Maximum Amount / Free and Clear — Incremental Facility
This smart field captures the maximum amount allowed (i.e. free and clear) for incremental facilities / increases in commitment. This smart field has not been trained to capture similar provisions regarding refinance / replacement facilities, incremental notes, or incremental equivalent debt. It is recommended that this smart field be used together with the other Incremental Facility smart fields. 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