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Breach of covenant |
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Breach of covenantThe failure to obey a legal agreement. Breach of warranty A seller's inability to pass clear title to a buyer.Breach of covenant Similar MatchesRestrictive covenantsRestrictive covenantsProvisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. CovenantCovenantA 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. Rate covenantRate covenantA provision governing a municipal revenue project financed by a revenue bond issue, which establishes the rates to be charged users of the new facility. Deed of covenantDeed of covenantThis 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. Further SuggestionsCovenantsCC and Rs (Covenants, Conditions and Restrictions) Bond covenant Affirmative covenant deed of covenant Negative covenant |
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