Carve-out: Difference between revisions
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== See also == | == See also == | ||
* [[Contract]] | |||
* [[Exception]] | * [[Exception]] | ||
* [[Loan agreement]] | |||
* [[Negative pledge]] | * [[Negative pledge]] | ||
* [[Regulation]] | |||
Revision as of 07:31, 23 July 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.
