Separate Classes

Description

This AI field captures an agreement by junior secured creditors to treat their respective interests as a separate class from those of more senior secured creditors for the purposes of any bankruptcy/insolvency proceeding.

Jurisdiction

  • United States (New York)

Document Types

  • 98% Debt Supplemental Agt
  • 2% Debt Related Agt

Tags

  • Bankruptcy/Recession Planning — Credit Agreements

Language

  • 100% English