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