von Holger Langer, LL.M.
Structure and Contents
Conditions which must be satisfied by the borrower before the obligation of the lending banks to disburse funds is triggered
von Holger Langer, LL.M.
Usually an inter-bank transaction which enables a bank to transfer an asset on its balance sheet consisting of its participation in a syndicated loan
von Holger Langer, LL.M.
One of the first and most important roles of the agent bank in an international syndicated loan agreement will be to certify compliance with conditions precedent by the borrower...