---
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/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A3-T1-R14-US"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Draft a waiver, amendment or covenant-compliance certificate

> Set out the clause to be waived or amended, the requested change and the consent level the credit agreement states, in a comparison table. Do not produce the signed waiver.

Canonical page: https://ailawframework.com/practice/banking-and-finance/draft-a-waiver-amendment-or-covenant-compliance-certificate/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 | Set out the clause to be waived or amended, the requested change and the consent level the credit agreement states, in a comparison table. Do not produce the signed waiver. |
| What the lawyer must review | The consent level and the form of certificate come from the credit agreement, not from a model. The LSTA’s 21 July 2026 private-credit provisions are a market starting point only, and the text is not on the public page. Read the amendment and waiver clause, and any affected covenant, before the document is signed. Opinion 512: verify the draft and do not put the agreement into a public tool. |
| Written for | United States |
| Applies to | [Draft a waiver, amendment or covenant-compliance certificate](https://ailawframework.com/practice/banking-and-finance/draft-a-waiver-amendment-or-covenant-compliance-certificate.md) |

## Checking plan

- What the AI does: Set out the clause to be waived or amended, the requested change and the consent level the credit agreement states, in a comparison table. Do not produce the signed waiver.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Do not invent a “required lender” percentage. Read the agreement.
- A compliance certificate is signed. The lawyer writes the numbers that go in it.

## Sources

- [LSTA, Model Credit Agreement Provisions for Private Corporate Credit Deals (21 July 2026)](https://www.lsta.org/content/model-credit-agreement-provisions-for-private-corporate-credit-deals-pcc-mcaps-july-21-2026/) (checked 2026-10-22)
- [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 1.1, 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 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.

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