Carve-out: Difference between revisions
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A carve-out can be used in the context of a loan agreement; a negative pledge might apply to all but specific subsidiaries. | 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. | Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied. | ||
Revision as of 09:59, 6 July 2022
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.
