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1. Parties: Identification of the credit provider and the customer, including full legal names and addresses
2. Background: Context of the trade relationship and purpose of the credit arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Credit Facility: Details of the credit facility including credit limit, nature of credit, and purpose
5. Payment Terms: Payment obligations, including payment period, method of payment, and early payment discounts if applicable
6. Interest and Fees: Interest rates, calculation methods, and any applicable fees or charges
7. Security: Description of any security interests granted to secure the credit facility
8. Representations and Warranties: Standard representations and warranties from the customer regarding their business and ability to pay
9. Covenants: Ongoing obligations of the customer, including financial covenants and reporting requirements
10. Events of Default: Circumstances constituting default and consequences of default
11. Remedies: Rights and remedies of the credit provider upon default
12. Term and Termination: Duration of the agreement and circumstances for termination
13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law, etc.
1. Cross-Border Provisions: Required when trade credit involves international transactions, addressing currency conversion, trade regulations, and cross-border security
2. Personal Guarantee: Used when additional security is required through personal guarantees from directors or shareholders
3. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required to protect the credit provider's interests
4. Credit Insurance: Terms relating to credit insurance when the facility is backed by credit insurance
5. Subordination: Required when there are multiple creditors and priority arrangements need to be established
6. Financial Covenants: Detailed financial maintenance covenants when dealing with larger credit facilities or higher-risk customers
7. Change of Control: Provisions dealing with changes in ownership or control of the customer's business
8. Electronic Commerce: Provisions for electronic ordering and payment systems when relevant to the trading relationship
1. Schedule A - Credit Limit and Pricing: Detailed breakdown of credit limits, interest rates, and fee structure
2. Schedule B - Security Documents: List and copies of security documents, including PPSA registrations
3. Schedule C - Payment Terms Matrix: Detailed payment terms for different products or order types if applicable
4. Schedule D - Reporting Requirements: Format and timing of required financial and operational reports
5. Schedule E - Permitted Security Interests: List of pre-existing or permitted security interests on the customer's assets
6. Schedule F - Form of Compliance Certificate: Template for periodic compliance certification by the customer
7. Appendix 1 - Application Form: Standard credit application form completed by the customer
8. Appendix 2 - Personal Guarantee Form: Standard form of personal guarantee if applicable
Manufacturing
Wholesale Trade
Retail
Construction
Agriculture
Mining
Transportation and Logistics
Industrial Supply
Consumer Goods
Technology and Electronics
Automotive
Energy
Healthcare and Medical Supplies
Food and Beverage
Chemical and Materials
Legal
Finance
Credit Control
Treasury
Risk Management
Sales
Commercial
Procurement
Collections
Accounts Receivable
Corporate Secretariat
Chief Financial Officer
Credit Manager
Finance Director
Commercial Director
Treasury Manager
Credit Controller
Account Manager
Risk Manager
Financial Controller
Legal Counsel
Contracts Manager
Sales Director
Procurement Manager
Collections Manager
Corporate Secretary
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