Introduction to the Loan and Security Agreement

Objectives & Description

In this module, the instructors will walk viewers through the structure of a typical Loan and Security Agreement for an asset-based loan transaction. Topics covered:
• Definitions
• Agreement to Lend
• Description of Credit Facilities
• Pricing
• Loan Administration
• Term and Termination
• Conditions Precedent
• Security Interests
• Representations and Warranties
• Affirmative, Negative and Financial Covenants
• Events of Default
• Remedies on Default
• Miscellaneous Provisions

Instructor: Lee Podair, Arielle Strauss