Default for Creditors’ Process — Equipment Lease

Description

This AI field captures a default by a lessee as a result of any lien, encumbrance, attachment, etc. being placed on lessee’s property, including the leased property, or any expropriation, seizure, or analogous process.

Jurisdiction

  • Canada
  • United Kingdom
  • United States (California, Illinois, and New York)

Document Types

  • 98% Equipment Related Agt
  • 2% Other

Tags

  • Bankruptcy/Recession Planning — Equipment Leases

Language

  • 100% English