Rate covenant

 

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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.



Rate covenant

Similar Matches

Bond covenant

Bond covenant

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


Covenant

Covenant

A formal agreement made in a deed.


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.


Negative covenant

Negative covenant

A bond covenant that limits or prohibits certain actions unless the bondholders agree.


Deed of covenant

Deed of covenant

A legal document which records the obligation of one individual to pay a specified sum to another for a specified number of years.The individual making the payment deducts tax at the basic rate and thus pays a net amount on which tax relief is obtained. If the recipient is a registered charity the payer can obtain tax relief up to his/her higher rate whilst the charity can claim back the amount deducted.In other words, it is a tax effective way for individuals to give to charity.


Further Suggestions

Restrictive covenants
Positive covenant (of a bond)
Affirmative covenant
Covenants
Breach of covenant
CC and Rs (Covenants, Conditions and Restrictions)


 
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