This credit crunch will be grim, but most emerging markets can avoid catastrophe. The biggest ones are in relatively good shape. The more vulnerable ones can (and should) be helped.
The various emerging economies are in different states of readiness, but the cumulative impact of all this will be enormous. Most obviously, how these countries fare will determine whether the world economy faces a mild recession or something nastier. Emerging economies accounted for around three-quarters of global growth over the past 18 months. But their economic fate will also have political consequences.
Revolving Line of Credit Loan Agreement
THIS AMENDED AND RESTATED REVOLVING LINE OF CREDIT LOAN AGREEMENT (this “Agreement”) is made as of _________,_________,_________(M,D,Y) (the “Effective Date”), by and between AAA, a _________(STATE) corporation (“AAA”), whose address is _________, and BBB., a _________(STATE) corporation (“Debtor”), whose address is _________.
PRELIMINARY STATEMENT:
Credit Agreement
dated as of
_________,_________,_________(M,D,Y),
among
AAA LTD.,
as the Borrower,
BBB,
as the Lenders,
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