Product Description

Commercial loans are a key source of working capital for businesses. Structuring, documenting, and closing a commercial loan transaction from term sheet to funding requires deal lawyers to have a firm grasp of all aspects of commercial loan documentation and relevant commercial law. Hear our panel of experienced lawyers discuss these important topics in the context of today’s commercial lending environment and provide an overview of the key provisions of the basic loan and security documents with an emphasis on the best practices for negotiating these documents—whether as borrower’s counsel or lender’s counsel. Sample loan and collateral documents are included in the program materials. Bring your questions to customize this highly focused, moderated dialogue with the experts.

Agenda & Materials

• 2:00 - 2:05 p.m.

  Welcome and Introduction

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• 2:05 - 2:40 p.m.

  Structuring the Deal

  on demand video Add to Cart
• A. Commercial Loans: Issues in Deal Structures

  Jamie N. Class, Esq., Foley & Lardner LLP , Boston
  
• B. Multiple Lenders

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• C. Term Sheets and Commitment Letters

  Sean W. Gilligan, Esq., Gesmer Updegrove LLP , Boston
  
• 2:40 - 2:50

  Running the Deal - Starting the Documentation and Due Diligence Process

  on demand video Add to Cart
• A. Closing Agendas

  Jamie N. Class, Esq., Foley & Lardner LLP , Boston
  
• B. Perfection Certificates

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• 2:50 - 3:40 p.m.

  Drafting the Deal Documents

  on demand video Add to Cart
• A. Loan Agreement - Key Provisions/Financial Covenants - and Promissory Notes

  Jamie N. Class, Esq., Foley & Lardner LLP , Boston
  
• B. "Bank" Payment Guaranties - Recourse v. Non-Recourse

  Sean W. Gilligan, Esq., Gesmer Updegrove LLP , Boston
  
• C. Third Party Agreements - Landlords Lien Waivers/Access Agreements and Debt Subordination Agreements

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• 3:40 - 3:50 p.m.

  Networking and Refreshment Break
• 3:50 - 4:20 p.m.

  Personal Property Collateral Documentation

  on demand video Add to Cart

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• A. All Assets Security Agreements
• B. Perfection Requirements (Filing/Non-Filing)

  • UCC Financing Statements
  • Bank Deposit Account Control Agreements

  Matthew P. Doring, Esq., Nutter McClennen & Fish LLP , Boston
  
• 4:20 - 4:50 p.m.

  Real Estate Collateral Documentation

  on demand video Add to Cart
• A. Mortgage/Deed of Trust
• B. Assignment of Leases and Rents
• C. Subordination, Non-Disturbance and Attornment Agreements ("SNDA's")
• D. Consideration Issues For Non-Borrower Parties

  Sean W. Gilligan, Esq., Gesmer Updegrove LLP , Boston
  
• 4:50 - 5:00 p.m.

  "Ask the Experts" Q&A Session

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty