Trustee May Hold Securities, Notes, and Senior Indebtedness — Bond Indenture

Description

This smart field captures the ability of the indenture trustee to become the owner of securities or notes, hold senior indebtedness, and otherwise deal with the issuer or any affiliate with the same rights, as if it was not the indenture trustee. 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.