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This will disappoint most [[legal eagle]]s — like all performance artists, they like to be the main event — but still it ''must'' be the most effective critical path. | This will disappoint most [[legal eagle]]s — like all performance artists, they like to be the main event — but still it ''must'' be the most effective critical path. | ||
Starting, instead, with a [[Indenture|trust indenture]] that | Starting, instead, with a [[Indenture|trust indenture]] that we hope and pray but cannot ''know'' has all those key commercial elements integrated into it, but dispersed randomly and cryptically throughout its 90-page heft, cannot be as quick. And should there be even a whiff of indemnity — however ill-judged, or insignificant, or uncalled-for — a foraging eagle will be drawn to it, like a moth to a lamp and she will have to ''address'' it. To hell with the main commercial terms: this existential risk must be addressed, and addressed now. | ||
Whereupon, strap yourselves in for six months of torture as this performance grinds on: counsel will get waylaid with every typo, representation, and scheduled form of drawdown request notice — they may never make it to the gritty commercial terms. They may never even ''find'' them. Most likely, they will never even know what they ''are''. | Whereupon, strap yourselves in for six months of torture as this performance grinds on: counsel will get waylaid with every typo, representation, and scheduled form of drawdown request notice — they may never make it to the gritty commercial terms. They may never even ''find'' them. Most likely, they will never even know what they ''are''. | ||