Document background
The Project Finance Loan Agreement is a sophisticated financing document used when implementing large-scale project financing transactions in Australia. It is specifically designed for non-recourse or limited-recourse financing where the loan is primarily secured by the project's assets and cash flows. This agreement is essential when financing major infrastructure, energy, or other capital-intensive projects where the lenders' primary security and source of repayment is the project itself. The document comprehensively addresses Australian regulatory requirements, including compliance with banking regulations, security registration under the Personal Property Securities Act, and corporate law requirements. It typically includes detailed provisions for project monitoring, technical requirements, environmental compliance, and specific covenants tailored to the project's nature.
