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Loan Consent Letter
"I need a Loan Consent Letter for our corporate borrower to permit the sale of a subsidiary company, based on our existing £50M facility agreement dated 15 March 2025, ensuring all existing security arrangements remain in place."
1. Date and Reference: Clear identification of when the consent is given and any reference numbers
2. Addressee Details: Full details of the party to whom consent is being given
3. Original Loan Details: Reference to the original loan agreement including date and parties
4. Consent Subject Matter: Clear description of what is being consented to
5. Conditions of Consent: Any conditions that must be met for the consent to be valid
6. Signature Block: Space for authorized signatory
1. Fee Information: Details of any fees charged for providing consent - include when a fee is being charged for the consent
2. Time Limitation: Period for which the consent remains valid - include when the consent is time-limited
3. Additional Parties: Reference to other relevant parties - include when consent affects multiple parties
1. Copy of Original Loan Agreement: Reference document showing original terms
2. Supporting Documentation: Any relevant documents supporting the reason for consent
3. Authority Evidence: Evidence of authority to provide consent if required
Authors
Consent
Business Day
Effective Date
Facility
Original Lender
Security
Security Documents
Event of Default
Material Adverse Effect
Permitted Action
Conditions Precedent
Authorisation
Existing Facilities
Finance Documents
Financial Indebtedness
Interest Period
Secured Obligations
Security Interest
Transaction Documents
Borrower Group
Relevant Jurisdiction
Nature of Consent
Conditions Precedent
Representations and Warranties
Reservation of Rights
Amendments
Costs and Expenses
Governing Law
Jurisdiction
Confidentiality
Notices
Third Party Rights
Severability
Counterparts
Assignment
Time Limits
Further Assurance
Waiver
Entire Agreement
Authority
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