Bond covenant

 

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Bond covenant

A contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant limits certain actions.



Bond covenant

Similar Matches

Covenant

Covenant

A formal agreement made in a deed.


Positive covenant (of a bond)

Positive covenant (of a bond)

A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant.


Covenants

Covenants

Provisions in a bond indenture or preferred stock agreement that require the bond or preferred stock issuer to take certain specified actions (affirmative covenants) or to refrain from taking certain specified actions (negative covenants).


Deed of covenant

Deed of covenant

This is a document which confirms that the buyer of a property will comply with the rules and conditions affecting the property which can be found in the Title Deed or Lease.


Rate covenant

Rate covenant

A provision governing a municipal revenue project financed by a revenue bond issue, which establishes the rates to be charged users of the new facility.


Further Suggestions

deed of covenant
Restrictive covenants
Negative covenant
Breach of covenant
CC and Rs (Covenants, Conditions and Restrictions)
Affirmative covenant


 
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