Waiver letter | Practical Law

Waiver letter | Practical Law

A letter from a lender to a borrower waiving a breach of one or more obligations of the borrower under a facility agreement (also known as a loan agreement).

Waiver letter

Practical Law UK Standard Document 5-504-1998 (Approx. 12 pages)

Waiver letter

by Practical Law Finance
Maintained • , England, Wales
A letter from a lender to a borrower waiving a breach of one or more obligations of the borrower under a facility agreement (also known as a loan agreement).
This standard document includes integrated drafting notes. For information on legal issues that may arise when drafting a waiver letter, see Drafting note, General issues and drafting assumptions.