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Hide Comments in the Facility Agreement

Hide Comments in the Facility Agreement and eSign it in minutes

Aug 6th, 2022

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A step-by-step guide regarding how to Hide Comments in the Facility Agreement

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Put fillable fields and designate them to a particular receiver.
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How to Hide Comments in the Facility Agreement

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In this video you are going to learn how to remove comments in Word and you are also going to learn how to keep the comments but only hide them. If you want to remove only a single comment, click on the comment you want to delete, go to the Review tab and in the section Comments click on delete. If you have multiple comments and you want to remove all comments at once, click on the dropdown arrow under the delete button and then click on Delete all comments in Document. If you dont want to delete the comments but rather hide them, then go to the section called Tracking and in the dropdown menu choose Original. And, thats it, BUT before you go: please support this channel by hitting the subscribe button, liking the video and maybe also sharing your feedback in the comments.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What are the clauses in a facility agreement?

A typical credit facility agreement carries clauses making provisions for the loan duration, interest rate, repayment terms, penalties for default, and loan warranties.

What is the snooze you lose clause?

What does You snooze you lose mean? A provision in a facility agreement under which the commitment of a lender that does not respond to a borrower request for a consent, amendment or waiver within a specific time period is discounted when calculating whether the necessary lender majority has been obtained.

What is a yank the bank clause?

Yank the bank a clause used in more complex financing agreements to allow the borrower to get rid of a bank in a group of lenders.

How does a bank borrow money?

It can borrow from another bank, or it can borrow from the Federal Reserve. Borrowing from another bank is the cheaper option, but many commercial banks, especially when only taking out an overnight loan to meet reserve requirements, elect to borrow from the discount window because of its simplicity.

What is a no default repeating representation?

The No Defaults representation states that the party is not aware of being in any material default, or aware of any events or circumstances that could foreseeably result in such default, except for any defaults disclosed within the agreement.

What is an example of Yank the bank clause?

This gives a Borrower the right to replace a single Lender in a Syndicate with a new Lender under certain circumstances. Examples of such circumstances include a Lenders failure to fund a loan or providing a dissenting vote on an amendment where the majority of the Lenders have approved.

What are representations and warranties in a loan agreement?

In financing documents (such as loan agreements) representations and warranties are given by the borrower to induce the lenders to make loans. Once the loans are made, if a representation is no longer true, the lenders have the right to enforce their remedies against the borrower.

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