The Project Finance Contract serves as the primary financing agreement for large-scale infrastructure and development projects in Nigeria. This document is essential when implementing project finance structures where the financing is primarily secured by the project's assets and cash flows rather than the sponsors' balance sheets. The agreement must comply with Nigerian federal and state laws, including the Investment and Securities Act, BOFIA, and sector-specific regulations, while incorporating international project finance standards. It typically includes detailed provisions for security arrangements, conditions precedent, drawdown mechanics, project accounts structure, and risk allocation among parties. The document is particularly crucial for projects requiring substantial capital investment, long-term financing, and involving multiple stakeholders including commercial banks, development finance institutions, and government entities.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of all contracting parties including project company, lenders, sponsors, and any government entities
2. Background: Context of the project, purpose of the financing, and brief description of the project structure
3. Definitions and Interpretation: Comprehensive definitions of terms used in the agreement and rules of interpretation
4. Facility and Purpose: Details of the credit facility, loan amount, and permitted uses of the financing
5. Conditions Precedent: Prerequisites that must be satisfied before drawdown of the facility
6. Drawdown Mechanics: Procedures and requirements for drawing down the loan facility
7. Repayment Terms: Schedule and mechanics of loan repayment, including prepayment provisions
8. Interest and Fees: Interest calculation, payment periods, and applicable fees
9. Security Structure: Details of security package and collateral arrangements
10. Representations and Warranties: Standard and project-specific representations and warranties
11. Covenants: Positive, negative, and financial covenants applicable to the project
12. Events of Default: Circumstances constituting default and consequences
13. Project Documents: Key project contracts and their requirements
14. Accounts and Cash Flow: Project account structure and cash flow waterfall
15. Governing Law and Jurisdiction: Choice of Nigerian law and jurisdiction provisions
16. Dispute Resolution: Procedures for resolving disputes
17. Miscellaneous: Standard boilerplate provisions including notices, amendments, and assignments
1. Government Support: Required when project involves government guarantees or support mechanisms
2. Environmental and Social Requirements: Detailed when project has significant environmental or social impact requirements
3. Insurance: Detailed insurance requirements section when project requires specific insurance coverage
4. Direct Agreements: When step-in rights are required with key project contract counterparties
5. Political Risk Protection: When specific political risk mitigations are required
6. Local Content Requirements: When project must comply with Nigerian local content laws
7. Export Credit Agency Provisions: When export credit agency financing is involved
8. Multilateral Agency Requirements: When multilateral development banks are involved in financing
1. Schedule 1 - Definitions: Detailed definitions and technical terms
2. Schedule 2 - Conditions Precedent: Detailed list of required conditions precedent documents
3. Schedule 3 - Drawdown Request Form: Template for drawdown requests
4. Schedule 4 - Repayment Schedule: Detailed loan repayment schedule
5. Schedule 5 - Project Documents: List and copies of key project documents
6. Schedule 6 - Security Documents: List and forms of security documents
7. Schedule 7 - Financial Model: Agreed financial model and assumptions
8. Schedule 8 - Construction Schedule: Detailed construction milestones and timeline
9. Schedule 9 - Insurance Requirements: Detailed insurance specifications
10. Schedule 10 - Environmental and Social Action Plan: Environmental and social compliance requirements
11. Schedule 11 - Form of Compliance Certificate: Template for periodic compliance reporting
12. Schedule 12 - Account Structure: Detailed project account structure and operations
13. Appendix A - Technical Specifications: Detailed technical requirements for the project
14. Appendix B - Performance Standards: Required performance metrics and standards
Find the exact document you need
Simple Interest Loan Contract
A Nigerian law-governed agreement establishing terms for a loan with simple interest calculation, including repayment terms and party obligations.
Download
Factoring Agreement
A Nigerian law-governed agreement establishing terms for the purchase of accounts receivable by a Factor from a Client, including pricing, procedures, and parties' obligations.
Download
Employees Loan Agreement
A Nigerian law-governed agreement establishing terms for workplace loans between employers and employees, including repayment through salary deductions.
Download
Co Financing Agreement
A Nigerian law-governed agreement establishing terms for multiple financial institutions to jointly finance a project, including contribution ratios, disbursement mechanisms, and inter-creditor arrangements.
Download
Litigation Funding Agreement
A Nigerian law-governed agreement setting out terms for third-party funding of litigation, including funding commitments, returns, and risk allocation.
Download
Loan Facilitation Agreement
A Nigerian law-governed agreement establishing terms for loan facilitation services between lenders and borrowers, ensuring regulatory compliance and defining party obligations.
Download
Simple Loan Term Sheet
A Nigerian law-governed preliminary document outlining key commercial and legal terms for a proposed loan facility, serving as the basis for a detailed loan agreement.
Download
Loan For Use Agreement
A Nigerian law-governed agreement allowing temporary, free use of an item or asset, with an obligation to return it in its original condition.
Download
Hire Purchase Agreement For Car
A Nigerian law-governed agreement for the purchase of a vehicle through installment payments, with ownership transferring upon final payment.
Download
International Loan Agreement
Nigerian law-governed agreement for international lending transactions, incorporating local regulatory requirements and international banking standards.
Download
Film Financing Agreement
A Nigerian law-governed agreement setting out terms for film production financing, including investment structure, rights, and profit-sharing arrangements.
Download
Undertaking Loan Agreement
A Nigerian law-governed loan agreement setting out terms, conditions, and undertakings between lender and borrower, with specific compliance requirements under Nigerian banking regulations.
Download
Trade Finance Agreement
Nigerian law-governed agreement establishing terms for trade finance facilities between financial institutions and trading entities, incorporating local regulatory requirements and international practices.
Download
Real Estate Loan Agreement
A Nigerian law-governed agreement establishing terms for a real estate-secured loan, including property security arrangements and regulatory compliance requirements.
Download
Project Finance Contract
A Nigerian law-governed agreement establishing terms for project financing of large-scale infrastructure or development projects, incorporating local regulatory requirements and international best practices.
Download
Official Loan Agreement
A Nigerian law-governed loan agreement establishing formal lending terms between parties, compliant with local banking regulations and financial laws.
Download
Margin Loan Agreement
A Nigerian law-governed agreement establishing terms for margin lending facilities, including loan terms, collateral requirements, and regulatory compliance measures.
Download
Loan Swap Agreement
A Nigerian law-governed agreement enabling the exchange of loan obligations between parties, including provisions for interest rate or currency swaps and regulatory compliance.
Download
Financing Contract Agreement
A Nigerian law-governed agreement establishing the terms and conditions of a financing facility between lender and borrower, including loan terms, security arrangements, and regulatory compliance requirements.
Download
Financial Support Agreement
A Nigerian law-governed agreement establishing terms for financial support between parties, including funding terms, repayment conditions, and regulatory compliance requirements.
Download
Financial Assistance Agreement
A Nigerian law-governed agreement establishing terms and conditions for providing financial assistance, including loan terms, security arrangements, and regulatory compliance requirements.
Download
Financial Agreement Between Two Parties
A Nigerian law-governed financial agreement template for structuring financial arrangements between two parties, ensuring regulatory compliance and clear terms.
Download
Car Loan Agreement Between Individuals
A Nigerian-law governed agreement between private individuals for a car loan, establishing terms, conditions, and security arrangements for vehicle financing.
Download
Car Loan Agreement Between Family
A Nigerian law-governed agreement formalizing a car loan arrangement between family members, including loan terms, vehicle security, and repayment provisions.
Download
Car Installment Agreement
A Nigerian law-governed agreement for vehicle purchase through installment payments, detailing payment terms, ownership rights, and party obligations.
Download
Car Finance Contract
A Nigerian law-governed agreement establishing terms and conditions for vehicle financing, including payment obligations, security interests, and regulatory compliance requirements.
Download
Bridge Financing Agreement
A Nigerian law-governed agreement providing temporary financing to bridge gaps between immediate capital needs and long-term funding solutions.
Download
Bridge Facility Agreement
A Nigerian law-governed temporary financing arrangement providing short-term funding while permanent financing is arranged.
Download
Auto Finance Contract
A Nigerian law-governed vehicle financing agreement that structures the terms and conditions for vehicle purchase financing, ensuring compliance with local banking and consumer protection regulations.
Download
Motorcycle Hire Purchase Agreement
A Nigerian law-governed agreement for motorcycle purchase through hire purchase arrangements, detailing payment terms, ownership rights, and obligations.
Download
Tri Party Loan Agreement
A Nigerian law-governed agreement establishing a three-way loan arrangement between lender, borrower, and a third party, detailing loan terms and parties' obligations.
Download
Standard Hire Purchase Agreement
A Nigerian law-governed agreement enabling purchase of goods through installments, with ownership transferring upon final payment.
Download
Master Asset Finance Agreement
A Nigerian law-governed master agreement establishing terms for ongoing asset financing arrangements between a financial institution and borrower.
Download
Development Credit Agreement
A Nigerian law-governed agreement establishing terms for development financing, including credit facility arrangements, project implementation requirements, and compliance obligations.
Download
Consortium Loan Agreement
A Nigerian law-governed agreement establishing terms for a multi-lender loan facility, including syndication and security arrangements.
Download
Small Business Loan Agreement
Nigerian-law governed loan agreement between a financial institution and small business, detailing loan terms, security, and obligations under CBN regulations.
Download
Small Credit Agreement
Nigerian-law governed Small Credit Agreement template for structured small-scale lending transactions, compliant with local banking and consumer protection regulations.
Download
Mortgage Loan Purchase Agreement
A Nigerian law-governed agreement for the sale and purchase of mortgage loan portfolios between financial institutions, including transfer and servicing arrangements.
Download
Loan Agreement Between Lender Borrower And Guarantor
Nigerian law-governed loan agreement establishing lending terms between lender, borrower, and guarantor, with comprehensive security and obligation provisions.
Download
Monthly Payment Plan Agreement
A Nigerian law-governed agreement establishing structured monthly payment terms between parties, including payment schedules, conditions, and regulatory compliance requirements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)