It is not surprising that the terms of the highest-paying provisions are often one of the most negotiated components of a credit facility, with lenders trying to apply the most payment to any additional debts and borrowers trying to limit its application as much as possible. While it is generally true that the most received provisions are triggered when the total return on the newly issued tranche of pani-passu debt exceeds the total return on existing debt, there may be exceptions and limitations. Among the most common are: 1 Such pre-emptive rights may be prohibited when ACF`s proposals in its October 2016 consultation paper “Investment and Corporate Banking: Prohibition of Restrictive Contractual Clauses” (CP16/31) come into force. It is perhaps not surprising that the terms of DFN provisions are often one of the most commonly negotiated components of a credit facility, with lenders who want to apply most withdrawals to all additional debts and borrowers looking to limit its application as much as possible. While it is generally true that the provisions of most payments are triggered when the total return on the new tranche of Pani-Passu debt exceeds the total proceeds of the existing debt, there may be exceptions and limitations. Some are the most common: the application of the provisions of the longest limitation regime varies from one agreement to another in terms of the size, duration and nature of the debt to which they apply. An experienced borrower will fully understand the circumstances in which financing an add-on could trigger the protection of the credit facility of the largest source of supply and potentially lead to a revaluation of existing debt. Indeed, the spectre of such a revaluation should allow a pause for any borrower considering this financing approach. In the past, large-scale agreements and leading animal sponsors have been retained, incremental institutions (also called accordion or additional organizations) are an integral part of credit markets and are becoming more and more common in the field of business lending. In the case of loans financed by loans, additional facilities were integrated to such an extent that only 1% of all European operations carried out by DebtXplained in 2015 did not include additional relief. The frequency with which additional facilities are included in facility arrangements has led some stakeholders to request the Credit Market Association (“LMA”) to include in the recommended form of the credit-financed facility arrangement a number of optional provisions relating to additional facilities (the “LMA Provisions”). Given the prevalence of additional facilities in recent years, many promoters and corporate borrowers using additional facilities (or at least negotiating the possibility of including additional facility provisions in facility agreements) will, subject to agreement with the group of lenders of certain important commercial terms, have a preferred form of additional facility provisions with which they are they are comfortable and consequently use for the majority of their credit financing operations.