Credit Crunch: Navigating the Path to Acquisition Approval

Review this practice note providing a step-by-step guide for determining if a borrower or other loan party may make an acquisition under an existing credit agreement—whether it involves acquiring equity interests, a new subsidiary, a business unit, or a hard asset. The practice note explains how to conduct the analysis, highlighting the documents to review and the provisions to focus on. Don’t miss out on this essential resource for finance attorneys looking to stay ahead in their practice.

Read now »

Related Content

• Acquisition Analysis Chart
  Use this template to organize and present an acquisition analysis.

• Negative Covenants in Credit Agreements
  Read this practice describing negative covenants and related definitions, which are among the most heavily negotiated provisions in a credit agreement.

• Affirmative Covenants in Credit Agreements
  Review this discussion of affirmative covenants, which require a borrower to act to remain in compliance with the credit agreement.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Market Trends 2024/25: Amend and Extend Provisions
• Market Trends 2024/25: Reserve-Based Loan Agreements in the Oil and Gas Industry
• Mezzanine Finance (Non-CRE) Resource Kit
• Oil and Gas Lending Resource Kit
• Project Finance Risk Mitigation Resource Kit
• Oil and Gas Credit Agreements by Segment Chart (2023/24)
• Credit Spread Adjustment and Rate Floor Tracker (2025)
• Treasury Department Limits CTA Enforcement: Client Alert Digest
• The Future of LMTs After Serta: Client Alert Digest
• New! Discover Practical Guidance Content and Resources
  Read  this update to see the newest additions to Practical Guidance. This guide is designed to help you find the tools and insights you need to work more efficiently and effectively.
• Bank Failure Resource Kit assembles Practical Guidance resources covering topics related to bank failures.
• The Practical Guidance Journal 2025 Edition One features guidance on what attorneys need to know about deepfake technology, a look ahead at AI risk management, an artificial intelligence checklist, and a review of cautions and key AI legal issues in DEI and employment discrimination.
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID, and more.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• Browse the Practical Guidance Author Center to see the 2600+ leading attorney authors contributing to our 26 practice areas. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.   
• Sustainability-Linked Loans Tracker is a frequently updated tracker identifying and analyzing select new publicly filed sustainability-linked loans.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+