Loan Covenant Checklist: Restricted Payments | Practical Law

Loan Covenant Checklist: Restricted Payments | Practical Law

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Loan Covenant Checklist: Restricted Payments

Practical Law Checklist 5-586-7946 (Approx. 9 pages)

Loan Covenant Checklist: Restricted Payments

by Joerg H. Esdorn and Yair Y. Galil, Gibson, Dunn & Crutcher LLP
MaintainedUSA (National/Federal)
A Checklist of issues for counsel to consider when drafting or negotiating a restricted payments negative covenant in a loan agreement. These include the scope of the covenant and parameters of typical permissive baskets.