
A new dawn for J Crew Blockers? Strong formulations we’ve seen in 2023
Cloud 9fin
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Analysis of J K.R.U. Blockers and Related Formulations
This chapter explores the importance of strong J.K.R.U. blockers and the limited capacity for restricted payment and permitted investments. It discusses the deterioration of blockers in loan documents, ways to circumvent the blocker, and the necessity of stronger formulations to prevent loopholes.
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