This online session will examine key issues and provisions of loan agreements. We will consider loan facility agreements, including the different types of facilities available. Core elements of loan agreements will be considered including representations and undertakings and covenants.
The course is appropriate & relevant for lawyers and those involved in negotiating loan agreements.
What will we cover?
- The key players in a loan and their roles
- Legal and commercial issues to be considered when negotiating a loan agreement
- The key precedents
- Approaching the Credit Agreement
- Different types of facilities, their use and key issues
- The purpose of and typical representations and undertakings, their timing and limitation of scope
- Covenants generally
- Permitted Baskets
- Incremental Facilities
- Transfer restrictions
- Margins & fees
- Default, Events of Default and Mandatory Prepayments
- Material Adverse Change clauses
- Market disruption clauses
Can’t make the date/time or need to revisit the training? No problem, booking onto this event means you will receive a link to access a recording of the event at your leisure! The link will be sent within approx 72hrs of live broadcast & be available for approx. 3 months, to view as many times as you wish.