Sentence examples for tight covenant from inspiring English sources
Finance director Paul Hollingworth said he acknowledged concerns among analysts that the company would face a tight covenant test on its borrowings in December.
If the debt is termed out [ie it is for the duration of the concession], then I cannot see how anyone would refinance them when one takes into account the already tight covenants and structures.
McConnell focuses on loans to big companies like Charter Communications and Georgia-Pacific sporting tight covenants (restrictions on things like debt-equity ratios).
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.
Because of tight terms in its loan covenants, Rite Aid can't raise more money without lender approvals.
20th Century Fox has remain tight-lipped on whether footage from Covenant will screen; with an August 2017 release, it's highly likely.
Analysts believe a covenant test in December could prove particularly tight.
Some husbands certainly did exercise tight control over money, but the basic middle-class covenant of the time ceded power to women over everything domestic, including the family budget.
In the past few months, many Arkansas churches have been urging their congregations to covenant their marriages, with testimonials from couples who have already accepted the tighter bond.
Consistent with an alleviation of moral hazard problems, tighter capital expenditure restrictions (performance covenants) are more likely to facilitate ex post creditor control through covenant renegotiations (violations).
