Examlex
Is it possible for the Tax Court to intentionally issue conflicting decisions?
Restrictive Clauses
Provisions in contracts that limit certain activities or behaviors to protect contractual interests, often found in loan agreements and employment contracts.
Senior Debt
Debt that has priority over other unsecured or otherwise more junior debt owed by the issuer in the case of bankruptcy.
Debentures
A type of long-term debt instrument that is not secured by physical assets or collateral.
Callable Unsecured Bonds
Bonds that can be redeemed by the issuer before their maturity date at a specified call price and are not secured by collateral.
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