---
title: "Build a conditions-precedent tracker for a credit agreement"
url: "https://ailawframework.com/practice/banking-and-finance/build-a-conditions-precedent-tracker-for-a-facility-agreement/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A3-B2-1-US"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Build a conditions-precedent tracker for a credit agreement

> Fill a conditions-precedent tracker from the signed credit agreement and the closing set the lawyer supplies, with the clause, the document and the status.

Canonical page: https://ailawframework.com/practice/banking-and-finance/build-a-conditions-precedent-tracker-for-a-facility-agreement/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Banking & Finance (Lending, Securities, Project Finance)](https://ailawframework.com/practice/banking-and-finance.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Fill a conditions-precedent tracker from the signed credit agreement and the closing set the lawyer supplies, with the clause, the document and the status. |
| What the lawyer must review | Each condition is deal-specific. Read every row against the signed agreement before you tell the client the conditions are met. Opinion 512 allows reliance on a summary only after you have tested the tool on a sample and compared it with the documents. Keep the closing set out of a public tool (Model Rule 1.6). |
| Written for | United States |
| Applies to | [Build a conditions-precedent tracker for a facility agreement](https://ailawframework.com/practice/banking-and-finance/build-a-conditions-precedent-tracker-for-a-facility-agreement.md) |

## Checking plan

- What the AI does: Fill a conditions-precedent tracker from the signed credit agreement and the closing set the lawyer supplies, with the clause, the document and the status.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- A tracker is a working paper. It is not a closing certificate.
- Opinion 512: test the tool on a subset before treating a long summary as reliable.

## Sources

- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)
- [ABA Model Rule 1.6, Confidentiality of Information](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_6_confidentiality_of_information/) (checked 2026-10-22)
- [ABA Model Rule 1.1, Competence](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_1_competence/) (checked 2026-10-22)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [US commercial loan closing checklist](https://ailawframework.com/precedents/banking-and-finance/us-loan-closing-checklist.md) | Checklist | Yellow | Closing checklist for a US commercial loan. Each condition is copied from the signed facility. The list does not invent conditions the statute requires. |

Signed-in accounts can read the full text of each one.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*