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Often they accepted ropey loan covenants that offered little protection against default.
Negative covenants that restrict the uses of a parcel of the land are called restrictive covenants.
They base their ratings on an extensive set of guidelines or covenants that limit the C.D.O.
Under Hilton's bond covenants, that would cause an increase in interest rates.
The only rules as tough and flexible, Leeson provocatively suggests, were the covenants that founded New England's Puritan churches.
More and more leveraged loans lack covenants that protect creditors by restricting borrowers' activities, increasing the risk of losses.
The entertainment company is at risk of triggering a breach of debt covenants that would place it under the control of its lenders.
There are provisions in many carriage contracts, sometimes called covenants, that include broad descriptions of the channels and assurances that the channels will live up to their names.
Similar(3)
But tenants discovered a covenant that prohibited Tivoli from leaving Mitchell-Lama until 2024.
Together they signed a covenant that paved the way for an era of peace.
Her signature formalized a covenant that would have been unfathomable a generation earlier.
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