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The Revolving Credit Facility Agreement serves as the primary documentation for establishing a flexible lending arrangement under Dutch law, commonly used for working capital financing and general corporate purposes. This agreement type is essential for businesses seeking ongoing access to credit with the ability to draw down and repay funds multiple times within an agreed facility limit. The document incorporates specific Dutch legal and regulatory requirements, including compliance with the Financial Supervision Act (Wft) and Dutch Civil Code provisions. It details all aspects of the facility including utilization mechanics, interest calculations, security arrangements, representations and warranties, covenants, and events of default. The agreement is particularly suited for medium to large enterprises requiring regular access to working capital or companies with cyclical business patterns needing flexible financing options.

1. Parties: Identification of the lender(s), borrower(s), facility agent (if applicable), and security agent (if applicable)

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

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

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

5. Utilisation: Procedures and conditions for drawing down the facility, including notice requirements

6. Repayment and Prepayment: Terms for regular repayment, mandatory and voluntary prepayment provisions

7. Interest: Interest calculation, periods, payment dates, and default interest

8. Fees: Commitment fees, arrangement fees, and other applicable fees

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

10. Increased Costs: Provisions dealing with changes in costs due to regulatory or legal changes

11. Representations: Borrower's representations and warranties

12. Information Undertakings: Requirements for financial and other information provision

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

14. Events of Default: Circumstances constituting default and consequences

15. Changes to Parties: Transfer and assignment provisions

16. Administration: Role and duties of the facility agent and payment mechanics

17. Notices: Communication requirements and methods

18. Calculations and Certificates: Basis for calculations and evidential value of certificates

19. Governing Law and Enforcement: Choice of law and jurisdiction provisions