Existence, Permits and Authorization Covenant
Description
This AI field captures covenants of a borrower to maintain its existence, obtain and maintain any permits necessary to conduct its business and obtain any authorizations necessary for it to perform its obligations under the agreement.
Jurisdiction
- Australia
- Canada (Alberta, British Columbia, and Ontario)
- United Kingdom (England)
- United States (California, and New York)
Document Types
- 55% Debt Related Agt
- 40% Debt Supplemental Agt
- 3% M&A Supplemental Agt
- 2% Other
Tags
- Credit/Facility Agreements
Language
- 100% English