Restoration of Rights and Remedies

Description

This AI field captures provisions specifying that if a trustee or holder of the corporate debt securities brought a proceeding and the proceeding was discontinued or abandoned and it adversely affects the trustee or the holder, then the trustee or the holder will be restored to their former positions and may continue as if there had been no proceeding.


Jurisdiction

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

Document Types

  • 95% Debt Related Agt
  • 5% Debt Supplemental Agt

Tags

  • Bond Indentures

Language

  • 100% English