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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 MatchesCovenantCovenantA formal agreement made in a deed. CC and Rs (Covenants, Conditions and Restrictions)CC and Rs (Covenants, Conditions and Restrictions)Limitations placed on the use and enjoyment of real property. These are found most often in condominiums and planned unit developments. Negative covenantNegative covenantA bond covenant that limits or prohibits certain actions unless the bondholders agree. CovenantsCovenantsProvisions 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). Restrictive covenantsRestrictive covenantsProvisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. Further SuggestionsDeed of covenantdeed of covenant Affirmative covenant Bond covenant Rate covenant Positive covenant (of a bond) |
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