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Development (construction) finance provisions: facility agreement
Practical Law UK Standard Clause 0-512-4953 (Approx. 82 pages)
Development (construction) finance provisions: facility agreement
These standard clauses contain development (construction) finance definitions, conditions precedent, representations and warranties, covenants (or undertakings) and events of default for use in a facility agreement (or loan agreement).
Integrated drafting notes have been included, which explain the law behind and commercial reasons for the clauses. For detailed information about legal issues that may arise when drafting development finance provisions in a facility agreement, see Drafting note, About this document.
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Resource ID 0-512-4953
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