Make Whole Provision
Description
This AI field captures the make whole provision allowing the issuer to call the debt securities prior to maturity in return for a payment to the debt holders to compensate for potential lost interest. This smart field also captures the definition of “Applicable Premium” and similar terms.
Jurisdiction
- Canada (Alberta, and Ontario)
- United States (New York)
Document Types
- 91% Debt Related Agt
- 9% Debt Supplemental Agt
Tags
- Bond Indentures
Language
- 100% English