Payment of Additional Amounts/Additional Interest Covenant — Bond Indenture

Description

This smart field captures the covenant of the issuer or guarantor to pay the full amounts due on the debt issued pursuant to the indenture, including provision for additional amounts related to deductions or withholdings imposed by a taxing jurisdiction. This smart field also captures the additional interest provision. This smart field was trained on investment grade and high yield corporate debt security indentures governed by the laws of the United States and Canada.