Assignment and Assumption: Multiple Assignments of Loans | Practical Law

Assignment and Assumption: Multiple Assignments of Loans | Practical Law

A Standard Document for a master assignment and assumption of loans and commitments used for multiple assignments in syndicated loan transactions. This Standard Document (or a similar form for single assignments) is typically included as an exhibit to the loan agreement. It 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.

Assignment and Assumption: Multiple Assignments of Loans

Practical Law Standard Document 5-500-1596 (Approx. 12 pages)

Assignment and Assumption: Multiple Assignments of Loans

by Practical Law Finance
MaintainedUSA (National/Federal)
A Standard Document for a master assignment and assumption of loans and commitments used for multiple assignments in syndicated loan transactions. This Standard Document (or a similar form for single assignments) is typically included as an exhibit to the loan agreement. It 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.