Lma Finance Agreement

These documents (the term of which includes, context permitting, text, content, spreadsheet with macros and electronic interfaces, as well as their underlying assumptions, conversions, formulas, algorithms, calculations and other mathematical and financial techniques) are made available to members of the Loan Market Association, in accordance with the by-laws of the Loan Market Association (a copy of which is available here); to facilitate the documentation of transactions in credit markets. None of the Loan Market Association, Allen & Overy or Clifford Chance assumes responsibility for any use to which such materials may be provided, for any loss, damage or liability resulting from such use. None of the Loan Market Association, Allen & Overy or Clifford Chance have verified the laws of any jurisdiction that may apply to any of the parties to an agreement on the use of such materials and their subject matter. Members should therefore consider all relevant legal, accounting and regulatory issues before using these materials or conducting a transaction in connection with these documents and, where appropriate, consult with their professional advisors. During the term of a loan, changes in the positions, regulations and/or market of the parties may lead the parties to reconsider the terms of the loan agreement. The purpose of this guide is to make recommendations on good practices in managing changes to the loan agreement, both from a pragmatic and legal point of view. Updated the gross tax clause and corresponding timetables to reflect the entry into force of HMRC`s double taxation agreement in September 2010. . .

.