Dispositions or Asset Sales Covenant

Description

This AI field captures covenants of a borrower not to dispose of assets other than in the ordinary course and the definition of “Permitted Dispositions” or any exceptions to the definition of “Asset Sale”.

Jurisdiction

  • Australia
  • Canada (Alberta, British Columbia, and Ontario)
  • United Kingdom (England)
  • United States (New York)

Document Types

  • 79% Debt Related Agt
  • 19% Debt Supplemental Agt
  • 2% Other

Tags

  • Bankruptcy/Recession Planning — Credit Agreements
  • Credit/Facility Agreements

Language

  • 100% English