Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does clear market provision mean?

Suggestion/Report Error
clear market provision

A provision found in the mandate letter or commitment letter in which the borrower undertakes that neither the borrower nor any borrower group company shall engage in any attempt to raise any other financing in the domestic or international markets prior to successful completion of syndication except with the prior consent of the mandated lead arrangers, the bookrunners and the underwriters.

© 2015-2023 Pecunica LLC.  All rights reserved.