Springing covenant and Help:Contact us: Difference between pages

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''Long term funding''.
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==Who edits The Treasurer's Wiki?==


A covenant in a loan agreement which becomes effective on the occurrence of a certain event in the future. Used to enable loan agreements to have fewer and less onerous ('lite') covenants, typically to conform to other loans of the same borrower.  
Currently editing of this wiki is limited to ACT associates, members and fellows, and some non-members who have applied to join. Primary site administrators are:


A common springing event is the level of utilisation of a loan facility at which time covenants such as ICR ([[interest cover]] ratio) and [[gearing]] come into effect.
* Doug Williamson, FCT
* Charles Cresswell, Head of Information Systems, ACT


Springing covenants are a form of [[contingent covenant]].


===Doug Williamson, FCT===


Doug Williamson is a financial modeller and finance coach.


== See also ==
He was formerly the Chief Examiner for the ACT's Certificate in Financial Maths and Modelling ([[CertFMM]]). He was an [[MCT]] prize winner in 2000, and has been tutoring and coaching for the ACT’s qualifications since 2001.
*[[Covenant]]
*[[Covenant-lite]]
*[[Incurrence covenant]]
*[[Maintenance covenant]]


[[Category:Long_term_funding]]
He is also a regular contributor of study and exam tips for The Treasurer magazine. Doug’s practical experience includes: interim treasury and financial management, audit and corporate finance with KPMG and Group Tax Manager with Virgin Group. He has also developed and supported powerful models for valuation, cash forecasting, tax and tax accounting for a wide range of organisations in both the private and public sector.
 
[https://www.linkedin.com/in/doug-williamson-2156a917?trk=hp-identity-name DW Linkedin page]
 
==Contacting the ACT==
 
If you have any questions or complaints about this wiki please read the [[Help:Terms_and_conditions|terms and conditions]] first.
 
If your question is not answered, or you wish to submit an article for publication on The Treasurer's Wiki then you can contact the ACT at [mailto:act@treasurers.org act@treasurers.org].
 
 
==External links==
 
*[http://www.treasurers.org/termsandconditions/usercontent ACT user generated content and defamation]
*[http://www.treasurers.org/legal ACT legal notices and terms and conditions]

Revision as of 19:43, 9 November 2016

Who edits The Treasurer's Wiki?

Currently editing of this wiki is limited to ACT associates, members and fellows, and some non-members who have applied to join. Primary site administrators are:

  • Doug Williamson, FCT
  • Charles Cresswell, Head of Information Systems, ACT


Doug Williamson, FCT

Doug Williamson is a financial modeller and finance coach.

He was formerly the Chief Examiner for the ACT's Certificate in Financial Maths and Modelling (CertFMM). He was an MCT prize winner in 2000, and has been tutoring and coaching for the ACT’s qualifications since 2001.

He is also a regular contributor of study and exam tips for The Treasurer magazine. Doug’s practical experience includes: interim treasury and financial management, audit and corporate finance with KPMG and Group Tax Manager with Virgin Group. He has also developed and supported powerful models for valuation, cash forecasting, tax and tax accounting for a wide range of organisations in both the private and public sector.

DW Linkedin page

Contacting the ACT

If you have any questions or complaints about this wiki please read the terms and conditions first.

If your question is not answered, or you wish to submit an article for publication on The Treasurer's Wiki then you can contact the ACT at act@treasurers.org.


External links