Meaning Affirmative covenant
What does Affirmative covenant mean? Here you find 4 meanings of the word Affirmative covenant. You can also add a definition of Affirmative covenant yourself
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Affirmative covenantA bond covenant that specifies certain actions the firm must take.
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Affirmative covenantDefinition A type of positive contract or promise that will require one party to do something specific, such as a bond covenant that states that the issuer of that bond shall maintain sufficient or ad [..]
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Affirmative covenantStipulations contained in the bond covenant specifying actions to be taken by a firm.
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Affirmative covenantA bond covenant that specifies certain actions the firm must take.
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| << Affiliated person | Affirmative obligation >> |
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