Home / Banking & Finance

Legal News

LMA announces updated version of Corporate Lending Facility Agreement

Copyright © 2025 LexisNexis

Published on: 08 June 2022

Published by LNB News

LNB News 08/06/2022

Document Information

Issue Date: 08 June 2022

Published Date: 08 June 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Loan Market Association (LMA) has announced that an updated version of the Corporate Lending Facility Agreement and associated Term Sheet has been published to the LMA.Automate platform. The additional optionality provided for in these documents now includes all non-acquisition specific representations, undertakings and events of default from the LMA’s leveraged facilities agreement, with the wide range of options intended to make the documents as useful as possible to a wide proportion of users in the loan market.

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of