Loan Agreement: LIBOR Fallback Language (Amendment Approach) | Practical Law

Loan Agreement: LIBOR Fallback Language (Amendment Approach) | Practical Law

A clause laying out LIBOR successor provisions that may be found in loan agreements. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips. Alert: Panel USD LIBOR was discontinued on June 30, 2023. The language in this Standard Clause was prepared for use in loan agreements prior to LIBOR's cessation.

Loan Agreement: LIBOR Fallback Language (Amendment Approach)

Practical Law Standard Clauses w-028-3744 (Approx. 20 pages)

Loan Agreement: LIBOR Fallback Language (Amendment Approach)

by Practical Law Finance
Maintained • USA (National/Federal)
A clause laying out LIBOR successor provisions that may be found in loan agreements. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips. Alert: Panel USD LIBOR was discontinued on June 30, 2023. The language in this Standard Clause was prepared for use in loan agreements prior to LIBOR's cessation.