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The Amended and Restated Loan Agreement is utilized when parties wish to substantially modify an existing loan agreement while maintaining the continuity of the lending relationship. This document type is particularly relevant in Hong Kong's dynamic financial market, where loan terms often need to be adjusted to reflect changing business conditions or regulatory requirements. It combines the original loan terms with all amendments into a single, clear document, eliminating the need to cross-reference multiple amendments. The agreement must comply with Hong Kong's banking regulations and financial services framework, including requirements under the Banking Ordinance and Money Lenders Ordinance. Typically used for significant modifications such as changing the facility amount, interest rates, repayment terms, or security structure, it provides a clean and consolidated version of the parties' obligations while preserving the original agreement's core relationship.

1. Parties: Identification of the lender(s) and borrower(s), including registration details

2. Background: Details of the original loan agreement, reasons for amendment and restatement, and confirmation that this agreement supersedes the original

3. Definitions and Interpretation: Definitions of terms, including both original and new terms, and interpretation rules

4. Amendment and Restatement: Express provisions regarding how this agreement amends and restates the original agreement

5. The Facility: Details of the loan facility, including amount, purpose, and any modifications to the original terms

6. Conditions Precedent: Conditions that must be satisfied before the amended agreement becomes effective

7. Drawdown: Procedures and conditions for drawdown of the loan

8. Interest: Interest rate, calculation methods, and payment terms

9. Repayment: Repayment schedule, methods, and prepayment provisions

10. Representations and Warranties: Updated statements of fact and assurances from the borrower

11. Covenants: Positive and negative obligations of the borrower

12. Events of Default: Circumstances constituting default and consequences

13. Changes to Parties: Rules for assignments and transfers

14. Administration: Administrative provisions including notices and calculations

15. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction provisions

16. Execution: Signature blocks and execution formalities