Loan Agreement: LIBOR Replacement (Amendment Approach) | Practical Law

Loan Agreement: LIBOR Replacement (Amendment Approach) | Practical Law

A set of clauses laying out LIBOR successor provisions and agent's disclaimer of responsibility provision relating to LIBOR and its replacement that may be found in loan agreements. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips. Alert: Panel USD LIBOR was discontinued on June 30, 2023. The language in these Standard Clauses was prepared for use in loan agreements prior to LIBOR's cessation.

Loan Agreement: LIBOR Replacement (Amendment Approach)

Practical Law Standard Clauses w-027-1364 (Approx. 24 pages)

Loan Agreement: LIBOR Replacement (Amendment Approach)

by Practical Law Finance
MaintainedUSA (National/Federal)
A set of clauses laying out LIBOR successor provisions and agent's disclaimer of responsibility provision relating to LIBOR and its replacement that may be found in loan agreements. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips. Alert: Panel USD LIBOR was discontinued on June 30, 2023. The language in these Standard Clauses was prepared for use in loan agreements prior to LIBOR's cessation.