Sacred rights
Provisions that cannot be amended without the consent of each affected lender, or of all lenders, rather than the ordinary majority.
Discussed at ¶¶ 6.2 of Liability Management Exercises: Law and Practice.
Liability management exercises · defined & tracked
Provisions that cannot be amended without the consent of each affected lender, or of all lenders, rather than the ordinary majority.
Discussed at ¶¶ 6.2 of Liability Management Exercises: Law and Practice.