Liens Covenant/Negative Pledge
Description
This AI field captures covenants of a borrower not to permit any liens on its assets and the definition of “Permitted Liens” or “Permitted Encumbrances”.
Jurisdiction
- Australia
- Canada (Alberta, British Columbia, Ontario, and Quebec)
- United Kingdom (England)
- United States (Florida, Illinois, and New York)
Document Types
- 78% Debt Related Agt
- 20% Debt Supplemental Agt
- 2% Other
Tags
- Bankruptcy/Recession Planning — Credit Agreements
- Credit/Facility Agreements
Language
- 100% English