Recommended Documents

There are fourteen sub-headings under the Documentation area of the web site - available to members only. The following is a list of all the documents published by the Loan Market Association.

Documents are available for downloading to Members only within the Members Area

	Document
Primary (Investment Grade)
	Latest Changes to Primary IG Documents
	Agency Practices Summary
	LMA Multicurrency Term and Revolving Facilities Agreement
	LMA Multicurrency Term Facility Agreement
	LMA Multicurrency Revolving Facility Agreement
	LMA Single Currency Term and Revolving Facilities Agreement
	LMA Single Currency Term Facility Agreement
	LMA Single Currency Revolving Facility Agreement
	Users Guide to the Recommended form of primary documents
	LMA Syndication and Amendment Agreement
	LMA US Dollar Swingline Option
	LMA Euro Swingline Option
	LMA Letter of Credit Option
	LMA Term Sheet
	LMA Mandate Letter - Underwritten
	LMA Mandate Letter - Best Efforts
	LMA Confidentiality and Front Running Letter for Primary Syndication
	LMA Letter of Undertaking
	LMA Letter of Undertaking Users Guide
Primary (Leveraged)
	Leveraged Term Sheet
	Explanatory Memo on 2008 revisions to leveraged documents
	Senior Multicurrency Term and Revolving Facilities Agreement
	Users Guide To Form of Facility Agreement For Leveraged Finance Transactions
	Financial Covenants Provisions
	Financial Covenants Provisions Users Guide
	LMA Confidentiality and Front Running Letter for Primary Syndication
	LMA Letter of Undertaking
	LMA Letter of Undertaking Users Guide
Sec Debt Trading (Par)
	Explanatory Memo on the 2008 revisions to the LMA Confidentiality Letters
	LMA Trade Confirmation (Par)
	LMA Standard Terms and Conditions for Par Trade Transactions
	LMA Termination And Transfer Agreement (Novation) (Par)
	LMA Transfer Certificate (Par)
	Confidentiality Letter (Seller's Agent / Broker)
	Confidentiality Letter (Purchaser's Agent / Broker)
	LMA Funded Participation (Par)
	LMA Risk Participation (Par)
	Master Confidentiality Undertaking for use with Administration/Settlement Services Providers
	LMA Funded/Risk Participation (Par)
	LMA Risk to Funded Participation (Par)
	LMA Master Funded Participation Agreement (Par)
	LMA Master Risk Participation Agreement (Par)
	Rider permitting disclosure to numbering service providers and administration/settlement service providers
	LMA Assignment (Par)
	LMA Transfer Agreement (Par)
	LMA Confidentiality Letter (Seller)
	LMA Confidentiality Letter (Purchaser)
	LMA Master Confidentiality Undertaking
	LMA Optional Clause (Call Option)
	LMA Optional Clause (Put Option)
	LMA Settlement Letter for Par Trades
	Users Guide to Settlement Letter for Par Trades
	Schedule/Breakfunding Calculator for use with Settlement Letter for Par Trades
	Code of Practice
	Users Guide to Secondary Debt Trading (Par)
	Consultation Panel Guidelines
	Glossary of Terms for Transfers of Interests in Loans
Sec Debt Trading (Distressed)
	LMA Termination and Transfer Agreement (Novation) (Distressed)
	Users Guide to LMA Distressed Debt documentation
	Memo explaining latest revisions to documentation
	LMA Trade Confirmation (distressed/bank debt)
	LMA Trade Confirmation (distressed/claims)
	LMA Standard Terms and Conditions (bank debt/claims)
	Standard Representations and Warranties (bank debt/original lender of record)
	Standard Representations and Warranties (bank debt/secondary lender)
	LMA Standard Representations and Warranties (claims/original holder)
	LMA Standard Representations and Warranties for Distressed Debt Trade Transactions (claims/secondary holder)
	LMA Funded Participation (distressed)
	LMA Assignment (distressed/bank debt)
	LMA Assignment (distressed claims)
	LMA Transfer Agreement (distressed)
Mandatory Costs
	LMA Mandatory Costs - A Recommendation (Update)
Grey Market
	LMA Confidentiality and Front Running Letter for Primary Syndication
	LMA Letter of Undertaking
	LMA Letter of Undertaking Users Guide
French Law Primary
	LMA Multicurrency Term and Revolving Facilities Agreement
	User Guide to Multicurrency Term and Revolving Facilities Agreement
	LMA Multicurrency Term and Revolving Facilities Agreement (French Translation)
German Law Primary
	Multicurrency Term and Revolving Facility Agreement
	Users Guide
Islamic Finance Users Guide
	Users Guide to Islamic Finance Documents
Glossary of Terms
	Glossary of Terms for Transfers of Interests in Loans
Non-Public Information Papers
	Private and Inside Information in the Loan Market
	Joint Trade Associations paper on Non-Public Information
	Dealing with confidential and price sensitive information
	JMPF European Supplement
	US JMPF Paper Oct 2003
Competition Law Papers
	Key competition law areas of awareness
Mark-Ups
	Mark up of German law Multicurrency Term and Revolving Facility Agreement
	Mark up of French Law LMA Multicurrency Term and Revolving Facilities Agreement
	Mark up of French Law LMA Multicurrency Term and Revolving Facilities Agreement (French Translation)
	Mark-up of Mandatory Costs Recommendation
	Leveraged Facilities Agreement
	Users Guide to the LMA form of Leveraged Facilities Agreement
	Financial Covenants Provisions
	Term Sheet for Leveraged Finance Transactions
	Standard Terms and Conditions for Par Trade Transactions
	Transfer Agreement (Par)
	Assignment (Par)
	Confidentiality Letter (Seller)
	Confidentiality Letter (Purchaser)
	Master Confidentiality Undertaking
	Funded Participation (Par)
	Risk Participation (Par)
	Funded/Risk Participation (Par)
	Risk to Funded Participation (Par)
	Master Funded Participation Agreement (Par)
	Master Risk Participation Agreement (Par)
	Funded Participation (Distressed)
	Users Guide to Secondary Debt Trading Documentation (Par)
	Users Guide to Distressed Debt Documentation
	Confidentiality and Front Running Letter for Primary Syndication
	Leveraged Facilities Agreement mark up against 2008 pending document
Archived Standard Terms & Conditions
	LMA Par Terms & Conditions
	LMA Par Terms & Conditions
	LMA Par Terms & Conditions - includes competition rubric
	LMA Par Terms & Conditions
	LMA Par Terms & Conditions
	LMA Par Terms & Conditions - includes competition rubric
	LMA Distressed Terms & Conditions Apr '01
	LMA Distressed Terms & Conditions Oct '01
	LMA Distressed Terms & Conditions Oct '01
	LMA Distressed Terms & Conditions Oct '05
	LMA Distressed Terms & Conditions Oct '05 - includes competition rubric

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 recommended form of syndicated facility agreements, the optional wording to be inserted into the Facility Agreements and the Syndication and Amendment Agreement, which are located within documents "Primary (Investment Grade)", have been produced with the involvement of The Association of Corporate Treasurers and the British Bankers' Association (neither of which accepts any responsibility for any use to which these documents may be put or for any loss, damage or liability whatsoever arising from such use). Neither The Association of Corporate Treasurers nor the British Bankers' Association has been involved in the development of any of the other standard forms.

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.

In relation to the use of the Breakfunding Calculator (the "Calculator") whilst the Loan Market Association has taken reasonable skill and care to ensure that, when used correctly, the Calculator produces accurate guidance as to breakfunding costs, the Loan Market Association makes no representation or guarantee that information obtained from use of the Calculator will be complete, accurate or reliable. Results are provided without any warranty of any kind, express or implied. The proper working of the Calculator is reliant upon the correct input by users of information into all fields necessary to produce results. Failure by a user to input information fully and correctly is likely to lead to incorrect or misleading results produced by the Calculator, for which the Loan Market Association will not be responsible.