The covenant requires that debt not exceed 9.5 times its cash flow.
The board agreed to amend a covenant requiring US Airways to receive 85percentt cash for assets that it sells.
The developers agreed to a covenant requiring the buildings to be a "benefit to the neighborhood," hence their uniform elegance.
Bondholders would be wise to put a covenant requiring exactly this sort of executive compensation structure in their debenture agreements.
Israel sees a treaty as a covenant requiring both sides to make compromises that ultimately enable all to live in peace.
The covenant requires Anglican churches to avoid causing controversy by actions (such as ordaining openly gay bishops) which are likely to offend their more old-fashioned brethren.
It said: [Evraz] is seeking approval...of the holders of the notes to remove a covenant requiring the company to maintain the net leverage ratio at or below a specified level.
Perhaps we fall short of the many promises of covenant because covenant requires sacrifice.
Article 14 of the Covenant requires those parties which have not yet established a system of free compulsory primary education, to rapidly adopt a detailed plan of action for its introduction "within a reasonable number of years".
Many charter schools restrict access through admissions requirements (New Orleans has a disproportionate number of selective admissions charters compared to other cities) and "covenants" required for enrollment.
