| 释义 |
EncyclopediaSeeprotective covenantBond covenant
Bond covenantA contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant limits certain actions.Bond CovenantAn agreement between the issuer and holder of a bond, requiring or forbidding certain actions of the issuer. Positive covenants require actions while negative covenants forbid them. The exact terms of a bond covenant must be written in the bond indenture. |