Description

This AI field captures an agreement by junior creditors not to object to any senior creditor’s claim for post-petition interest, and language indicating the right of a particular class of senior creditors to a priority claim for post-petition interest (often under the Separate Classes provision).

Jurisdiction
  • United States (New York)
Document Types
  • 98% Debt Supplemental Agt
  • 2% Debt Related Agt
Tags
  • Bankruptcy/Recession Planning — Credit Agreements
Language
  • 100% English