Step in Rights
Rights bestowed under a facility agreement to the lender to step-in and take control of borrower's business transactions with an aim to improve business operations for future adherence to contractual debt obligations.
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Rights bestowed under a facility agreement to the lender to step-in and take control of borrower's business transactions with an aim to improve business operations for future adherence to contractual debt obligations.
Source: INREV | Date: 25 February 2020 | ID: D0737 | Version: 1