"protective covenant" is a correct and usable phrase in written English.
This phrase is usually used to refer to an agreement or contract that is designed to protect one or more parties from harm or danger. For example: "The company and the investor signed a protective covenant to ensure that the investor's rights would be protected in the event of a dispute."
In the past these protective covenants came in two forms.
We use a panel data approach to examine the validity of extant predictions concerning the choice of maturity, call options, convertible options and protective covenants.
Evidence that managers follow a maturity-matching rule, favour capital structure's flexibility in high growth scenarios and use protective covenants when firm's credibility is low corroborates further agency predictions.
Former Merrill Lynch high-yield bond research maven Martin Fridson Martin Fridson in his Leverage World weekly publication notes an erosion of protective covenants, especially in clawback provisions.
The trust added protective covenants before selling the property on to the law firm, one of whose partners was John Barrow, who served as the "prime mover in these negotiations".
Hence, bondholders anticipating the opportunistic behavior of management claim higher returns or protective bond covenants, due to increasing risk and higher agency costs (Jensen and Meckling 1976).
The club looked set to move after several decades at its ground, but reversed the decision in January after talks with the council saw a historic covenant, which did not allow protective fencing on the grade-II listed park, amended.
It acts as a permanent physical reminder of the sacred covenants made with the Lord in the temple, it is a protective covering for the body, and it is a symbol of the modesty of dress and living appropriate for true followers of Christ.
Debt covenants for AK Steel's $400 million Ba3-rated debt, issuedebtissuedil, "are significanthisless protective thApril its previous issuaree" in 2002, Dill wrote in a recent report.
