Single format · FV08-D15-3

Format 3, ECB closing checklist

A single format from the The ECB File, Term-sheet Review, Resolutions, Certificates and the Closing Checklist pack. Conditions precedent and subsequent.

Length
2 pages
Blanks to fill
63
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Format 3, ECB closing checklistConditions precedent and subsequent63 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

[Name of the firm] closing checklist · Borrower: [Borrower's name] · Lender: [Lender's name] · LRN: [ECB Loan Registration Number (LRN)] · Target drawdown: [Target drawdown date]

Part A — Before signing

#

Item

Responsible

Evidence / reference

Done

A1

Term-sheet review memo issued; all A-priority issues closed

Firm

[__]

[ ]

A2

Eligibility memo signed by partner

Firm

[__]

[ ]

A3

Board resolution s.179(3)(d) / (f) (and (c) for bonds)

CS

[date]

[ ]

A4

SR s.62(3) — conversion option (before signing)

CS

[date]

[ ]

A5

SR s.180(1)(c) / s.180(1)(a) (public company); s.186(3) for guarantees / on-lending

CS

[date]

[ ]

A6

Related-party arm's length benchmark on file

Firm / TP team

[__]

[ ]

A7

Existing domestic lenders' consents / NOCs under negative pledge and for security

Client

[letters]

[ ]

A8

Loan agreement contains FEMA clauses (LRN CP, MAMP, end-use, arm's length, conversion, enforcement) and tax clauses (gross-up limits, lender documents)

Counsel / Firm

[clause refs]

[ ]

6 more paragraphs and tables follow in the full format.

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