Loan Compliance Checklist (Borrower)

Summary

This is a checklist of items that borrower's counsel should consider in preparing a checklist for a borrower to comply with requirements in a loan transaction. Credit agreements include continuing requirements upon the borrower to provide information or notice and to allow certain inspections and audits. This checklist serves as a general guideline for preparing a compliance checklist for the borrower, and counsel should use this along with consideration of transaction-specific items.