Carve-out: Difference between revisions
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imported>Doug Williamson m (Added 1 line space before see also) |
imported>Doug Williamson (Expand stub.) |
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A carve-out is a special exception. | A carve-out is a special exception. | ||
A carve-out can be used in the context of a loan agreement; a negative pledge might apply to all but specific subsidiaries. | |||
Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied. | |||
== See also == | == See also == | ||
* [[Exception]] | |||
* [[Negative pledge]] | * [[Negative pledge]] | ||
Revision as of 19:00, 22 May 2017
Documentation and regulation.
A carve-out is a special exception.
A carve-out can be used in the context of a loan agreement; a negative pledge might apply to all but specific subsidiaries.
Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied.
