Evergreen facility and Exemption clause: Difference between pages

Revision as of 09:34, 27 November 2014

Contract law.

A term in a contract purporting to exclude or restrict the liability of one of the parties in specified circumstances.

Also known as Exclusion clause.

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-An evergreen facility is a facility whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).
+''Contract law''.
+A term in a contract purporting to exclude or restrict the liability of one of the parties in specified circumstances.
+Also known as Exclusion clause.
 == See also ==
-* [[Evergreen deposit]]
+* [[Liabilities]]
-* [[Green finance]]
+* [[Contract]]
-* [[Greenshoe option]]
+* [[Clause]]
-* [[Maturity]]
+* [[Exempt]]
+* [[Partial exemption]]
-[[Category:The_business_context]]
+[[Category:Compliance_and_audit]]
-[[Category:Long_term_funding]]
+[[Category:Treasury_operations_infrastructure]]
-[[Category:Cash_management]]
-[[Category:Financial_products_and_markets]]
-[[Category:Liquidity_management]]