4
PLAYBOOK TEMPLATES
Credit Facility & Revolving Line Agreement
A Credit Facility & Revolving Line Agreement defines the terms for ongoing credit access between borrower and lender. This playbook reviews financial covenants, interest structures, and default remedies.
Security & Collateral
Negotiation strategy
Ensure that the security interest is clearly defined and perfected. Require the Borrower to take all necessary actions, such as filing UCC-1 statements, to protect the Lender's interest.
Negotiate for flexibility in the collateral description and ensure that the obligations secured are clearly defined. Seek to limit the scope of the security interest to specific assets.
Essential elements
1
Security Interest
Defines collateral and obligations secured.
2
Perfection Requirements
Actions to perfect security interest.
3
Priority of Claims
Establishes order of security interests.
Action framework
ACCEPT
Propose edits if the collateral description is too broad or if perfection steps are unclear.
EDIT
Reject if the clause fails to provide a first priority security interest or lacks necessary perfection steps.
ADD
Add language to specify jurisdiction-specific perfection requirements if not included.
PRO TIP
Always verify that the security interest is perfected according to jurisdiction-specific laws to ensure enforceability.
Example clauses
FAVORABLE
Clear Security Interest
"The Borrower hereby grants to the Lender a continuing security interest in, and lien on, all of the Borrower's right, title, and interest in and to the Collateral, whether now owned or hereafter acquired, to secure the prompt payment and performance of the Obligations."
NEUTRAL
Basic Perfection Clause
"The Borrower agrees to take necessary actions to perfect the security interest granted herein."
UNFAVORABLE
Unclear Priority
"The security interest granted to the Lender shall be subject to other liens."
Fallbacks
Cross-Border Transactions
In cross-border transactions, ensure that security interests are perfected in all relevant jurisdictions to avoid enforcement issues.
High-Risk Borrowers
For high-risk borrowers, consider requiring additional collateral or more stringent perfection requirements to mitigate risk.
Asset-Specific Security
When dealing with asset-specific security, ensure that the description of the collateral is precise and includes all necessary details to avoid disputes.
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Contract Playbook Templates
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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
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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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