Indemnification Clause In Loan Agreement

One of our financial law specialists is happy to help you! the purpose of the tax indemnification clause, which is normally included in a loan agreement, that the standard design of the clause is favourable to the lender and that this limits the benefits to a borrower, and the indemnities provided for in each contract, including a loan agreement, are generally reported as permanent debt ratios that survive the termination of the contract. This is because if a party (the beneficiary of the compensation, here the lender) only discovers the loss after the termination of the contract, it can still return it without right. It is therefore important that the lender ensures that such wording is included in the credit agreement. The LMA`s standard credit agreements are made available to its members on the LMA website (www.lma.eu.com). . . .