Form of Cashless Roll Letter (August 8, 2014)

This agreement may be used for cashless rollover transactions which  involve the replacement of existing loans with allocated loans without an actual funding of the new, allocated loans or the repayment in cash of the existing loans.


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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

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