Restricted Payments Covenant — Bond Indenture
Description
This AI field captures a covenant restricting an issuer’s ability to make specified payments as provided for in corporate debt security indentures. This AI field also captures a prohibition on restricted payments, the restricted payments basket, carve-outs to the prohibition on restricted payments, and the definitions of “Restricted Payments”, “Investment”, “Permitted Investment” and similar definitions.
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