Sentence examples for certain covenants from inspiring English sources

JJB denied it was already in breach of certain covenants.

Once the bellwether of the assisted-living industry, Sunrise Senior Living, based in McLean, Va., has violated certain covenants imposed by its lenders on leverage ratios and has a deadline of Jan . 31to restructure its line of credit.

One reason for this is that everybody who buys a house in Anthem has to follow certain covenants, conditions and restrictions (CC&Rs), governing everything from the colour of your house to whether you can put your car on blocks outside it (you can't).

In its audit of the company's financial statements for the fiscal year that ended Dec. 30, Deloitte & Touche said it based its opinion on the Warnaco Group's working capital deficiency and its noncompliance with certain covenants of its long-term debt agreements as a result of losses in 2000.

The clutch, power transmission and brake systems company is also seeking waivers from its lenders with respect to "certain covenants" in its lending agreements.

On Sept. 4, the company announced that it amended its bank credit facility to extend terms on its obligations and loosen certain covenants.

The company had already received a waiver of certain financial covenants in April through May 16.

The company also warned then that it would most likely breach certain financial covenants early next year.

The Warnaco Group Inc., whose shares have fallen 92percentt in the last year, said yesterday that it received a waiver by its lenders of certain financial covenants through May 16.

Last week, Warnaco received a waiver from its lenders of certain financial covenants through June 16 to avoid default on some debt payments.

Asked on Monday about the discrepancy, the company stood by its previous statement and added: "The referenced event concerns compliance with certain financial covenants contained in the company's loan document.