This is a form of assignment agreement (which is typically attached as an exhibit to a credit agreement) which can then be used to transfer a loan from assignor to assignee. Included in Model Credit Agreement Provisions....
In this short video, Bridget Marsh, LSTA’s EVP and Deputy General Counsel, highlights issues that may arise when drafting the form which is then attached as an exhibit to the applicable credit agreement and explains other issues which may arise when completing the form as an assignor/assignee. Importantly, the LSTA’s Form of Assignment Agreement has...
