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The Revolving Credit Agreement is a fundamental financing instrument in Swiss banking practice, typically used when companies require flexible access to funding for working capital, general corporate purposes, or specific projects. This agreement type is particularly valuable for businesses with cyclical cash flows or varying capital needs. The document must comply with Swiss banking regulations and the Swiss Code of Obligations, incorporating mandatory provisions on form and content. It establishes the framework for multiple drawdowns and repayments, interest calculations, financial covenants, and security arrangements (if applicable). The agreement's structure accommodates both bilateral and syndicated lending arrangements, with provisions for facility agents and multiple lenders when required. Given Switzerland's position as a major financial center, these agreements often incorporate international banking practices while maintaining compliance with local law requirements.

1. Parties: Identification of the lender(s), borrower(s), and any guarantors or security providers

2. Background: Context of the credit facility and purpose of the agreement

3. Definitions: Defined terms used throughout the agreement

4. The Facility: Core terms of the revolving credit facility including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before initial and subsequent utilization

6. Utilization: Procedures and requirements for drawing down the facility

7. Repayment and Prepayment: Terms for regular repayment and voluntary/mandatory prepayment

8. Interest: Interest calculation, periods, and payment provisions

9. Fees: Commitment fees, arrangement fees, and other applicable charges

10. Tax Gross Up and Indemnities: Tax-related provisions and associated indemnities

11. Representations and Warranties: Borrower's confirmations regarding its status and capacity

12. Information Undertakings: Borrower's obligations to provide financial and other information

13. Financial Covenants: Financial ratios and tests the borrower must maintain

14. General Undertakings: Borrower's positive and negative obligations

15. Events of Default: Circumstances that trigger default and lender remedies

16. Changes to Parties: Rules for assignments and transfers

17. Administration: Payment mechanics and administrative provisions

18. Notices: Communication procedures between parties

19. Governing Law and Jurisdiction: Choice of Swiss law and jurisdiction provisions