Contractul de facilitate de credit conform reglementării noului Cod civil

prep. univ. drd. Radu DIACONU

Academia de Studii Economice din Bucureşti,

Catedra de Drept

avocat, Baroul Bucureşti

Abstract

Although the concept of credit facility is widely used in the Romanian banking practice, the New Civil Code is the first piece of legislation setting out the basic elements of the "credit facility agreement". Unlike regular loan agreements, credit facility agreements may only be concluded by professional lending institutions, which have the obligation to extend the credit facility once they have committed to it.

The credit facility may take theform ofeithera term loan ora revolving loan and may be concluded for an indefinite period of time. Unless otherwise provided in the credit facility agreement, the lender may only accelerate the facility for serious reasons related to the beneficiary of the credit facility. If the facility is granted for an indefinite period of time, the loan may either be...