Assignment and Assumption: Single Assignment of Loans

Resource type: Standard Document

Status: Maintained

Jurisdiction: USA

A standard form of assignment and assumption of loans and commitments used for assignments between a single assignee and a single assignor in syndicated loan transactions. This Standard Document is typically included as an exhibit to the loan agreement and is consistent with the form of assignment and assumption published by the Loan Syndications and Trading Association (LSTA). This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

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Resource ID: 2-382-1269
Products: PLC US Finance, PLC US Law Department
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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