High-Yield Indenture: Limitation on Liens Covenant | Practical Law

High-Yield Indenture: Limitation on Liens Covenant | Practical Law

A standard limitation on liens covenant, which may be inserted into an indenture governing high-yield debt securities. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.

High-Yield Indenture: Limitation on Liens Covenant

Practical Law Standard Clauses 2-422-4420 (Approx. 10 pages)

High-Yield Indenture: Limitation on Liens Covenant

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A standard limitation on liens covenant, which may be inserted into an indenture governing high-yield debt securities. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.