covenant
Definition
A clause in a contract that requires one party to do, or refrain from doing, certain things. Often, a restriction on a borrower imposed by a lender. also called covenant. also called restrictive covenant.
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Related Terms
acceleration clause, negative pledge clause, rate covenant, waiver
'covenant
' appears in the definitions of these terms on BusinessDictionary.com deed restrictions, engagement, financial covenants, fine print, loan covenant, and 
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