Lender Consent Requests: Issues to Consider | Practical Law

Lender Consent Requests: Issues to Consider | Practical Law

A Practice Note addressing issues a lender should consider when a borrower requests lender consent to an activity that is prohibited (or expressly requires lender consent) under a loan agreement. This Note covers what documents both parties should examine, negative covenants to look out for, and other provisions to review in a loan agreement such as consent clauses, costs and expenses clauses, and notices clauses.

Lender Consent Requests: Issues to Consider

Practical Law Practice Note w-016-9664 (Approx. 10 pages)

Lender Consent Requests: Issues to Consider

by Practical Law Finance
MaintainedUSA (National/Federal)
A Practice Note addressing issues a lender should consider when a borrower requests lender consent to an activity that is prohibited (or expressly requires lender consent) under a loan agreement. This Note covers what documents both parties should examine, negative covenants to look out for, and other provisions to review in a loan agreement such as consent clauses, costs and expenses clauses, and notices clauses.