Anti-Hoarding Provisions: What’s Trending?

Anti-hoarding provisions restrict a borrower’s potential to stockpile money underneath its revolving line of credit score to shore up liquidity within the occasion of an financial downturn within the oil and gasoline market. Whereas using these provisions has declined lately, inflation, fears of a recession, worldwide instability, home labor shortages, and protracted provide chain challenges make it tough to foretell the trajectory of anti-hoarding provisions in oil and gasoline credit score agreements. Learn this apply be aware discussing latest market tendencies to be taught extra. Learn now » Associated Content material Reserve-Based mostly Loans See this dialogue of the important thing traits of reserve-based loans. Reserve-based loans have been widespread within the oil and gasoline {industry} lately, particularly amongst non-investment grade exploration and manufacturing firms. Asset-Based mostly Lending Useful resource Equipment Take a look at this useful resource equipment offering an outline of asset-based lending. Asset-based loans could also be utilized by all kinds of companies, each by way of dimension and credit score high quality, and may additionally be used for various functions. This useful resource equipment contains steering on the core parts of an asset-based mortgage transaction, together with detailed apply notes, templates, and checklists. Financing the Upstream Oil and Gasoline Transaction Learn this apply be aware discussing the financing of upstream oil and gasoline transactions. Upstream oil and gasoline firms have quite a lot of financing sources. This be aware discusses the customary options of typical debt financings, fairness financings, and sure three way partnership constructions employed by non-investment grade, privately held, upstream oil and gasoline firms in the US. Sensible Steerage Updates That includes the most recent updates out of your Sensible Steerage account. Market Requirements—Finance PIK Curiosity Clause (Bilateral Credit score Settlement) PIK Curiosity Clause (Syndicated Credit score Settlement) Market Traits 2023/24: Asset-Based mostly Lending Sustainable Finance and ESG Useful resource Equipment Market Traits 2024: Non-public Credit score and Unitranche Financings Market Traits 2023/24: Telecommunications Trade Financing Market Traits 2023/24: Covenant-Lite Loans Credit score Scores Video Direct Settlement Sustainability Certificates Financial institution Failure Useful resource Equipment assembles Sensible Steerage assets protecting matters associated to financial institution failures. Evaluation this steering, AI and Authorized Ethics: What Attorneys Must Know , within the Summer time Version of the Sensible Steerage Journal . Discover insights from a decide into using GenAI in civil litigation, together with discovery points, use instances, and key takeaways. Additionally advance your profession with skilled and enterprise growth steering. Pay attention Up! The Sensible Steerage and Law360 Podcasts Useful resource Equipment options interviews with industry-leading attorneys on leading edge points within the legislation: NFTs, Hashish, COVID, and extra. Authorized Developments present the most recent updates and analyses of rising matters impacting your apply space. Go to the Authorized Developments web page to see the most recent matters, which additionally embrace breaking authorized information and associated Sensible Steerage content material. Be taught in regards to the 2000+ main lawyer authors contributing to our 26 apply areas within the Sensible Steerage Creator Heart . Concerned with changing into a Sensible Steerage writer? Click on right here for particulars . Sensible Steerage is dedicated to amplifying numerous voices of attorneys throughout all variations, together with gender and race. Doc alerts will let you keep present on authorized developments that have an effect on your apply. Learn the way to arrange your doc alerts. PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB Expertise outcomes right this moment with sensible steering, authorized analysis, and data-driven insights—multi functional place. Expertise Lexis+