Events of Default and Remedies Clauses
(Credit Agreement)

Summary

These Events of Default and Remedies clauses are used in a credit agreement in a syndicated loan transaction and state the typical scenarios that would cause an event of default under the credit agreement. These clauses include practical guidance and drafting notes. Read these clauses in conjunction with the practice note Event of Default Provisions in Credit Agreements. For a full listing of key content convering events of default, see Events of Default Resource Kit. For a full listing of key content covering a credit agreement, see Credit Agreement Resource Kit.