This form includes select provisions of a New York law-governed credit agreement (eg, tax, yield protection, agency, assignment, defaulting lender, disqualified institution provisions, etc.).
The following article first appeared in the Summer 2024 issue of Loans Magazine. In May 2022, the LSTA published revised Model Credit Agreement Provisions (“MCAPs”) which included modifications to the provisions relating to the treatment of entities prohibited from owning a borrower’s loans (the “LSTA DQ Structure”)1. We continue to hear from our members that...
The MCAPs was reposted on July 8, 2024. This form includes select provisions of a New York law-governed credit agreement (eg, tax, yield protection, agency, assignment, defaulting lender, and disqualified institution provisions, etc.) and is suitable primarily for leveraged finance transactions. The blackline, against the document dated May 4, 2022, is attached below as well...
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....
This Advisory replaces the guidance contained in the LSTA's September 2017 advisory on ERISA representations required under the Department of Labor (DOL)'s 2016 Fiduciary Rule....
This Advisory replaces the guidance contained in the LSTA's September 2017 advisory on ERISA representations required under the Department of Labor (DOL)'s 2016 Fiduciary Rule. Members Only...