Amendments, Consents, and Waivers Resource Kit

Summary

This resource kit provides an overview of amendments, consents, and other modifications for loan documents, along with an index of related content. The reasons that a borrower may seek a modification may vary widely. For example, a borrower facing financial distress may seek relief from unattainable maintenance covenants. Or a borrower in better shape may need to relax the restrictions in its credit agreement to pursue an acquisition. Another type of amendment provides streamlined approval mechanics to permit the borrower to extend the maturity date of loans or to expand existing facilities through an incremental facility (for example). All of these amendment types are covered in the documents below.