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

Breach of covenant

Breach of covenant

The failure to obey a legal agreement. Breach of warranty A seller's inability to pass clear title to a buyer.


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.


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.


Restrictive covenants

Restrictive covenants

Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends.


Affirmative covenant

Affirmative covenant

A bond covenant that specifies certain actions the firm must take.


Further Suggestions

Bond covenant
Negative covenant
Deed of covenant
Covenants
deed of covenant
covenant


 
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