Indebtedness Covenant

Description

This AI field captures covenants of a borrower not to incur any indebtedness, and the definition of “Permitted Indebtedness”.

Jurisdiction

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

Document Types

  • 78% Debt Related Agt
  • 20% Debt Supplemental Agt
  • 2% Other

Tags

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

Language

  • 100% English