Asset/Collateral Sale Waiver

Description

This AI field captures an agreement by junior secured creditors not to object to any motion or order pursuant to Section 363 of the U.S. Bankruptcy Code (or other equivalent provision under applicable law) relating to a sale, liquidation, or disposition of assets/collateral in the course of a bankruptcy proceeding.


Jurisdiction

  • United States (New York, and Ohio)

Document Types

  • 96% Debt Supplemental Agt
  • 4% Debt Related Agt

Tags

  • Bankruptcy/Recession Planning — Credit Agreements

Language

  • 100% English