ÿþ<title>Negotiating & Drafting Commercial Credit Agreements - Overview</title> <table border="0" width="100%" cellspacing="12" cellpadding="0" id="table1"> <tr> <td align="left" valign="top" colspan="2"> <p style="margin-top: 0; margin-bottom: 18px"> <b><font face="Arial" size="3"> <a target="_blank" href="/Materials/Seminars/54310.pdf"> <img border="0" src="/Materials/Seminars/54310_brochure.jpg" align="right"></a></font></b><font face="Arial" color="#333333" style="font-weight:700" size="4">Negotiating &amp; Drafting Commercial Credit Agreements</font></p> <p style="margin-top: 0; margin-bottom: 24px"> <b><i><font face="Arial" size="3"> A jam-packed, value-laden, thorough treatment of new law and major issues involved in commercial credit agreements.</font></i></b></p> <p style="margin-top: 0; margin-bottom: 12px"></p> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2"> <b> </b>Highlights include:</b></font></p> <ul> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Working with variants: term/revolving; size; collateral; syndications</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Customizing a credit agreement: lender and borrower perspectives</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Understanding LIBOR in base rate loans</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Working with mechanics and pricing issues</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Negotiating asset-based lending provisions  IRC 956 problems, borrowing bases, collateral access, etc.</font></p></li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Utilizing conditions, representations and non-financial covenants  IP, solvency, etc.</font></p></li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Working with financial covenants  EBITDA,  covenant-lite transactions, etc.</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Handling defaults</font></p></li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Syndicating the credit</font></p></li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Reviewing  boilerplate provisions</font></p> </li> <li> <p style="margin-top: 0; margin-bottom: 12px"> <font face="Arial" size="2">Managing the closing and payoff</font></p> </li> </ul> </td> </tr> <tr> <td align="left" valign="top">&nbsp;</td> <td align="left" valign="top" width="100%"> &nbsp;</td> </tr> </table>