Financial and business terms. 2012.
restrictive covenants — Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. Bloomberg Financial Dictionary … Financial and business terms
restrictive covenant — n 1: a covenant acknowledged in a deed or lease that restricts the free use or occupancy of property (as by forbidding commercial use or types of structures) one who purchases for value and without notice takes the land free from the restrictive… … Law dictionary
Restrictive covenant — This article is about contractual covenants that restrict use of real property. For contractual restrictions on employment, see Non compete clause. A restrictive covenant is a type of real covenant, a legal obligation imposed in a deed by the… … Wikipedia
restrictive covenant — a covenant with a clause that restricts the action of any party to it, esp. an agreement among property owners not to sell to members of particular minority groups. [1880 85] * * * In property law, an agreement acknowledged in a deed or lease… … Universalium
Restrictive Covenant — Any type of agreement that requires the buyer to either take or abstain from a specific action. In real estate transactions, restrictive covenants are binding legal obligations written into the deed of a property by the seller. These covenants… … Investment dictionary
restrictive covenant — Provision in a deed limiting the use of the property and prohibiting certain uses. In context of property law, term describes contract between grantor and grantee which restricts grantee s use and occupancy of land; generally, purpose behind… … Black's law dictionary
usual covenants — An agreement on the part of a seller of real property to give the usual covenants binds him to insert in the grant covenants of seisin, quiet enjoyment, further assurance, general warranty, right to convey, and against incumbrances. Collectively… … Black's law dictionary
usual covenants — An agreement on the part of a seller of real property to give the usual covenants binds him to insert in the grant covenants of seisin, quiet enjoyment, further assurance, general warranty, right to convey, and against incumbrances. Collectively… … Black's law dictionary
Covenant (law) — Property law Part of … Wikipedia
covenant — cov·e·nant / kə və nənt/ n 1: an official agreement or compact an international covenant on human rights 2 a: a contract in its entirety or a promise within a contract for the performance or nonperformance of a particular act a covenant not to… … Law dictionary
