Dispositions or Asset Sales Covenant
This smart field captures covenants of a borrower not to dispose of assets other than in the ordinary course, and will also capture the definition of “Permitted Dispositions” or any exceptions to the definition of “Asset Sale”. This smart field was trained on credit, facility and loan agreements.
- 99% Credit-Related Agt
- 1% Other
- Bankruptcy/Recession Planning — Credit Agreements
- Credit/Facility Agreements
- 100% English