Conditions precedent satisfaction letter: for a bilateral facility agreement—lender’s lawyer to lender
Conditions precedent satisfaction letter: for a bilateral facility agreement—lender’s lawyer to lender

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

  • Conditions precedent satisfaction letter: for a bilateral facility agreement—lender’s lawyer to lender

[TO BE PRINTED ON HEADED PAPER OF LAW FIRM]

[insert date]

To:

[insert name and address of lender]

Dear [insert full name of lender]

  1. 1

  2. We refer to the facility agreement dated [insert date of facility agreement] between [insert name of borrower] (the Borrower) and [insert name of lender] (the Lender) as amended, novated, supplemented, restated or replaced from time to time in accordance with its terms (the Facility Agreement).

  3. 2

  4. Unless defined otherwise in this letter, or the context requir