Early on in a loan transaction, the parties should discuss and agree on the expected content of the schedules to the credit agreement. Review this practice note describing how to prepare, review, and update the schedules that are appended to a credit agreement. This practice note focuses on the disclosure schedules, in which the borrower provides information about its assets or organizational structure or certain exceptions to ensure the accuracy of its representations and warranties.

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Related Content

• Closing Process Fundamental and Deliverables
  Understand the closing process and the deliverables needed at closing by reviewing this practice note. It discusses the ancillary documents that are prepared and delivered in connection with a loan financing closing, including the perfection certificate, closing checklist, closing certificates, resolutions, schedules, legal opinions, and closing memorandum.

• Negotiating Post-closing Deliverables and Other Post-closing Events
  Review this practice note discussing issues that may arise once a transaction has gone “live” and the closing has occurred.

• Schedules to the Security Agreement
  Read this practice note describing how to prepare and review schedules to the security agreement. The schedules to the security agreement list out disclosures about the various loan parties that the borrower is required to make to the lenders pursuant to the terms of the security agreement.

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