Sentence examples for of its covenant from inspiring English sources

Analyst Jamie Rollo said: We think there is a reasonable risk that Thomas Cook will have to resort to raising equity to ensure it can pay off its loan well in advance of its covenant step-down [tightening next year].

Obviously it has no present remedy at law, since the city has done nothing in violation of its covenant not to erect competing water works, and the water company has as yet suffered no damage.

It funds scholarships and faculty positions directly related to its mission to educate faith leaders in the traditions of its covenant partners, the United Church of Christ and American Baptist Churches USA.

In Jerusalem on Sunday, the acting Israeli prime minister, Ehud Olmert, told his cabinet that the country "will not hold any contacts" with the Palestinians unless Hamas explicitly renounced terrorism, recognized Israel, accepted all prior peace agreements and annulled parts of its covenant that called for Israel's destruction.

It said it continued to be in breach of its covenants, but had agreed new facilities with its bankers.

A key point of its announcement was news that Mouchel had agreed amendments to its banking facilities, thus avoiding a breach of its covenants.

Finally Ocado dipped 0.45p to 73.6p after Philip Dorgan at Panmure Gordon again raised the prospect of the online grocer breaching one of its covenants.

Tullow has hedged some of its 2015 output at higher oil prices but the risk is that if oil prices stay low for longer, rising debt could lead to a breach of its covenants.

The breach of its covenants, a slow recovery with the scope for a double dip and high gold prices encourages us to reduce our hold recommendation to a sell.

He also found Hexion had "knowingly and intentionally" violated several of its covenants under the agreement.

These still leave Dixons clear of its banking covenant test ratios, on our estimates.