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ACT states loan agreement market disruption clauses should be invoked only as a last resort
Practical Law UK Legal Update 8-383-5391 (Approx. 2 pages)
ACT states loan agreement market disruption clauses should be invoked only as a last resort
by PLC Finance
| Published on 30 Sep 2008 • International |
On 29 September 2008, following reports some banks are considering invoking the market disruption clause in loan agreements, the Association of Corporate Treasurers
(ACT) issued a press release, Loan agreement market disruption clauses to be invoked only as a last resort
.