the authoritative voice of the EMEA market

Real Estate Finance

Name of DocumentFormatsDate RevisedMarkup
REF Term Sheet for Multiproperty Investment TransactionsWord18/11/2016PDF
REF Term Sheet for Euro Term Facility Agreement (German law, German language)Word18/11/2016PDF
REF Term Sheet for Development TransactionsWord18/11/2016PDF
REF Term Sheet for Euro Term Facility Agreement (German law)Word18/11/2016PDF

> Guidance

Name of DocumentFormatsDate RevisedMarkup
User Guide to Real Estate Finance Multiproperty Investment Facility AgreementPDF13/09/2017PDF
User Guide to Real Estate Finance Development Facility AgreementPDF13/09/2017PDF
Users Guide to the German Law version of form of Facility Agreement for use in Real Estate Finance Multiproperty Investment TransactionsPDF12/10/2016PDF
Users Guide to the German Law (German language) version of form of Facility Agreement for use in Real Estate Finance Multiproperty Investment TransactionsPDF14/07/2016PDF

> Facility Agreements

Name of DocumentFormatsDate RevisedMarkup
LMA Recommended Revised Form of Replacement Screen Rate Clause and Users GuideWord25/05/2018PDF
Single Currency Term Facility Agreement for Real Estate Finance Multiproperty Investment TransactionsWord13/09/2017PDF
Single Currency Term Facility Agreement for Real Estate Finance Development TransactionsWord13/09/2017PDF
Euro Term Facility Agreement for Real Estate Finance Multiproperty Investment Transactions (German Language, German Law Version)Word11/08/2017PDF
Euro Term Facility Agreement for Real Estate Finance Multiproperty Investment Transactions (English Language, German Law Version)Word11/08/2017PDF
Domestic Benchmark Slot-in SchedulesWord18/07/2017PDF
REF Financial Covenant Cure RiderWord08/10/2015PDF

> Guidance

Name of DocumentFormatsDate RevisedMarkup
LMA Intercreditor User Guide for Real Estate Finance Transactions (contractual subordination only)PDF26/08/2016PDF
LMA Intercreditor User Guide for Real Estate Finance TransactionsPDF10/06/2014PDF

> Documentation

Name of DocumentFormatsDate RevisedMarkup
LMA Intercreditor Agreement for Real Estate Finance TransactionsWord18/07/2017PDF
LMA Intercreditor Agreement for Real Estate Finance Transactions (contractual subordination only)Word18/07/2017PDF

> Guidance

Name of DocumentFormatsDate RevisedMarkup
REF Security Agreement User GuidePDF18/11/2016PDF
User Guide for Insurance Broker LetterPDF10/02/2016PDF

> Documentation

Name of DocumentFormatsDate RevisedMarkup
REF Security AgreementWord18/11/2016PDF
LMA Insurance Broker LetterWord10/02/2016PDF

See the 'Issues and Guidance' tab on the left-hand side for further information and guidance when using LMA documentation.

These Materials (which term includes, where the context permits, text, content, spreadsheets incorporating macros and electronic interfaces, and their underlying assumptions, conversions, formulae, algorithms, calculations and other mathematical and financial techniques) are made available to members of the Loan Market Association to facilitate the documentation of transactions in the loan markets. None of the Loan Market Association, Allen & Overy or Clifford Chance accept any responsibility for any use to which these Materials may be put or for any loss, damage or liability whatsoever arising from such use. None of the Loan Market Association, Allen & Overy or Clifford Chance has reviewed the laws of any jurisdiction which may apply to either party to an agreement using these Materials and its subject matter. Members should therefore consider all the relevant legal, accounting and regulatory issues before using these Materials or entering into a transaction under them and, if appropriate, consult their professional advisers.

In relation to recommended form documents, members are responsible for ensuring that the precise form and content of the documentation for a particular transaction is appropriate. Members should therefore satisfy themselves that the documents and any modifications to them are appropriate in the circumstances and the economic intentions of the parties.

The Loan Market Association consents to the use, reproduction and transmission of these Materials by members of the Loan Market Association only for the preparation and documentation of agreements relating to transactions or potential transactions in the loan markets. The Loan Market Association does not consent to the use, reproduction or transmission of these Materials for any other purpose, in any other manner or by any other person and expressly reserves all other rights.