Written Consent of the General Partner (Lending): Omnibus Subsidiary Guarantor (Limited Partnership) | Practical Law

Written Consent of the General Partner (Lending): Omnibus Subsidiary Guarantor (Limited Partnership) | Practical Law

A form of written consent to be used when authorizing multiple related subsidiary guarantors that are limited partnerships to guarantee their parent company's obligations under a loan transaction without a formal meeting. This Standard Document has integrated notes with important explanations and drafting tips.

Written Consent of the General Partner (Lending): Omnibus Subsidiary Guarantor (Limited Partnership)

by Practical Law Finance
MaintainedUSA (National/Federal)
A form of written consent to be used when authorizing multiple related subsidiary guarantors that are limited partnerships to guarantee their parent company's obligations under a loan transaction without a formal meeting. This Standard Document has integrated notes with important explanations and drafting tips.