The LMA documentation is prepared after extensive consultation with leading credit practitioners and law firms in order to present an agreed common view of documentation structures The guide contains (a) a description of all documents available for receivables transactions, (b) advice on when credit negotiation should be carried out as a receivables negotiation, (c) an overview of the main provisions of the trading documents that will assist users when negotiating a receivables negotiation and (d) a proposed timeline for a receivables transaction. According to the market disturbance clause, in the event of a market disturbance, each lender`s actual financing costs are used to calculate the interest rate on its loans instead of LIBOR. Include a « LIBOR floor » in this clause so that no lender suffers from this clause if its financing costs are lower than LIBOR. The UAA agreement now contains this word. These documents (the term of which, where context permits, includes text, content, spreadsheets with macros and electronic interfaces, as well as their underlying assumptions, conversions, formulas, algorithms, calculations and other mathematical and financial techniques) are provided to members of the Loan Market Association in accordance with the by-laws of the Loan Market Association (a copy of which is available here), facilitate the documentation of transactions in credit markets. .