Written Consent (Lending): Omnibus Subsidiary Guarantor (LLC) | Practical Law

Written Consent (Lending): Omnibus Subsidiary Guarantor (LLC) | Practical Law

A form of written consent to be used when authorizing multiple related companies that are limited liability companies are taking action to authorize the companies 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 (Lending): Omnibus Subsidiary Guarantor (LLC)

Practical Law Standard Document 5-383-9041 (Approx. 14 pages)

Written Consent (Lending): Omnibus Subsidiary Guarantor (LLC)

by Practical Law Finance
MaintainedUSA (National/Federal)
A form of written consent to be used when authorizing multiple related companies that are limited liability companies are taking action to authorize the companies 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.