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
  • 81% Equipment-Related Agt
  • 14% Real Estate Agt
  • 3% Other
  • 2% Business Transaction Agt
Tags
  • Bankruptcy/Recession Planning — Equipment Leases
Language
  • 100% English