LSTA Publishes New Model Credit Agreement Tax Provisions

26 September 2011
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Key takeaways 

  • On August 10, 2011, the LSTA released a new version of its Model Credit Agreement Provisions, including revised tax provisions. 
  • The LSTA model is generally favorable to the interests of lenders, and borrowers should carefully scrutinize the tax provisions of any proposed credit agreement that is based on the LSTA Model.