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It is a tougher market out there at the moment, but many Symposium delegates tended to agree that lenders who have a strong balance sheet, strong relationships and strong client lists can look forward to growth in the future.
Recent banking industry events have given renewed attention to defaulting lender provisions. In the past defaulting lender mechanics in subscription credit facility has been viewed as boiler plate language receiving little attention.
In years past defaulting lender mechanics in a subscription credit facility may have been viewed as boiler plate language and, in most cases, the relevant provisions have not received.