Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Funding agreement definition

What does Funding agreement mean? In construction practice, a funding agreement is the finance contract—often a loan or development facility—under which a lender provides development finance to the employer/developer for a construction project. The expression is descriptive rather than defined by statute or case law, and is used across construction finance. Typical features include: conditions precedent (for example executed building contracts and professional appointments, collateral warranties/third‑party rights, insurances and planning), drawdown mechanics and use of proceeds, cost‑to‑complete and contingency controls, monitoring surveyor reporting, financial and project covenants, consent rights over variations and extensions of time, undertakings to provide information, events of default and drawstop...

Creditor Litigation Funding Deed for Insolvency Office-Holder: Loan with Interest, Priority Repayment from Recoveries and Optional Fixed and Floating Charge (England and Wales)

Published by a LexisNexis Restructuring & Insolvency expert

Precedents

Parties

[ Name of company in administration or Liquidation ] (in [ administration OR liquidation ]) (the Company), with its address at [ Company’s address ], acting by [ [ individual's name ], in his capacity as [ Administrator OR Liquidator ] of [ the Company ], of [ Company’s address or Office-Holder’s address (if different) ] (the Office-Holder) OR [ individual's name ], in his capacity as [ Administrator OR Liquidator ] of [ name of company in administration or liquidation ] (in [ administration OR liquidation ]) (the Company), of [ Company’s address or Office-Holder’s address (if different) ] (the Office-Holder) ]
[ creditor's name ] of [ creditor’s address ] (the Creditor)

Recitals

[ On [ date ], the court made a winding-up order against the Company following the petition of [ name of the petitioner ] presented to the court on [ date ] OR On [ date ], the Company went into administration ]
On [ date ], [ Office-Holder’s name ] was appointed as the Company’s [ [ Administrator ] OR [ Liquidator ] ]...

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Paul Wright

Selborne Chambers

Paul Wright is a barrister at Selborne Chambers. Prior to that, he was a member of 9 Stone Buildings for several years, after successful completion of his pupillage in chambers. In addition, Paul previously worked as part of the knowledge management team in the restructuring and insolvency department of Freshfields Bruckhaus Deringer LLP and, during his first year of practice, he was seconded to the restructuring and insolvency Team at Fieldfisher LLP in London.He specialises in commercial and chancery practice and is a contributing editor of Insolvency Legislation: Annotations & Commentary (Louis Doyle & Professor Andrew Keay (eds)) LexisNexis 7th Edition (ISBN 978-1-7847-3398-8). Paul is also a regular contributor to a number of legal journals, with articles on various aspects of civil and insolvency litigation....

Web page updated on 22/05/2026

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