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Master Restructuring Agreement
"Need a Master Restructuring Agreement under Singapore law for a manufacturing company with $50M in debt across multiple facilities, involving three main bank creditors and requiring implementation by March 2025."
1. Parties: Identification of all parties involved in the restructuring
2. Background: Context of the restructuring, existing arrangements, and reason for restructuring
3. Definitions: Key terms used throughout the agreement
4. Restructuring Plan: Detailed outline of the proposed restructuring steps
5. Implementation Timeline: Schedule of restructuring milestones and deadlines
6. Conditions Precedent: Prerequisites before restructuring becomes effective
7. Financial Terms: Details of debt restructuring, payment terms, interest rates
8. Representations and Warranties: Standard declarations by parties
9. Governing Law and Jurisdiction: Confirmation of Singapore law and courts' jurisdiction
1. Intercreditor Provisions: Required when multiple creditors are involved to establish priorities and relationships between different classes of creditors
2. Security Arrangements: Details of any new or amended security structure when secured debt is being restructured
3. Employee Matters: Treatment of employee claims and contracts when restructuring affects employment terms
4. Tax Provisions: Special tax considerations or arrangements when tax implications are significant to the restructuring
1. Existing Facilities Schedule: Details of all existing debt facilities being restructured
2. Security Documents Schedule: List of all security documents affected by restructuring
3. Implementation Steps Plan: Detailed sequence of restructuring actions
4. Form of Notices: Template notices required during restructuring process
5. Financial Projections: Post-restructuring financial forecasts
6. Creditor Claims Schedule: Detailed breakdown of creditor claims and treatment
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