{"id":17323,"plugin_id":"plugins_6a762144ebfc819193f91d9fd4715102","kind":"skill","collection_source":null,"comparison_source":null,"observed_at":"2026-09-30T23:14:06.001Z","digest":"6cd37551e16d3ec0e3d6bc2605451ace1f02ade4f9f590d009e8c61be4323940","against":null,"payload":{"description":"Reviews facility agreements for economics, conditions, representations, covenants, defaults, transfers, security and enforcement risk. Use for bilateral or syndicated loans, revolving or term facilities, acquisition finance, refinancings or amendment requests.","included_files":[{"relative_path":"agents/openai.yaml","size_in_bytes":296}],"name":"loan-agreement-reviewer","skill_md_contents":"---\nname: loan-agreement-reviewer\ndescription: Reviews facility agreements for economics, conditions, representations, covenants, defaults, transfers, security and enforcement risk. Use for bilateral or syndicated loans, revolving or term facilities, acquisition finance, refinancings or amendment requests.\n---\n\n# Loan Agreement Reviewer\n\nReview from the instructed party's perspective while showing how provisions interact across the finance documents. Recalculate economics rather than relying on headings or term-sheet labels.\n\n## Required inputs\n\n- Review side, objectives, risk tolerance and governing law\n- Draft facility, term sheet, fee letters and existing debt documents\n- Borrower and guarantor group, ownership, purpose and transaction structure\n- Facility amount, currency, tenor, amortisation, pricing and hedging\n- Financial model, accounts, projections and covenant definitions\n- Security, guarantees, intercreditor terms and existing indebtedness\n- Regulatory, tax, sanctions, licensing and disclosure constraints\n\n## Method\n\n1. **Build the term map.** Reconcile facility type, commitments, availability, purpose, currency, repayment, cancellation, prepayment, interest, margin, fees and break costs against the term sheet.\n2. **Recalculate economics.** Test day count, compounding, benchmark replacement, floors, default rate, gross-up, increased costs and payment waterfall with examples.\n3. **Review utilisation controls.** Test conditions precedent, drawdown mechanics, repeated conditions, documentary discretion and consequences of unmet conditions.\n4. **Test representations.** Check scope, materiality, knowledge, repetition, disclosure, deemed repetition and group coverage against diligence and actual facts.\n5. **Test undertakings.** Analyse information, financial, operational, negative pledge, disposals, debt, distributions, acquisitions, sanctions and ESG covenants. Identify consent baskets, thresholds and cure mechanics.\n6. **Test defaults.** Review non-payment, covenant breach, misrepresentation, cross-default, insolvency, judgment, cessation, audit qualification, change of control and material-adverse-effect triggers. Check grace, materiality and acceleration mechanics.\n7. **Review lender powers.** Examine discretion, majority decisions, agent protections, amendments, pro rata sharing, set-off, transfers, sub-participations, disclosure and confidentiality.\n8. **Integrate credit support.** Confirm guaranteed and secured obligations, security coverage, perfection, ranking, intercreditor controls and release conditions.\n9. **Model exits and stress cases.** Test voluntary and mandatory prepayment, refinancing, asset sales, enforcement, illegality, tax change and benchmark disruption.\n\n## Output\n\nProduce an executive risk summary, clause-by-clause issue table, economics schedule, covenant and basket model, default-trigger map, proposed redlines with fallbacks, conditions checklist and document-interaction matrix.\n\n## Guardrails\n\n- Do not invent commercial approval, financial headroom, compliance or enforceability.\n- Do not hide fees, compounding, lender discretion or acceleration risk in summaries.\n- Distinguish a drafting issue from a credit, accounting, tax, regulatory or model risk.\n- Flag consumer, small-business, sanctions, anti-money-laundering and data-transfer controls where applicable.\n- Require local finance counsel and financial-model review before execution.\n"},"changes":[],"summary":"First saved snapshot. No earlier version is available for comparison.","summary_kind":"deterministic","summary_metadata":{}}