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PLAYBOOK TEMPLATES
Guarantee & Security Agreement
A Guarantee & Security Agreement provides collateral and personal guarantees securing performance or payment obligations. This playbook details drafting considerations for enforcement rights, perfection, and priority of security interests.
Financial Covenants
Negotiation strategy
Ensure covenants are realistic and aligned with the borrower's business plan. Include cure periods to prevent technical defaults.
Negotiate for flexible covenants that reflect operational capabilities. Advocate for grace periods to manage potential breaches.
Essential elements
1
Debt Service Coverage Ratio
Minimum ratio requirement.
2
Leverage Ratio
Maximum ratio limit.
3
Interest Coverage Ratio
Minimum interest coverage.
Action framework
ACCEPT
Propose edits when covenants are misaligned with business projections.
EDIT
Reject clauses that impose unrealistic financial burdens.
ADD
Add clauses to include necessary cure periods.
PRO TIP
Always align financial covenants with realistic business conditions to avoid defaults.
Example clauses
FAVORABLE
Preferred Debt Service Coverage
"The Borrower shall maintain a Debt Service Coverage Ratio of not less than 1.25:1, with a cure period of 30 days following any breach."
NEUTRAL
Fallback Leverage Ratio
"The Borrower shall maintain a Leverage Ratio of not more than 3:1, subject to a 15-day grace period for rectification."
UNFAVORABLE
Unrealistic Financial Metrics
"The Borrower shall maintain a Debt Service Coverage Ratio of not less than 2:1 without any cure period."
Fallbacks
High Leverage Business Model
Review and potentially amend covenants to accommodate higher leverage ratios due to capital-intensive operations.
Volatile Revenue Streams
Adjust covenants to allow flexibility in reporting due to fluctuating income patterns.
Start-Up Phase
Implement lenient covenants to support growth and initial cash flow challenges.
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Contract Playbook Templates
Launch in days, not months
Unlike complex CLMs with long implementations and steep learning curves, DocJuris is built for speed and simplicity. We integrate with your workflow—whether connecting to a CLM or uploading agreements manually—so you're up and running in days, not months.
WEEK 1
CLM Readiness and Design
Our CX team works with you to understand your contracting challenges, prioritize key workflows, and identify the biggest impact areas. We build a tailored implementation plan that fits your needs.
WEEK 2
Install Module
We connect DocJuris to your contract repositories, set up admin and user accounts, and ensure your environment is ready for success.
WEEK 3
Deliver & Test
Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
Launch
We support you in rolling out DocJuris to a pilot group or your full organization—with launch materials, training, and hands-on support to drive adoption from day one.
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Tackle everything your team needs using existing IT without expensive consultants, outrageous user licensing fees, or complex coding. DocJuris takes on the heavy lift and delivers your requirements with its people, process, and technology.
See how DocJuris can automate your legal, procurement, and sales operations.
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DocJuris is not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options,selection of forms or strategies.