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"It's very unfortunate that Covenant House has found itself in this situation," Ms. Fink said.
There is no basis to allow [the club] not to honour that covenant".
Under the strains of modernization, unemployment and terrorism, that covenant is beginning to fray.
Taking a break from decorating the First Baptist Church in Little Rock the day before their wedding, the couple said they liked the signal that covenant marriage sent.
In 2001, Fidel Castro criticized that covenant, saying it "could serve as a weapon and a pretext for imperialism to try to divide and fracture the workers, create artificial unions, and decrease their political and social power and influence".
"A lot of people voted for them with a heavy heart, but when they shared the platform with the Tories during the referendum that covenant was broken once and for all," she said.
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If matters were that simple, however, torture would be so rare that covenants abolishing it would be superfluous rather than ineffectual.
The banking covenants are not an issue here as Bellway has an interest cover measure running across a rolling 4 half years – typical covenants in this sector run across just 2 half years – which means that covenants are still being tested against trading in boom times.
By contrast, borrowers are more likely to comply with contracts with tighter capital covenants, suggesting that these covenants more effectively align shareholder-creditor interests ex ante to avoid adverse selection problems.
Want to get rid of that pesky covenant that would allow the bank to take control of the company if a payment is missed?
This is the first time that the covenant will be recognised in statute".
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CEO of Professional Science Editing for Scientists @ prosciediting.com