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The Syndicated Credit Agreement is a sophisticated financing document used when multiple lenders combine to provide credit facilities to a borrower in Qatar. It is particularly relevant for large-scale financings where the size of the facility requires risk sharing among multiple financial institutions. The agreement must comply with Qatar's legal framework, including the Qatar Commercial Code, Civil Code, and Qatar Central Bank regulations. It incorporates provisions for both conventional and Islamic tranches (if applicable), security creation and perfection under local law, and enforcement mechanisms recognized by Qatar courts. The document typically includes detailed sections on facility mechanics, conditions precedent, representations and warranties, covenants, and events of default, all tailored to Qatar's legal requirements and market practice. It is essential for project financings, corporate acquisitions, real estate developments, and other large-scale transactions in Qatar.

1. Parties: Identification of the Borrower, Original Lenders, Facility Agent, and Security Agent

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

3. Definitions and Interpretation: Comprehensive definitions section and rules of interpretation

4. The Facilities: Details of the credit facilities, including types, amounts, and purposes

5. Conditions Precedent: Conditions to be satisfied before utilization

6. Utilization: Process and requirements for drawing down the facilities

7. Repayment: Terms and schedule of repayment

8. Prepayment and Cancellation: Voluntary and mandatory prepayment provisions

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

10. Fees: All fees payable under the facility

11. Tax Gross Up and Indemnities: Tax-related provisions and protections

12. Increased Costs: Provisions for dealing with changes affecting lenders' costs

13. Representations: Borrower's representations and warranties

14. Information Undertakings: Borrower's information and reporting obligations

15. Financial Covenants: Financial maintenance covenants and calculations

16. General Undertakings: Borrower's positive and negative covenants

17. Events of Default: Default triggers and consequences

18. Changes to Parties: Transfer and assignment provisions

19. Role of the Agents: Rights and obligations of the Facility Agent and Security Agent

20. Conduct of Business by the Lenders: Provisions governing lender conduct and decision-making

21. Payment Mechanics: Administrative provisions for payments

22. Set-off: Rights of set-off and application of payments

23. Notices: Communication procedures and requirements

24. Calculations and Certificates: Basis of calculations and evidence

25. Partial Invalidity: Severability provisions

26. Remedies and Waivers: Rights and remedies of the parties

27. Amendments and Waivers: Procedures for modifications to the agreement

28. Governing Law: Qatar law as governing law

29. Enforcement: Jurisdiction and enforcement provisions