Professional Services Agreements in Construction Live Webinar

Potential Pitfalls in Borrowing Base Transactions (OnDemand Webinar)

$149.00

SKU: 410925EAU

Description

Understand the basics of ABL credit agreements and the best practices for compliance, with an emphasis on current market trends.When negotiating a credit agreement, several factors, including the borrower’s risk profile and credit ratings, impact the breadth of the affirmative, negative, and financial covenants imposed on the borrower. However, some of the most burdensome credit agreements are assetbased lending (ABL) credit agreements. The heart and soul of ABL lending is collateral, and thus, ABL credit agreements often provide for intense lender monitoring and supervision because the borrowing base is tied to eligible assets. Under such a strict regime and without good advice from counsel, it is not uncommon for borrowers to trip an unintended default. This topic will highlight the basics of ABL credit agreements, including common provisions and pitfalls, and will provide lawyers and treasury professionals with specific areas on which to focus review during negotiations. This information will also help ensure that the persons responsible for administering ABL credit facilities understand best practices for compliance with their complex provisions.

Date: 2023-09-18 Start Time: End Time:

Learning Objectives

Tweet
Share
Share
Pin

Discuss Typical Asset-Based Lending Credit Agreement Provisions and Term Sheet Considerations
• Where to Focus Review of Term Sheets and Credit Agreements
• Typical Definitions, Representations, Covenants and Events of Default
• Other Pitfalls in Reporting and Compliance

Formulate Best Practices Pre- and Post-Closing to Avoid Defaults
• Credit Agreement Negotiation
• Credit Agreement Administration

Defaults
• Avoiding Defaults
• Action Plan If Default Occurs or Is Forecasted
• A Word on Technical Defaults

Frequent Compliance Inquiries

Tweet
Share
Share
Pin

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Tweet
Share
Share
Pin

Hillary Patterson-Hunton Andrews Kurth LLP, Jessica R. Tobin – Hunton Andrews Kurth LLP

Tweet
Share
Share
Pin
Professional Services Agreements in Construction Live Webinar

Potential Pitfalls in Borrowing Base Transactions (OnDemand Webinar)

$219.00

SKU: 409096EAU

Description

Understand the basics of ABL credit agreements and the best practices for compliance.When negotiating a credit agreement, several factors, including the borrower’s risk profile and credit ratings, impact the breadth of the affirmative, negative, and financial covenants imposed on the borrower. However, some of the most burdensome credit agreements are assetbased lending (ABL) credit agreements. The heart and soul of ABL lending is the collateral, and thus, ABL credit agreements often provide for intense lender monitoring and supervision because the borrowing base is tied to eligible assets. Under such a strict regime and without good advice from counsel, it is not uncommon for borrowers to trip an unintended default. This topic will highlight the basics of ABL credit agreements, including common provisions and pitfalls, and provide lawyers and treasury professionals with specific areas on which to focus review during negotiations. This information will also help ensure that the persons responsible for administering ABL credit facilities understand best practices for compliance with their complex provisions.

Date: 2021-06-01 Start Time: End Time:

Learning Objectives

Discuss Typical Asset-Based Lending Credit Agreement Provisions and Term Sheet Considerations
• Where to Focus Review of Term Sheets and Credit Agreements
• Typical Definitions, Representations, Covenants and Events of Default
• Other Negotiating Points

Formulate Best Practices Pre- and Post-Closing to Avoid Defaults
• Credit Agreement Negotiation
• Credit Agreement Administration

Defaults
• Avoiding Defaults
• Approach If Default Occurs or Is Forecasted
• A Word on Technical Defaults

Frequent Compliance Inquiries

CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Kimberly MacLeod-Hunton Andrews Kurth LLP, Hillary Patterson – Hunton Andrews Kurth LLP

Professional Services Agreements in Construction Live Webinar

Potential Pitfalls in Borrowing Base Transactions (OnDemand Webinar)

$219.00

SKU: 408682EAU

Description

Understand the basics of ABL credit agreements and the best practices for compliance.When negotiating a credit agreement, several factors, including the borrower’s risk profile and credit ratings, impact the breadth of the affirmative, negative and financial covenants imposed on the borrower. However, some of the most burdensome credit agreements are assetbased lending (ABL) credit agreements. The heart and soul of ABL lending is the collateral, and thus, ABL credit agreements often provide for intense lender monitoring and supervision because the borrowing base is tied to eligible assets. Under such a strict regime and without good advice from counsel, it is not uncommon for borrowers to trip an unintended default. This topic will highlight the basics of ABL credit agreements, including common provisions and pitfalls, and provide lawyers and treasury professionals with specific areas on which to focus review during negotiations. This information will also help ensure that the persons responsible for administering ABL credit facilities understand best practices for compliance with their complex provisions.

Date: 2021-03-10 Start Time: End Time:

Learning Objectives

Discuss Typical Asset-Based Lending Credit Agreement Provisions and Term Sheet Considerations
• Where to Focus Review of Term Sheets and Credit Agreements
• Typical Definitions, Representations, Covenants and Events of Default
• Other Negotiating Points

Formulate Best Practices Pre- and Post-Closing to Avoid Defaults
• Credit Agreement Negotiation
• Credit Agreement Administration

Defaults
• Avoiding Defaults
• Approach If Default Occurs or Is Forecasted
• A Word on Technical Defaults

Frequent Compliance Inquiries

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Kimberly MacLeod-Hunton Andrews Kurth LLP, Hillary Patterson – Hunton Andrews Kurth LLP