affirmative covenant การใช้

• Violations of negative covenants are rare compared to violations of affirmative covenants.
• Affirmative covenants are clauses in debt contracts that require firms to maintain certain levels of capital or financial ratios.
• The most commonly violated restrictions in affirmative covenants are tangible net worth, working capital / short term liquidity, and debt service coverage.
• A covenant is a type of contract in which the covenantor makes a promise to a covenantee to do ( affirmative covenant ) or not do some action ( negative covenant ).
• An affirmative covenant is one in which property owners must actively perform a specific activity, such as keeping the lawn tidy or paying homeowner's association dues for the upkeep of the surrounding area.