Confidentiality and Covenant: Difference between pages

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#A formal legal agreement to take, or not to take, certain actions.
#In loan documentation, a promise given by the borrower to take, or not to take, relevant actions.<ref>http://www.treasurers.org/node/8842</ref>  For example, a ''financial covenant'' to maintain a minimum ratio of net worth to debt.
#In relation to pension funds, the credit strength of the sponsoring employer and its commitment to the pension fund.


To act so as to refrain from disclosing information that is private or restricted, or to refrain from using such information inappropriately.


== See also ==
* [[Accounting exposure]]
* [[Asset cover]]
* [[Event of default]]
* [[Financial covenant]]
* [[Incurrence covenant]]
* [[Interest cover]]
* [[Loan agreement]]
* [[Maintenance covenant]]
* [[Net worth]]
* [[Restrictive covenant]]
* [[Waiver]]


2.


One of the principles of the ACT's Ethical Code.
==References==
<references/> Treasury Essentials: Covenants, The Treasurer, March 2013




== See also ==
==Other links==
* [[ACT Competency Framework]]
[http://www.treasurers.org/node/5225 Loan agreement covenant performance, Will Spinney, ACT 2009]
* [[ACT Ethical Code]]
* [[Confidence]]
* [[Confidential information]]
* [[Confidential invoice discounting]]
* [[Designated confidential information]]
* [[Non-disclosure agreement]]


[[Category:Ethics]]
[[Category:Bank_Lending]]
[[Category:Debt_Capital_Markets]]
[[Category:Legal_Documentation]]
[[Category:Managing_Risk]]

Revision as of 16:15, 4 December 2013

  1. A formal legal agreement to take, or not to take, certain actions.
  2. In loan documentation, a promise given by the borrower to take, or not to take, relevant actions.[1] For example, a financial covenant to maintain a minimum ratio of net worth to debt.
  3. In relation to pension funds, the credit strength of the sponsoring employer and its commitment to the pension fund.


See also


References

Treasury Essentials: Covenants, The Treasurer, March 2013


Other links

Loan agreement covenant performance, Will Spinney, ACT 2009