Credit Facilities Agreement Template for New Zealand

1. Security: Required when the facility is secured, detailing the security structure and enforcement rights

2. Guarantee: Required when there are guarantors, detailing guarantee obligations

3. Multiple Borrowers: Required for syndicated facilities or multiple borrower structures

4. Review and Cancellation: For facilities with periodic review rights or cancellation provisions

5. Market Disruption: For facilities with variable interest rates, addressing market disruption scenarios

6. Increased Costs and Tax Provisions: Detailed provisions for managing regulatory changes affecting costs

7. Assignment and Transfer: Required if the facility may be transferred or syndicated

8. Currency Provisions: Required for multi-currency facilities

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

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

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

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

5. Security Details: Description of security assets and perfection requirements

6. Compliance Certificate: Template for periodic financial compliance reporting

7. Financial Covenants: Detailed financial covenants and calculation methodologies

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