# Flex clause

- Canonical URL: https://www.gerhardmerk.de/flex-clause
- Post ID: 589406
- Modified: 2023-07-25T21:00:31+00:00
- Language: en

## Definition

Contractual provision in a syndicated loan that allows the arranger to adjust its commission (agency fee) in the event of unexpected demand (clause in a contract that allows the arranger to increase or decrease the spread on the loan to reflect a situation of over-subscription or under-subscription). - In the case of a syndicated loan, the arranger's reservation to increase its commission in the event of poor market conditions (market flex clause: it allows to increase the spread in case of deterioration of the market conditions). - See Bought deal, Club deal, Fiscal agent, Fixed price reoffering procedure, Gestion commission, Roadshow, Syndication.... Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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