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The Facilities Agreement serves as the primary documentation for credit arrangements in Switzerland, whether for corporate financing, acquisition financing, or general corporate purposes. This document type is essential when a borrower seeks to establish credit facilities with one or multiple lenders under Swiss law. The agreement comprehensively addresses all aspects of the lending relationship, including facility terms, security arrangements, representations, warranties, and covenants, while ensuring compliance with Swiss banking regulations and the Swiss Code of Obligations. It's particularly relevant for transactions involving Swiss-based entities or where parties specifically choose Swiss law for its renowned stability and sophisticated financial framework. The document typically incorporates both international lending practices and specific Swiss legal requirements, making it suitable for both domestic and cross-border financing arrangements.

1. Parties: Identification of the borrower(s), lender(s), facility agent (if applicable), and other key parties

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

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules

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

5. Conditions Precedent: Conditions that must be satisfied before drawdown

6. Utilisation: Process and requirements for drawing down the facility

7. Repayment: Terms for repayment of the facility

8. Prepayment and Cancellation: Provisions for voluntary and mandatory prepayment

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

10. Fees: All applicable fees including arrangement, commitment, and utilisation fees

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

12. Increased Costs: Provisions dealing with changes in costs due to regulatory or legal changes

13. Representations: Borrower's representations and warranties

14. Information Undertakings: Obligations to provide financial and other information

15. Financial Covenants: Financial maintenance and ratio requirements

16. General Undertakings: General positive and negative covenants

17. Events of Default: Circumstances constituting default and consequences

18. Changes to Parties: Transfer and assignment provisions

19. Payment Mechanics: Administrative provisions for payments

20. Notices: Communication requirements and methods

21. Calculations and Certificates: Provisions regarding calculations and evidence

22. Governing Law and Enforcement: Choice of Swiss law and jurisdiction provisions