Ratio covenant: Difference between revisions

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imported>Doug Williamson
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An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of balance or other financial ratios.
An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of balance or other financial ratios.


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== See also ==
== See also ==
* [[Loan agreement]]
* [[Loan agreement]]


[[Category:Legal_Documentation]]

Revision as of 11:33, 9 October 2013

An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of balance or other financial ratios.


See also