On the application of the transferor of any share or interest in a company, the company shall enter in its register of members the name of the transferee [(or, as the case may be, deliver the name of the transferee to the registrar under Chapter 2A of Part 8)] in the same manner and subject to the same conditions as if the application for the entry [(or delivery)] were made by the transferee.
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
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