Loan and Security Documents: A Negotiating Handbook is an essential guide for anyone involved in drafting or negotiating UK corporate borrowing and security agreements. This third edition has been updated to reflect changes imposed by the UK's Companies Act 2006. The book contains authoritative, clearly drafted, precedent agreements covering the most common UK lending and security transactions. Each agreement is annotated, clause by clause, with clear, practical advice directed specifically at both the lender and the borrower, outlining, amongst other things, the purpose of each clause, the opportunities for negotiation, and the effect the clause has in practice. Loan and Security Documents: A Negotiating Handbook is an indispensable source of practical knowledge, which provides practitioners with a real negotiating advantage for their clients.