Prepayment Sharing and Priority in Security and Right of Payment — Extension Option
Description
This AI field captures the way in which voluntary and mandatory prepayments are to be treated, and the treatment of security and right of payment for maturity date extension options. This AI field is designed to be used in conjunction with the other Extension Option AI fields.
Jurisdiction
- Australia
- Canada (Alberta, British Columbia, and Ontario)
- United Kingdom (England)
- United States (California, and New York)
Document Types
- 79% Debt Related Agt
- 19% Debt Supplemental Agt
- 2% Other
Tags
- Credit/Facility Agreements
Language
- 100% English