---
title: "Review the existing finance documents and security package"
url: "https://ailawframework.com/practice/banking-and-finance/review-the-existing-finance-documents-and-security-package"
type: "task"
site: "AI Law Framework"
id: "A3-T1-R7"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Review the existing finance documents and security package

> From the permitted finance files, extract facilities, headroom, security, guarantees, intercreditor ranking and change-of-control restrictions into an issues table.

Canonical page: https://ailawframework.com/practice/banking-and-finance/review-the-existing-finance-documents-and-security-package  
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 | From the permitted finance files, extract facilities, headroom, security, guarantees, intercreditor ranking and change-of-control restrictions into an issues table. |
| What the lawyer must review | Read each material clause Confirm ranking against register searches the lawyer ordered, not the AI summary |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Line-by-line review**

Review the complete output at the level of each line, paragraph or clause; check facts, meaning and omissions.

- What the AI does: Potential support includes summarising source material and identifying points for review. 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. Review the original source set for relevant material absent from the output, including contrary evidence, qualifications and unresolved gaps.
5. Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
6. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
7. 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 |
| --- | --- | --- | --- |
| [Payout request letter and deed of release and discharge of security (refinance or repayment)](https://ailawframework.com/precedents/banking-and-finance/payout-letter-and-deed-of-release.md) | Deed | Yellow | A borrower’s payout request to an outgoing lender and a deed by which the lender, on receiving the payout amount, releases the borrower and guarantors, discharges its security, removes PPSR… |

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

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/banking-and-finance/review-the-existing-finance-documents-and-security-package/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.*