Detailed table showing original clauses and their amended versions

2. Updated Repayment Schedule: If payment terms are modified, new repayment dates and amounts

3. Modified Financial Covenants: Details of any changes to financial covenants and calculations

4. Conditions Precedent Documents: List of documents required to satisfy conditions precedent

5. Form of Effective Date Notice: Template notice confirming when amendments become effective

6. Guarantor Consent Letters: Forms of consent to be signed by existing guarantors

7. Updated Security Documents: If applicable, amendments to security documentation