Top 10 of 1,413 law firms for Facility Agreements, Contract Law

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Facility agreements document the terms for borrowing under a debt facility, including term loan and revolving facilities, and set out drawdown, interest, covenants, security, events of default and repayment. A solicitor drafts and negotiates the facility, guarantees, security packages, intercreditor arrangements, and any hedging or ancillary documents, coordinates the loan documentation, and ensures conditions precedent are met before funds are drawn. They liaise with lenders, sponsors and advisers to protect the borrower or lender’s position.

What a solicitor handles in these matters

The solicitor handles the drafting and negotiation of the facility and security package, the intercreditor and hedging arrangements, and the steps required to implement drawdowns and enforcement, including events of default, covenants and representations. They ensure the documents align with relevant statutes and seniority/priority rules and manage interactions with lenders and agents to prevent gaps in security.

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We have found a review that matches your query

Ryan Bickham

Tagged solicitor Ryan Bickham

Settlement Agreement. - What I thought may have been a confusing & challenging conversation regarding my settlement was anything but, Ryan Bickham guided me through the agreement pointed out in plain language the interpretation of each section. Made me aware of my rights what the Company were asking me to agree too. The whole experience was very stress free & completed in a very short period of time. My personal thanks to Ryan. & I will be using PCB Solicitors again.

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