Document background
The Loan Market Agreement is a fundamental document used in Irish commercial lending transactions to establish and govern the relationship between lenders and borrowers. This agreement type is particularly relevant for corporate financing, acquisition financing, real estate development, and general commercial lending purposes in Ireland. The document incorporates specific provisions required under Irish law and regulatory framework, including compliance with Central Bank of Ireland regulations and relevant EU directives. It contains detailed sections covering facility terms, conditions precedent, representations and warranties, covenants, and events of default, tailored to Irish market practices and legal requirements. The agreement is designed to protect the interests of all parties while ensuring enforceability under Irish law and maintaining consistency with international lending standards.
