Carve-out: Difference between revisions
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imported>Doug Williamson (Link with Regulation page.) |
imported>Doug Williamson m (Add category.) |
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[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 14:14, 8 October 2020
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.
