general undertakings
The term used in Loan Market Association (LMA) template documentation for the affirmative and protective covenants under the agreement. [...]
information undertaking
The requirement of borrowers to provide audited financial statements within a certain period of time, compliance certificates, notice of default and o [...]
indemnity
Compensation for costs, loss or damages incurred due to the acts of the indemnitor or any other party. [...]
interest
1. The payment of a borrower or financial institution to a lender or depositor, respectively, of an amount of the principal based on a certain referen [...]
cancellation
The reduction of the whole or any part of a lender's commitment by the borrower, which applies first to the prepayment of drawn term loans. [...]
prepayment
A borrower’s payment of any outstanding principal under a facility agreement prior to the scheduled repayment date, either voluntary or mandatory. [...]
