Agreement Inter Se (Banks)
Framework for mutual rights and obligations among consortium members.
Inter Se Agreement Wizard
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Legal-grade draft reflecting the current consortium structure.
AGREEMENT INTER SE
Between Consortium Banks in respect of working capital facilities
THIS AGREEMENT is made at Mumbai this 20 day of February, 2026 BETWEEN:
1. The Lead Bank (Lead Bank) having its office at Lead Bank Tower, BKC, Mumbai
2. Participating Bank A having its office at Regional Office, Nariman Point, Mumbai
3. Participating Bank B having its office at Zonal Office, New Delhi
AND ABC Cements Corp, a company incorporated under the Companies Act and having its Registered Office at 123 Industrial Area, Mumbai (hereinafter called the "Borrower").
WHEREAS the Borrower has approached the Participating Banks for working capital facilities to the extent of INR 500 Lakhs.
The Participating Banks have agreed to participate in the said facilities in the following proportions:
| Participating Bank | Share (%) | Amount (Lakhs) |
|---|---|---|
| The Lead Bank | 40% | 200 |
| Participating Bank A | 30% | 150 |
| Participating Bank B | 15% | 75 |
| Participating Bank C | 10% | 50 |
| Participating Bank D | 5% | 25 |
NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:
- The Lead Bank shall act as the agent for the Participating Banks and as such shall be responsible for and have power to represent them in all matters.
- The security created in favor of the Participating Banks shall be held by them on a pari passu basis.
- Each Participating Bank shall be liable to contribute towards the expenses incurred by the Lead Bank in the same proportion as its participation.
For and on behalf of
The Lead Bank
______________________
Authorized Signatory
Dated: 20-Feb-2026
Consortium Best Practice
The Inter Se Agreement is a critical governance document. Ensure all member banks' board resolutions authorize the specific participation limits mentioned in this draft.