---
title: "Turn a loan portfolio into a covenant tracker"
url: "https://ailawframework.com/practice/banking-and-finance/summarise-a-loan-portfolio-into-a-covenant-tracker/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A3-B8-3-US"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Turn a loan portfolio into a covenant tracker

> For each facility the lawyer marks, list the covenant, the threshold in the agreement, and the figure on the compliance certificate supplied. Do not decide that a covenant is breached.

Canonical page: https://ailawframework.com/practice/banking-and-finance/summarise-a-loan-portfolio-into-a-covenant-tracker/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 | For each facility the lawyer marks, list the covenant, the threshold in the agreement, and the figure on the compliance certificate supplied. Do not decide that a covenant is breached. |
| What the lawyer must review | The tracker repeats the documents. It does not interpret a ratio or a cure. Opinion 512 allows a table only after you test the tool on a sample of facilities and compare the rows with the agreements. Keep the portfolio out of a public tool (Model Rule 1.6). You decide whether a figure is a breach and what notice the agreement requires. |
| Written for | United States |
| Applies to | [Summarise a loan portfolio into a covenant tracker](https://ailawframework.com/practice/banking-and-finance/summarise-a-loan-portfolio-into-a-covenant-tracker.md) |

## Checking plan

- What the AI does: For each facility the lawyer marks, list the covenant, the threshold in the agreement, and the figure on the compliance certificate supplied. Do not decide that a covenant is breached.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Figures come from the compliance certificate, not from the tool.
- This tracker is not the single-deal covenant table from an earlier version.

## 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)

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