Finance document

Practical Law UK Glossary 9-501-2654 (Approx. 3 pages)

Glossary

Finance document

Also known as a credit document. This term usually refers to the main documents in a financing transaction under which an obligor owes financial obligations to (or which otherwise create a liability in favour of) a lender (or lenders), agent, arranger or other secured party (for example, a swap counterparty).

It is often used as a defined term and, although the parties may designate any document a finance document, it typically includes:

Facility agreements.
Security documents (such as mortgages and charges).
Guarantees and indemnities.
Agreements appointing security trustees.
Swaps and other derivative contracts.
Priority and ranking agreements (such as intercreditor agreements).
Drawdown requests.
Fee letters.

End of Document

Also Found In

Lending: General

Resource ID 9-501-2654

Maintained

Resource Type Glossary

Jurisdiction

United Kingdom