Document background
The Inter Lender Agreement is a crucial document in complex financing arrangements under Irish law where multiple lenders are involved in providing different types or tranches of debt to a borrower. It is typically used in syndicated loans, project finance, real estate finance, and other structured finance transactions where there are various classes of creditors with different priorities and interests. The agreement defines how lenders will interact with each other, vote on key decisions, share in security and enforcement proceeds, and handle payment priorities. It incorporates relevant Irish and EU financial regulations and usually works in conjunction with a facility agreement and security documents. The document is essential for managing potential conflicts between lenders and ensuring orderly decision-making in matters affecting the overall lending arrangement.
