The purpose of each of our client memos is to highlight for the reader developments in the middle-market lending space that we have observed over the course of our practice. While each deal is different, over time certain identifiable trends arise and may even become fixtures of loan documentation.
This client memo will outline the basic concepts and mechanics of a loan provision commonly known as an equity cure right and will seek to describe the qualifications and limitations lenders have required in order to incorporate this provision into their loan agreements.
Please see full publication below for more information.