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The Recourse Loan Agreement is a fundamental financing document used when a lender requires comprehensive rights to recover the loan amount from a borrower's assets. Under Swiss law, this agreement must comply with the Swiss Code of Obligations and related financial regulations, making it particularly suitable for both domestic and international lending transactions where parties seek the stability and predictability of Swiss law. The document is typically used in corporate lending, real estate financing, and general commercial loans where the lender requires strong enforcement rights. It includes essential provisions for loan disbursement, interest calculation, repayment terms, events of default, and enforcement mechanisms, while incorporating specific Swiss law requirements regarding form, content, and execution.

1. Parties: Identification of the lender and borrower with full legal names and addresses

2. Background: Context of the loan arrangement and relationship between the parties

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. The Loan: Core terms including loan amount, purpose, and recourse nature of the facility

5. Drawdown: Conditions and procedures for drawing down the loan

6. Interest: Interest rate, calculation method, and payment terms

7. Repayment: Repayment schedule, prepayment terms, and final maturity

8. Recourse and Recovery: Explicit provisions regarding lender's recourse rights against borrower's assets

9. Representations and Warranties: Borrower's confirmations regarding their status and ability to enter into the agreement

10. Covenants: Ongoing obligations of the borrower during the loan term

11. Events of Default: Circumstances constituting default and consequences

12. Taxes and Costs: Allocation of tax liabilities and transaction costs

13. Notices: Communication procedures between parties

14. Assignment and Transfer: Rules for transferring rights under the agreement

15. Governing Law and Jurisdiction: Confirmation of Swiss law governance and jurisdiction

16. Miscellaneous: Standard boilerplate provisions including severability and entire agreement