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1. Parties: Identifies all parties to the agreement including sponsors, lenders, and project company
2. Background: Sets out the context and purpose of the project financing
3. Definitions: Comprehensive definitions of terms used throughout the agreement
4. Facility and Purpose: Details of the financing facility and permitted uses
5. Conditions Precedent: Prerequisites for drawdown of funds
6. Representations and Warranties: Standard and project-specific representations
7. Covenants: Positive and negative undertakings by borrower
8. Events of Default: Circumstances triggering default and remedies
1. Intercreditor Provisions: Required when multiple lenders are involved in the project financing structure
2. Step-in Rights: Provisions allowing lenders to take control of the project in certain circumstances, typically used in complex infrastructure projects
3. Political Risk Insurance: Specific provisions relating to insurance requirements for political risks, particularly relevant for international projects
1. Form of Drawdown Request: Standard form for requesting disbursements under the facility
2. Financial Model: Detailed financial projections and assumptions for the project
3. Security Documents: Forms of security agreements and guarantees required for the financing
4. Project Documents: Key contracts and agreements relating to the project's implementation
5. Insurance Requirements: Detailed insurance obligations and specifications
6. Technical Description: Detailed technical specifications and scope of the project
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