WebJan 19, 2024 · Loan agreement provisions allowing borrowers to repurchase their loans to take advantage of steep debt discounts and restructure their debt became popular in the wake of the financial crisis. The meaning of some common terms in those clauses is now being tested in courts. WebMoreover, “clear market” provisions have tightened, such that competing issuances require arranger consent if the arrangers (often “in their sole discretion”) could reasonably expect a competing offering to impair syndication. ... Incremental facilities remain controversial, however, and are a frequent subject of market flex provisions ...
Clear market Practical Law
WebExamples of Clear Market Provision in a sentence. Clear Market Provision: absence of any loan party issuing or syndicating any other debt or equity offering that would compete with the syndication of the loans.2._____vi. As soon as practicable, but not later than 18 months, after the date of the Pricing Agreement, the Company will make generally … WebClear market (Para 5) The borrower is asked to undertake, in general terms,not to raise other finance in the markets while the syndicate is being arranged, but the LMA “clear market” provision is much more onerous for borrowers than is typical.Aspects that could be negotiated include narrowing the meaning governance and lifecycle in microsoft teams
American Airlines Stock (NASDAQ:AAL): A Setup for a High Flier
WebThe City of Fawn Creek is located in the State of Kansas. Find directions to Fawn Creek, browse local businesses, landmarks, get current traffic estimates, road conditions, and … Webantitrust agencies have recently included new provisions in merger-related subpoenas (“Second Requests”) to solicit information on PE incen- ... do not present any or minimal antitrust issues — agree to a “hell-or-high-water” efforts standard or strict “clear market” provisions that restrict a PE firm’s ability to engage in ... WebFeb 15, 2024 · In addition, the government is modifying the six-month “clear market” provision of the new bonds as set forth in the Exchange Memorandum to clarify that such clear market provision will not limit the Government from issuing Domestic Public Indebtedness in connection with liability management exercises involving exchanges or … governance and tenancy knowledge