Amendments, waivers and consents

View Banking & Finance by content type:

Latest Banking & Finance News

Featured Banking & Finance content

Practice notes
Incremental debt flexibility or accordion featuresWhat are incremental facilities?An incremental facility is feature included in a credit agreement...
Read More >
Produced in partnership with Max Millington of Osborne Clarke 19th May
Practice notes
What is securitisation?Securitisation is a financing techniqueSecuritisation is a technique used to finance the ownership or sale of types of assets...
Read More >
19th May
Practice notes
Exchange traded derivativesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into...
Read More >
19th May
Practice notes
Events of defaultThis Practice Note considers:•the purpose of events of default included in facility agreements•common events of default relating to...
Read More >
19th May
Practice notes
WarrantsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
19th May
Practice notes
Synthetic securitisationsWhat is a securitisation?Securitisation is a technique used to finance the ownership or sale of types of assets that would...
Read More >
19th May
Practice notes
Bilateral, syndicated and club arrangementsOne of the features used to categorise loans is the number of lenders involved. A loan involving one lender...
Read More >
19th May
Practice notes
Transferring a loan by equitable assignmentAssignment is a means by which a lender can transfer its interest in a loan to another lender.For an...
Read More >
19th May
Precedents
[TO BE PRINTED ON THE HEADED PAPER OF THE LENDER][insert name and address of borrower][insert date]Dear [insert full name of borrower]We offer to...
Read More >
19th May
Practice notes
Crystallisation of floating chargesThe key feature of a floating charge is that, until it crystallises, the chargor is entitled to deal with the...
Read More >
19th May
Practice notes
What is credit support and how is it used in the ISDA credit support documentation?What is credit support?Credit support is a means of a party...
Read More >
19th May
Practice notes
Borrowing base facilities—key terms in the facility agreementA borrowing base facility ('BB Facility') is a working capital line designed to provide...
Read More >
Produced in partnership with Dentons 19th May
Precedents
[insert date]To:[insert full name and address of lender]Dear [insert full name of lender]I am a director of [insert full name of borrower] (the...
Read More >
19th May
Q&As
What is the quoted eurobond exemption?IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period...
Read More >
19th May
Precedents
[To be printed on the headed paper of the lender][insert date]To:[insert name and address of borrower]Dear [insert name of borrower],We are pleased to...
Read More >
19th May

Most recent Amendments, waivers and consents content

Practice notes
Waiver and consent requestsDuring the term of a facility, a borrower's circumstances can change. Sometimes, a borrower's circumstances change to such...
Read More >
4th Jun
Practice notes
Amending security documentsCoronavirus (COVID-19): Transaction planning will need to take into account the impact of coronavirus (COVID-19) on...
Read More >
4th Jun
Practice notes
Guarantees—varying the underlying transaction: practical considerationsIt is common for the parties to a facility agreement to want to amend its...
Read More >
4th Jun
Practice notes
Key issues in transferring securityCoronavirus (COVID-19): Transaction planning will need to take into account the impact of coronavirus (COVID-19) on...
Read More >
4th Jun
Practice notes
Amending a facility agreementDuring the term of a facility, the borrower's financial position is likely to fluctuate. Sometimes, its circumstances...
Read More >
4th Jun

Popular documents