Conditions precedent satisfaction letter: for a bilateral facility agreement—lender to borrower
Conditions precedent satisfaction letter: for a bilateral facility agreement—lender to borrower

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 to borrower
  • The AppendixCopy conditions precedent satisfaction letter from the Lender's legal advisers

[To be printed on the headed paper of the lender]

[insert date]

To:

[insert name and address of borrower]

Dear [insert full name of borrower]

  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