Term sheets, mandates and confidentiality

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Practice notes
Summary of advantages and disadvantages of the floating chargeThis Practice Note discusses the advantages and disadvantages of taking a floating as...
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Practice notes
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Practice notes
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Practice notes
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Practice notes
What is a 'capital call facility'?A capital call facility is a form of finance provided by a lender to a fund and typically secured against investors’...
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Produced in partnership with Peter Olds of Cleary, Gottlieb, Steen & Hamilton 12th Jan
Practice notes
On an acquisition finance transaction, the borrowing group, in addition to the debt (whether loans or bonds) required to fund the transaction, will...
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9th Nov
Practice notes
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Practice notes
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Practice notes
The vast majority of derivative transactions are documented by standard documentation developed and published by the International Swaps and...
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Practice notes
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Practice notes
Development of the Loan Market Association (LMA) documentationThe project to develop the LMA investment grade documents began in 1998 as a response to...
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Practice notes
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Practice notes
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Practice notes
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge...
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Most recent Term sheets, mandates and confidentiality content

Practice notes
Loan Market Association investment grade term sheet—commentaryLoan Market Association (LMA) recommended forms—term sheetsPractice Note: Loan Market...
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12th May
Precedents
This Agreement is made on [date]Parties1[Insert name of party] [of [insert address] OR a company incorporated in [England and Wales] under number...
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4th May
Precedents
This Agreement is made on [date]Parties1[insert name of party] [of [insert details ] OR a company incorporated in [England and Wales] under number...
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4th May
Precedents
This Agreement is made on [date]Parties1[Insert name of party][ of [insert details] OR a company incorporated in [England and Wales] under number...
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Produced in partnership with Gateley 4th May
Practice notes
This Practice Note provides introductory information on term sheets in lending transactions. It discusses:•what a term sheet is•the circumstances in...
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28th Apr
Precedents
Term sheet for an unsecured syndicated facility for an investment grade borrower incorporated as a limited liability company in England and Wales with...
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28th Apr
Precedents
Term sheet for a bilateral facility for a borrower incorporated as a limited liability company in England and Wales with or without security/a...
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28th Apr
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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Produced in partnership with Oliver Hensby of RBS 26th Apr
Practice notes
When are mandate letters used?Mandate letters are typically signed at the start of a transaction, and are often attached to an agreed term sheet. They...
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14th Apr
Practice notes
This Practice Note provides an overview of the purpose and typical content of mandate letters in syndicated loan transactions and covers:•appointment...
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8th Apr
Practice notes
This Practice Note is part of the Lexis®PSL Banking & Finance loan transaction toolkit. It includes links to precedents and drafting and negotiating...
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8th Apr
Practice notes
This Practice Note is part of the Lexis®PSL Banking & Finance loan transaction toolkit. It is intended as an introductory guide for those new to...
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8th Apr
Practice notes
The borrower will generally require any prospective lender or lenders to enter into a confidentiality letter.The confidentiality letter between the...
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8th Apr
Practice notes
Term sheets in acquisition finance transactions are generally extensively negotiated, and include a lot of the detail which will eventually be...
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8th Apr
Practice notes
What is a 'market flex' provision?A market flex provision is designed to give arrangers and underwriters some flexibility as to the terms of a...
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Produced in partnership with Lee Federman 8th Apr
Practice notes
It is very common for confidentiality agreement to be signed between parties when no external counsel has yet been appointed. As such the onus will...
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8th Apr
Practice notes
LMA mandate letterMandate letters are typically signed at the start of a transaction, and are often attached to an agreed term sheet. The purpose of...
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17th Mar
Practice notes
Coronavirus (COVID-19): For information on what to do if an energy performance certificate is required as a condition precedent during the coronavirus...
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17th Mar
Precedents
[On headed notepaper of a potential syndicate member]To: [insert the full name and address of the arranger][insert date]Dear [insert full name of...
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28th Jan
Precedents
[On headed notepaper of a potential syndicate member]To: [insert the full name and address of the arranger][insert date]Dear [insert the full name of...
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26th Jan

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