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Financial Assistance Agreement
"I need a Financial Assistance Agreement under Pakistani law for a 50 million PKR loan from ABC Bank to my manufacturing company, with quarterly repayments over 3 years starting March 2025, including specific covenants for maintaining minimum working capital ratios."
1. Parties: Identification of the financial institution/lender and the recipient/borrower with their full legal names and details
2. Background: Context of the financial assistance, purpose, and brief description of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Amount and Purpose: Specific details of the financial assistance amount and its intended use
5. Disbursement Terms: Conditions precedent to disbursement and the disbursement mechanism
6. Repayment Terms: Schedule of repayment, interest rates, and payment mechanisms
7. Representations and Warranties: Standard and specific representations made by the recipient regarding their legal and financial status
8. Covenants: Positive and negative obligations of the recipient during the term of the agreement
9. Events of Default: Circumstances constituting default and consequences thereof
10. Remedies: Rights and remedies available to the lender in case of default
11. Compliance Requirements: Obligations to comply with relevant Pakistani laws and regulations
12. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes
1. Security: Include when the financial assistance is secured by collateral or guarantees
2. Foreign Exchange Provisions: Required when the financial assistance involves foreign currency
3. Insurance: Include when specific insurance requirements are imposed on the recipient
4. Special Conditions: Add when there are project-specific or recipient-specific conditions
5. Assignment and Transfer: Include when either party may need to transfer their rights or obligations
6. Force Majeure: Optional clause for unforeseeable circumstances preventing performance
7. Monitoring and Reporting: Include for larger facilities requiring regular financial reporting
1. Schedule 1 - Disbursement Schedule: Detailed timeline and conditions for disbursement of funds
2. Schedule 2 - Repayment Schedule: Detailed schedule of repayment installments and dates
3. Schedule 3 - Form of Disbursement Request: Standard form for requesting disbursements
4. Schedule 4 - Conditions Precedent Documents: List of required documents prior to disbursement
5. Schedule 5 - Security Details: Details of any security or collateral (if applicable)
6. Schedule 6 - Compliance Certificates: Standard forms for periodic compliance certification
7. Appendix A - Required Authorizations: List of necessary regulatory and corporate authorizations
8. Appendix B - Reporting Requirements: Templates and timing for required financial reports
Authors
Applicable Law
Authorized Representative
Business Day
Closing Date
Conditions Precedent
Default Interest
Disbursement
Disbursement Date
Disbursement Request
Due Date
Effective Date
Event of Default
Facility
Finance Documents
Financial Assistance
Financial Indebtedness
Financial Statements
Financial Year
Force Majeure Event
Governmental Authority
Interest Period
Interest Rate
KIBOR
Legal Requirements
Material Adverse Effect
Outstanding Amount
Payment Date
Permitted Purpose
PKR
Potential Event of Default
Project
Relevant Authority
Repayment Schedule
Security
Security Documents
SBP
State Bank of Pakistan
Tax
Term
Transaction Documents
Facility Amount
Purpose
Conditions Precedent
Disbursement
Repayment
Interest
Security
Representations and Warranties
Covenants
Events of Default
Remedies
Payment Mechanics
Set-off
Tax Gross-up
Increased Costs
Indemnification
Costs and Expenses
Assignment and Transfer
Amendments and Waivers
Confidentiality
Notices
Compliance with Laws
Anti-Money Laundering
Foreign Exchange
Financial Information
Monitoring and Reporting
Force Majeure
Governing Law
Dispute Resolution
Severability
Entire Agreement
Banking and Financial Services
Manufacturing
Agriculture
Healthcare
Education
Technology
Infrastructure Development
Real Estate
Energy
Telecommunications
Transportation
Retail
Hospitality
Non-Profit
Public Sector
Legal
Finance
Compliance
Risk Management
Treasury
Credit Administration
Operations
Corporate Banking
Investment
Business Development
Document Management
Regulatory Affairs
Chief Financial Officer
Finance Director
Legal Counsel
Compliance Officer
Credit Manager
Risk Manager
Treasury Manager
Financial Controller
Banking Relationship Manager
Corporate Finance Manager
Investment Officer
Operations Director
Company Secretary
Portfolio Manager
Business Development Manager
Financial Analyst
Loan Officer
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