Restrictive Covenants

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Definitions
Alienation of Assets
Alienation of Assets Loan Security Borrower's Assets Restrictive Covenants Asset Disposal Financial Agreements Asset Management
The sale by a borrower of some or all of the assets that form the actual or implied security for a loan, often subject to provisions restricting such disposal.
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Definitions
Covenant
Covenant Legal Promise Deed Contract Loan Agreement Restrictive Covenants Financial Obligations Event of Default Ratio Covenant
A covenant is a legally-binding promise made in a deed that can be enforced as a contract. It often involves agreements or restrictions related to financial obligations or land use.
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