Restoration of Rights and Remedies — Bond Indenture

Description

This smart 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. 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.