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- W4256405440 abstract "This chapter considers lending in liberalized markets, where banks enjoy greater autonomy in their choice of borrower, the terms on which they lend, and the exercise of remedies on a borrower's default. It focuses on commercial lending by banks, and thus does not consider the additional issues that arise in relation to consumer lending. Commercial lending by banks can take various forms. Bankers often use the generic term ‘facility’ to describe them all. The most basic is the term loan, where a specified maturity date sets the time for ultimate repayment. The chapter discusses the negotiation of the agreement for commercial loan facilities; the facility and its repayment; conditions precedent, representations and warranties, covenants; the negative pledge and <italic>pari passu</italic> clauses; and default." @default.
- W4256405440 created "2022-05-12" @default.
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- W4256405440 date "2018-02-08" @default.
- W4256405440 modified "2023-10-01" @default.
- W4256405440 title "14. Lending" @default.
- W4256405440 doi "https://doi.org/10.1093/he/9780199276080.003.0014" @default.
- W4256405440 hasPublicationYear "2018" @default.
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