Master agreements and schedules

View Banking & Finance by content type:

Practice notes

Precedents

Q&As

Featured Banking & Finance content

Term Loan B facilities

This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged

Sources of Shari'ah

IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal

Common financial covenants

This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing

Negative pledges

This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge

Practice notes

Foreign exchange (FX) derivatives

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

19th Oct

Practice notes

What is securitisation?

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

8th Oct

Practice notes

Synthetic securitisations

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

8th Oct

Practice notes

Incremental debt flexibility or accordion features

What are incremental facilities?An incremental facility is feature included in a credit agreement where, subject to meeting certain pre-agreed...

26th Sep

Practice notes

Drafting and negotiating the facility agreement

This Practice Note covers the typical structure of facility agreements and the key terms and provisions that will be included. It examines the process...

26th Sep

Practice notes

Overdrafts, term loans and revolving credit facilities

This Practice Note explains the features of three common types of loan facility:•overdrafts•term loans, and•revolving credit facilities (RCFs)It also...

26th Sep

In-house

Practice notes

Types of debt securities

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

26th Sep

Practice notes

Direct agreements in project finance transactions

What is a direct agreement?Direct agreements are very common in project finance transactions. A direct agreement is an agreement which gives the...

26th Sep

Practice notes

Events of default

This Practice Note considers:•the purpose of events of default included in facility agreements•common events of default relating to borrowers and...

26th Sep

COVID-19

In-house

Practice notes

Fixed and floating charges

There are four main types of security available under English law: •mortgage•charge•pledge, and•lienThis Practice Note explains:•the nature of a...

26th Sep

Practice notes

ISDA definitions

The vast majority of derivative transactions are documented by standard documentation developed and published by the International Swaps and...

26th Sep

In-house

Precedents

Real property mortgage: single company chargor—bilateral—specific monies

This Deed is made on [insert day and month] 20[insert year]Parties1[Insert name of Chargor], a company incorporated in England and Wales with...

26th Sep

Practice notes

Loan Market Association (LMA) leveraged documentation

Development of the Loan Market Association (LMA) documentationThe project to develop the LMA investment grade documents began in 1998 as a response to...

26th Sep

Practice notes

Loan Market Association (LMA)—news on documentation [Archived]

This Practice Note is an archive of news from the Loan Market Association (LMA) on LMA documentation and related topics. It covers LMA updates from...

26th Sep

Practice notes

Intercreditor agreement—key provisions

This Practice Note provides an introduction to intercreditor agreements and their key provisions. This Practice Note:•explains the purpose of having...

26th Sep

Practice notes

Role of a bond trustee

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

25th Sep

Most recent Master agreements and schedules content

Practice notes

ISDA documentation—comparison of the 1992 and 2002 master agreements

Derivative transactions are typically documented by the standard documentation developed and published by the International Swaps and Derivatives...

25th Sep

Practice notes

English law v New York law governed ISDA documents

English and New York law are the two most commonly selected governing laws for the International Swaps and Derivatives Association (ISDA)...

25th Sep

Practice notes

An introduction to collateral and credit support documentation

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

26th Sep

Practice notes

ISDA netting legal opinions

Background to ISDAThe International Swaps and Derivatives Association (ISDA) has over 850 member institutions from 67 countries, consisting of...

26th Sep

Practice notes

Comparing negotiations of the 1992 ISDA Master Agreement (Multicurrency Cross-Border) and the 2002 ISDA Master Agreement

The International Swaps and Derivatives Association, Inc. (ISDA) publishes two versions of its commonly used master agreement, which sets out the...

26th Sep

Practice notes

Cross border derivative transactions—issues to consider

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

26th Sep

Practice notes

ISDA definitions

The vast majority of derivative transactions are documented by standard documentation developed and published by the International Swaps and...

26th Sep

In-house

Practice notes

European derivatives master agreements

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

26th Sep

Q&As

Where party A in country A enters into a swap contract with party B in country B, what are the applicable rules as to the jurisdiction in which the swap contract is deemed to have been entered into?

It would be prudent to begin by looking at the master agreement itself to see which governing law/jurisdiction applies to the International Swaps and...

28th Sep

Q&As

What is an ISDA protocol?

What is an ISDA protocol?The International Swaps and Derivatives Association Inc. (ISDA) publish protocols from time to time. Protocols are a means of...

28th Sep

Q&As

Can I amend my 1992 ISDA Master Agreement to reflect the provisions set out in the 2002 ISDA Master Agreement?

What are the differences between a 1992 ISDA Master Agreement and a 2002 ISDA Master Agreement?The 2002 ISDA Master Agreement was published to take...

28th Sep

Q&As

Is it possible to enter into an ISDA confirmation without executing a master agreement?

What is an ISDA confirmation?The vast majority of over the counter (OTC) derivatives transactions are documented using standard documentation...

28th Sep

Q&As

When negotiating a Schedule to an ISDA Master Agreement, does it matter if I specify an event as an Additional Event of Default or Additional Termination Event?

Capitalised terms used in this Q&A follow the defined terms used in the ISDA Master Agreement.What is an Event of Default?Events of Default are events...

28th Sep

Practice notes

ISDA and FIA Cleared Derivatives Execution Agreement and Addendum

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

Produced in partnership with Assia Damianova of Cadwalader, Wickersham & Taft LLP 8th Oct

Practice notes

Documenting a derivatives clearing relationship—EU platforms

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

Produced in partnership with Assia Damianova of Cadwalader, Wickersham & Taft LLP 8th Oct

Practice notes

Derivatives—ISDA documentation framework

The International Swaps and Derivatives Association, Inc. (ISDA) is an association for participants in the derivatives industry. It has developed...

19th Oct

Practice notes

ISDA master agreements and schedules—key provisions

This Practice Note summarises the key provisions which are applicable to both the 1992 ISDA Master Agreement (Multicurrency—Cross Border) (the 1992...

19th Oct

Practice notes

ISDA confirmations

The vast majority of derivative transactions are documented by standard documentation developed and published by the International Swaps and...

19th Oct

Practice notes

Brexit—documentary implications for facility agreements

As of exit day, the UK is no longer an EU Member State, but it has entered an implementation period during which it continues to be treated by the EU...

30th Oct

Brexit