The LSTA's Complete Credit Agreement Guide, Second Edition, 2nd Edition

CONTENTS

Preface

1   THE CREDIT AGREEMENT

2   COMMITMENTS, LOANS, AND LETTERS OF CREDIT

2.1  Credit Variants

2.1.1  Loans

2.1.1.1  Revolving Credit versus Term Loans

2.1.1.2  A and B Loan Tranches

2.1.1.3  Competitive Bid Loans

2.1.1.4  Swingline Loans

2.1.2  Letters of Credit

2.1.2.1  Application for Issuance

2.1.2.2  Form of Letter of Credit

2.1.2.3  Expiration Date

2.1.2.4  Limitations on Amount

2.1.2.5  Examination of Documents

2.1.2.6  Borrower’s Reimbursement Obligation

2.1.2.7  Participations by Lenders

2.1.2.8  Strict versus Substantial Compliance

2.1.2.9  Indemnification

2.1.2.10  Cash Collateral

2.1.3  Synthetic Letters of Credit

2.1.4  Bankers’ Acceptances

2.2  Commitments

2.2.1  Several Liability

2.2.2  Reducing Revolving Credit Commitments ...