Commitment letter for primary syndication: initial commitment—subject to approval of documentation
Commitment letter for primary syndication: initial commitment—subject to approval of documentation

The following Banking & Finance precedent provides comprehensive and up to date legal information covering:

  • Commitment letter for primary syndication: initial commitment—subject to approval of documentation

[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 arranger]

    1. 1

      Facility for [insert currency] [insert amount] for [insert name of borrower] (the Borrower), arranged by [insert name of Arranger] (the Arranger) with [insert name of agent] as agent (the Agent).

    1. 2

      We, [insert name of the possible syndicate member], subject to documentation satisfactory to us, commit [insert currency] [insert amount] [[insert tranche if appropriate]] to the Facility, (the Commitment).

    1. 3

      The Commitment will expire

Popular documents