Loan Agreement: Anti-Cash Hoarding Clause | Practical Law

Loan Agreement: Anti-Cash Hoarding Clause | Practical Law

Standard anti-cash hoarding provisions used in a corporate loan agreement. This type of clause emerged and was frequently used in credit agreements following the onset of the 2019 novel coronavirus disease (COVID-19) pandemic. This Standard Clause provides integrated notes with important explanations and drafting and negotiating tips.

Loan Agreement: Anti-Cash Hoarding Clause

Practical Law Canada Standard Clauses w-025-8831 (Approx. 5 pages)

Loan Agreement: Anti-Cash Hoarding Clause

by Practical Law Canada Finance
MaintainedCanada (Common Law)
Standard anti-cash hoarding provisions used in a corporate loan agreement. This type of clause emerged and was frequently used in credit agreements following the onset of the 2019 novel coronavirus disease (COVID-19) pandemic. This Standard Clause provides integrated notes with important explanations and drafting and negotiating tips.