Additional/Future Guarantors Covenant — Bond Indenture

Description

This smart field captures the covenant requiring certain subsidiaries of the issuer to guarantee the debt issued pursuant to the indenture upon becoming guarantors of other specified debt. This smart field also captures the covenant requiring certain subsidiaries created subsequent to the issuance of the debt pursuant to the indenture to become guarantors. This smart field was trained on high yield corporate debt security indentures governed by the laws of the United States and Canada.