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1. Parties: Identification of the lender, borrower, and any guarantors or security providers
2. Background: Details of existing facility/facilities being refinanced and purpose of refinancing
3. Definitions: Definitions of terms used throughout the agreement, including existing facility documents and new facility terms
4. Refinancing Facility: Terms of the new facility including amount, purpose, interest rate, and repayment terms
5. Conditions Precedent: Conditions that must be satisfied before the refinancing becomes effective
6. Settlement of Existing Facility: Mechanism and process for settling the existing facility
7. Security Arrangements: Provisions regarding existing and new security, including transition arrangements
8. Representations and Warranties: Standard and specific representations and warranties from the borrower
9. Covenants: Positive and negative covenants applicable to the borrower
10. Events of Default: Circumstances constituting default and consequences
11. Payments and Calculations: Payment mechanics, calculation of interest, fees and other amounts
12. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Islamic Banking Provisions: Required if the refinancing is structured as an Islamic banking facility
2. Property Provisions: Required if real property forms part of the security package
3. Guarantee: Required if there are guarantors for the facility
4. Insurance: Detailed insurance requirements if specific insurance coverage is required
5. Assignment and Transfer: Required if the lender wishes to have the right to assign or transfer the facility
6. Multiple Lenders: Required if the refinancing involves a syndicate of lenders
7. Foreign Currency Provisions: Required if the facility involves foreign currency
1. Existing Facility Details: Details of all facilities being refinanced, including outstanding amounts
2. Conditions Precedent Documents: List of all required documents and conditions to be satisfied
3. Security Documents: List and copies of all security documents being maintained or newly created
4. Repayment Schedule: Detailed schedule of repayment dates and amounts
5. Form of Notices: Standard form notices including drawdown notice, compliance certificate
6. Fees and Charges: Detailed breakdown of all fees and charges applicable
7. Property Schedule: Details of any properties forming part of the security (if applicable)
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