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1. Parties: Identification of the Lender and Borrower with complete details as required under Philippine law
2. Background: Context of the loan arrangement and brief description of the collateral security
3. Definitions and Interpretation: Definitions of key terms used in the agreement and interpretation rules
4. Loan Amount and Purpose: Specification of the loan amount, purpose, and any conditions precedent to drawdown
5. Interest Rate and Fees: Details of interest rate, calculation method, fees, and charges in compliance with Philippine banking regulations
6. Repayment Terms: Payment schedule, method of payment, and prepayment provisions
7. Collateral Security: Description of the collateral, creation of security interest, and perfection requirements
8. Representations and Warranties: Standard and specific representations regarding borrower's capacity and collateral ownership
9. Covenants: Positive and negative covenants, including maintenance of collateral
10. Events of Default: Circumstances constituting default and consequences
11. Enforcement Rights: Rights and remedies upon default, including collateral enforcement procedures
12. Expenses and Indemnification: Allocation of costs and indemnification obligations
13. Notices: Communication methods and contact details
14. Governing Law and Jurisdiction: Philippine law as governing law and jurisdiction provisions
15. Miscellaneous: Standard boilerplate provisions including amendments, assignments, and severability
1. Security Trustee Provisions: Required when there are multiple lenders and a security trustee structure is used
2. Insurance: Detailed insurance requirements when collateral requires specific insurance coverage
3. Cross-Default: Required when the borrower has other significant loans or when part of a larger financing arrangement
4. Tax Provisions: Detailed tax provisions when the loan has significant tax implications or cross-border elements
5. Currency Provisions: Required when the loan involves foreign currency or multiple currencies
6. Assignment and Transfer: Detailed provisions when the loan is likely to be syndicated or transferred
7. Additional Security Documents: Required when multiple forms of collateral or security documents are involved
1. Schedule 1 - Collateral Description: Detailed description of all collateral assets including registration details
2. Schedule 2 - Repayment Schedule: Detailed amortization table or payment schedule
3. Schedule 3 - Conditions Precedent: List of all documents and conditions required before loan drawdown
4. Schedule 4 - Form of Drawdown Notice: Standard form for requesting loan disbursement
5. Schedule 5 - Security Perfection Requirements: List of all registration and filing requirements for the security
6. Appendix A - Form of Promissory Note: Standard form of promissory note required under Philippine practice
7. Appendix B - Form of Security Documents: Forms of any additional security documents required for the collateral
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Energy
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Legal
Finance
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Business Development
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Chief Financial Officer
Finance Director
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Corporate Lawyer
Credit Manager
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