Document that!

Make sure you are doing your best for your client when you start to negotiate your deals. This practice note discusses an overview of documentation principles and provides an analysis of market trends in certain publicly filed commitment letters from the second half of 2020 and the first half of 2021. This is important at the onset of your deal. Drafting documentation principles in the commitment letter will be used to establish the model, framework, and/or standard to be used when drafting your definitive loan documentation.

READ NOW »

Related Content

• Commitment Papers Resource Kit
  Refer to this resource kit for an overview of drafting and reviewing commitment papers.

• Documentation Principles Clause (Term Sheet)
  Use this clause in a term sheet. This clause guides drafters on the use of documentation principles to negotiate the final credit documents. 

• Amcan Provisions, Governing Law, and Documentation Principles (Commitment Letters)
  Review this practice note discussing current developments in commitment letter terms in the middle market and large cap loan markets.

• Commitment Letter and Term Sheet Provisions
  Learn about the commitment letter and term sheet and how they relate to a financing transaction. This practice note details the main provisions of these documents and how they are typically negotiated. 

Practical Guidance Updates

Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Finance Fundamentals Resource Kit
• Understanding the Loan Transaction Video
• The Practical Guidance Journal Summer 2021 Edition, featuring details on the latest LIBOR cessation dates
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.  

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

Experience Lexis+