Control by Majority

Description

This AI field captures instances where the holders of a majority of the principal amount of outstanding corporate debt securities may direct the time, method and place for proceedings related to remedies available to the trustee.

Jurisdiction

  • Canada (Ontario)
  • United States (Delaware, and New York)

Document Types

  • 95% Debt Related Agt
  • 5% Debt Supplemental Agt

Tags

  • Bond Indentures

Language

  • 100% English