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(By covenant, the original Levittowners agreed to mow their lawns once a week between April 15th and November 15th).
A lawn is an informer, which is why it is the preferred landscape of the America that lives by covenant.
In the 1890s, a descendant divided them up into 600 lots, restricting them by covenant to single-family ownership with the aim of attracting stable middle-class residents.
Fewer than 3percentt of couples who marry in Louisiana and Arizona take on the extra restrictions of marriage by covenant.
"Anyone investing in a heavily indebted company is likely to be surprised by covenant violations because there is no systematic way of reporting them".
One might be painted green, the next one pink, but somehow they all assume the same dun color as the streets, as if by covenant.
Similar(42)
Many such loans are issued as senior-secured debt by stronger borrowers, making many of them safer than sub-prime residential mortgages.Buy-outs financed by covenant-lite loans are less likely to fail early (there are, after all, no covenants to break as the company deteriorates).
In that case, buyers must agree to abide by covenants and restrictions he is placing on the land, Mr. Schutz said.
One early factor was the emergence of a property market that was distorted by covenants which specified the race of the purchaser.
Given the tensions in the forest recesses of Humboldt County, where loggers and environmentalists have been at war for decades, a lone tree, especially one that is an emblem of environmentalism, cannot be protected by covenants, only by perpetual guard.
Goodyear said that the moves would have no effect on cash flow but that they did put the company's net worth below the level required by covenants in its bank loan agreements.
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