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The Bank Credit Agreement serves as the primary documentation for credit facilities provided by banks to corporate borrowers in the Netherlands. It is used when a company seeks to obtain financing from a bank, whether for working capital, acquisitions, expansion, or other business purposes. The agreement must comply with Dutch banking regulations and financial services laws, including the Financial Supervision Act and Dutch Civil Code provisions. It typically includes detailed sections on facility terms, security arrangements, representations, covenants, and events of default. The document can be adapted for bilateral or syndicated lending arrangements and may incorporate specific requirements for different types of credit facilities such as term loans, revolving credits, or specialized financing structures. The agreement also needs to account for EU banking regulations that have been implemented in Dutch law.

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

2. Background: Context of the credit facility and purpose of the loan

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

4. The Facility: Details of the credit facility including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before the facility becomes available

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

7. Interest: Interest rate, calculation methods, and payment provisions

8. Repayment: Terms and schedule for repayment of the facility

9. Prepayment and Cancellation: Provisions for voluntary and mandatory prepayment and facility cancellation

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

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

12. Representations and Warranties: Borrower's representations and warranties

13. Information Undertakings: Borrower's obligations to provide financial and other information

14. General Undertakings: Borrower's general operational and financial covenants

15. Events of Default: Circumstances constituting default and consequences

16. Changes to Parties: Rules for assignment and transfer of rights and obligations

17. Payment Mechanics: Administrative provisions for making payments

18. Notices: Communication requirements and contact details

19. Calculations and Certificates: Provisions regarding calculations and certificates of amounts due

20. Governing Law and Enforcement: Choice of Dutch law and enforcement provisions