Notice of Material Events Covenant


This smart field captures covenants of a borrower to notify a lender or agent of the occurrence of any material events including litigation proceedings, environmental claims or changes to its business that are likely to have a material adverse effect, or its default under the agreement. This smart field was trained on credit, facility and loan agreements.

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Document Types
  • 100% Credit-Related Agt
  • 0% Other
  • Bankruptcy/Recession Planning — Credit Agreements
  • Credit/Facility Agreements
  • 100% English