Skip to main content

Limitations on Restrictions Affecting Subsidiaries Sample Clause

Book Publication Date: Nov 2014
Description: In corporate finance agreements the lenders will want to protect against structural subordination, which may be accomplished in a number of ways. This clause places limitations on the restrictions that may be placed on a company's subsidiaries with respect to paying debt, lending, incurring liens, etc.
Type: Contract Clauses
PLI Item #: 127774
Practice Area: Banking and finance, Corporate finance

Keywords: "corporate finance"; lending; lender; "restricted subsidiary"; borrower; indenture; "seller note"; debt; refinancing

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at