Insert Date in the Facility Agreement

Aug 6th, 2022
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How to Insert Date in the Facility Agreement

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hi today were going to talk about key dates in a loan agreements [Music] so in the previous blog post and the video i discussed the timing in a project finance model and the importance of building flexibility when it comes to timeline in a project finance model in this video i want to go back to the topic that i started earlier regarding the term sheet negotiation and how a financial model and a financial modeler can help in the process of the long-term sheet negotiations so im going to mix both of the issues the timeline and the negotiations together today and im going to discuss the key dates that are included in a term sheet project finance loan agreement and the key dates that needs to be reflected in a financial model because as you know a financial model is a contractual document it is referenced in the term sheet and is one of the most important documents when it comes to the project appraisal because it contains basically all the important information regarding the project e

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A Loan Date for a Direct Loan is the date of the first disbursement, but for Federal Family Education Loan Program loans, the date usually refers to the date the loan was guaranteed or backed by a guaranty agency.
Loan Start Date means the date on which a Loan Arrangement is to commence; Sample 1Sample 2. Loan Start Date means the date on which my Cancellation Period expires without my cancelling the Loan.
Loan Due Date . With respect to a Mortgage Loan, the day of each calendar month on which the Monthly Loan Payment with respect thereto is due.
A credit facility agreement details the borrowers responsibilities, loan warranties, lending amounts, interest rates, loan duration, default penalties, and repayment terms and conditions.
An agreement or letter in which a lender (usually a bank or other financial institution) sets out the terms and conditions (including the conditions precedent) on which it is prepared to make a loan facility available to a borrower.
Loan maturity date refers to the date on which a borrowers final loan payment is due. Once that payment is made and all repayment terms have been met, the promissory note that is a record of the original debt is retired. In the case of a secured loan, the lender no longer has a claim to any of the borrowers assets.
Also known as the commitment period. It is a set period during which a borrower may draw down a loan. In a term loan, it is usually a relatively short period after signing the facility agreement. In a revolving facility, the period extends, in general terms, throughout the life of the loan.
Origination Date means in respect of any Loan Asset the initial date on which the proceeds of the loan or other extension of credit which is the subject of such Loan Asset was advanced to the Obligor under the related Loan Documents.

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