Project Finance Agreement Template for New Zealand

1. Intercreditor Provisions: Required when there are multiple lenders or classes of debt to establish priority and voting rights

2. Political Risk Insurance: Needed for projects in politically sensitive areas or with significant government involvement

3. Environmental and Social Requirements: Detailed provisions for projects with significant environmental or social impacts

4. Reserve Accounts: Required for projects needing specific reserve requirements beyond standard debt service

5. Step-in Rights: Needed when lenders require direct project control rights in certain circumstances

6. Export Credit Agency Provisions: Required when export credit agencies are involved in the financing

7. Currency and Hedging Requirements: Needed for projects with significant foreign exchange exposure

8. Government Support Provisions: Required when government guarantees or support agreements are part of the structure

1. Project Description: Detailed description of the project and technical specifications

2. Form of Drawdown Request: Standard form for requesting drawdowns under the facility

3. Repayment Schedule: Detailed amortization schedule for the facility

4. Form of Construction Reports: Template for required construction progress reports

5. Financial Model: Base case financial model and assumptions

6. Security Documents: Forms of all security documents and guarantees

7. Insurance Requirements: Detailed schedule of required insurance coverage

8. Permitted Investments: List of approved investments for project funds

9. Key Project Documents: List and copies of material project contracts

10. Form of Compliance Certificate: Template for periodic compliance reporting

11. Technical Standards: Required technical and performance standards for the project

12. Environmental and Social Action Plan: Detailed environmental and social compliance requirements