---
title: "Draft a waiver, amendment or covenant-compliance certificate"
url: "https://ailawframework.com/practice/banking-and-finance/draft-a-waiver-amendment-or-covenant-compliance-certificate"
type: "task"
site: "AI Law Framework"
id: "A3-T1-R14"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Draft a waiver, amendment or covenant-compliance certificate

> Draft the amendment deed, waiver letter or compliance certificate from the facility, the requested change and the latest numbers supplied by the client.

Canonical page: https://ailawframework.com/practice/banking-and-finance/draft-a-waiver-amendment-or-covenant-compliance-certificate  
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 | Draft the amendment deed, waiver letter or compliance certificate from the facility, the requested change and the latest numbers supplied by the client. |
| What the lawyer must review | Confirm consent thresholds (majority vs all lenders) Confirm execution formalities Confirm the draft waives no more than instructed |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Potential support includes extracting and organising information and preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope.
- What the lawyer does: Set the scope, verify the evidence, resolve exceptions and approve the final output for its intended use.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Suggested checking approach based on the task guidance. Complete the assessment for the actual tool, information and jurisdiction.
- Why: The plan reflects the described work and review requirements. Policy colours are not used to determine permission or checking.

## Checks the lawyer makes

1. Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
2. Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
3. Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
4. Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
5. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
6. Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

## Notes

- Confirm the required checking with the responsible lawyer before work starts. The checking approach does not establish permission to use AI.

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [US contractual covenant compliance certificate](https://ailawframework.com/precedents/banking-and-finance/us-covenant-compliance-certificate.md) | Letter | Yellow | A contractual certificate that the borrower completes against covenants extracted from the facility. It is not a statement under penalty of perjury and it does not decide a default. |
| [Borrower’s waiver and amendment request letter, lender consent letter and covenant compliance certificate](https://ailawframework.com/precedents/banking-and-finance/waiver-request-and-compliance-certificate.md) | Letter | Yellow | Three linked documents for a facility under stress or a change in the business: a borrower’s request for a waiver or amendment, the lender’s conditional consent letter, and a compliance certificate… |

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

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/banking-and-finance/draft-a-waiver-amendment-or-covenant-compliance-certificate/united-states.md) | Yellow |

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