Loan And Security Documents

Loan and Security Documents: A Negotiating Handbook is an essential guide for anyone involved in drafting or negotiating lending and security agreements.

A practical discussion of the production of bank security documents to meet the needs of specific circumstances. The areas covered include: creating & registering a valid security in the United Kingdom, debentures, guarantees & pledges, & the new Insolvency Bill

This revised edition has updated its predecessor, with new features such as: a review of loan concepts and terminology and discussion of the standards for asset sales. It also includes a detailed dissection of participation and assignment agreements.

Contents include Loan and Security Agreement, Business - Secured Transactions. These documents, fulfilled, filled out and signed, can be used in the U.S.A.

A detailed study of the terms of international loan documentation with comprehensive explanations of the purpose of the provisions and of areas which may require negotiation and with an emphasis on the wording of the Loan Market Association documents. This work covers term loans and revolving credits and includes comparisons of the provisions required for investment grade borrowers, special purpose entities and asset and project based credit risks. It includes discussion of security, due diligence and legal opinions as well as Appendices explaining key issues of English law such as trusts and fiduciary duties; and a glossary of expressions commonly used in this area. The book thus provides a highly practical and comprehensive resource for bankers and lawyers, at all levels of experience, involved in international lending.