Payment Blockage

Description

This AI field captures a provision providing holders of senior debt the right to block payment of junior debt under specified circumstances provided in an indenture.

Jurisdiction

  • Canada (Alberta, and Ontario)
  • United States (New York)

Document Types

  • 93% Debt Related Agt
  • 7% Debt Supplemental Agt

Tags

  • Bond Indentures

Language

  • 100% English