Loan Agreement: Borrowing Mechanics | Practical Law
Typical clauses in credit agreements setting out the different credit facilities available to the borrower, the financial terms of the loans, and the process for the borrower to request a loan under the credit facilities. These clauses also include yield protection, break funding/funding losses, market disruption, benchmark replacement, and yank-a-bank provisions. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.