10
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.
Termination & Exit Rights
Negotiation strategy
Ensure termination clauses are balanced to protect against unexpected losses. Negotiate for reasonable notice periods and cure periods to allow for remediation of breaches.
Advocate for clear termination triggers that allow for strategic flexibility. Ensure any break-fee arrangements are fair and reflect the potential costs of termination.
Essential elements
1
Termination Triggers
Conditions for ending the agreement.
2
Notice Requirements
Timeframe for notifying termination.
3
Cure Periods
Time allowed to fix breaches.
Action framework
ACCEPT
Propose edits when termination triggers are unclear or unbalanced.
EDIT
Reject clauses that impose unfair penalties or lack mutuality.
ADD
Add language for jurisdiction-specific compliance or missing elements.
PRO TIP
Always align termination rights with strategic business objectives to minimize risk.
Real-world examples
FAVORABLE
Preferred Termination for Cause
"Either party may terminate this Agreement upon a material breach, with a 30-day cure period following written notice."
NEUTRAL
Standard Notice of Termination
"Any notice of termination must be in writing and delivered to the other party at least sixty (60) days prior to the intended termination date."
UNFAVORABLE
Unilateral Termination Rights
"The Company may terminate this Agreement at any time without cause, with no notice required."
Alternative scenarios & positions
High-Risk Projects
In high-risk projects, ensure termination rights are stringent to protect against potential losses and ensure project continuity.
Cross-Border Transactions
Consider jurisdiction-specific laws that may affect termination rights and ensure compliance with international regulations.
Long-Term Contracts
For long-term contracts, include periodic review clauses to reassess termination rights and ensure they remain relevant.
Access all other DocJuris Playbooks
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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