Incurrence covenant 翻译
WebOct 5, 2024 · incurrence = incurrence covenant. The said restrictions are specified below Incurrence covenant says that some of the restrictions on a borrower are not binding if the restriction is exceeded because of external factors. The increased use of these covenants has increased the amount of distressed debt. WebCovenants that must be met only at the time of incurrence as opposed to a maintenance covenant that requires ongoing compliance. For example, the Borrower may be restricted from incurring additional debt that would cause it to exceed a certain leverage ratio, rather than having to maintain a leverage ratio below a certain level on an ongoing basis.
Incurrence covenant 翻译
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WebJun 16, 2015 · Some use full-on high yield style incurrence covenants. But most are based on the Loan Markets Association standard form with the financial covenants removed (except the springing covenant), and a fairly standard set of negative undertakings. The exceptions to those covenants may be looser and follow an incurrence style, but that was … Web在线词源词典,最权威的单词学习词典,为你提供covenanter的在线翻译,covenanter是什么意思,covenanter的来源,权威解释等。 广告. covenanter (n.) "进入庄严协议的人",1630年代,来自covenant(v.)的代理名词。它特别用于指签署庄严联盟和盟约(1643年)以捍卫和推进他 …
WebHigh-Yield Debt Covenants and Their Real Effects. Falk Bräuning, Victoria Ivashina & Ali Ozdagli. Working Paper 29888. DOI 10.3386/w29888. Issue Date March 2024. High-yield debt including leveraged loans is characterized by incurrence financial covenants, or “cov-lite” provisions. A traditional loan agreement includes maintenance covenants ... WebJan 20, 2024 · Another aspect to consider is that, whereas maintenance covenants are typically used in loans funded and held by banks, incurrence covenants characterize loans …
WebMar 27, 2024 · Impending Financial Impact: An element of most debt incurrence covenants permit debt incurrence based, in part, on the issuer’s EBITDA for the last four fiscal quarters. Because of the expected ... WebIncurrence Covenant. A covenant by any borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower, including a debt …
WebMaintenance covenants This typically refers to financial covenants which are tested on a regular basis; maintenance covenants can be contrasted with incurrence covenants where compliance is only tested when the borrower wishes to take a specific action. For more information, see Practice Note: Leveraged finance—financial covenants.
Web中文翻译 手机版. n. 蒙受,招致。. "net incurrence of liabilities" 中文翻译 : 發生的負債凈額. "incurrent" 中文翻译 : adj. 流入的〔尤指水流入〕。. the incurrent canals of sponges 海綿吸水管。. "incurred overhead rate" 中文翻译 : 實際制造費用分配率. "incurrent canal" 中文翻译 : … greenhalgh insuranceWebreporting period, in the form of outflows or consumption of asset s or incurrence of l iabilities that result in decreases in net assets/equity. daccess-ods.un.org. daccess-ods.un.org. (k) “支出”是指在报告期内经济利益或服务潜力的减少,其形式为资产 的流出或耗用,或发生 导致净资产. daccess-ods.un.org ... greenhalgh kerr solicitors ltdWebDebt covenants are defined as requirements and/or conditions imposed by the lender and agreed upon by the borrower during the arrangement and finalization of a financing … flutter future delayed exampleWebApr 11, 2024 · 兹经买卖双方同意按照以下条款由买方购进,卖方售出以下商品:. This contract is made by and between the Buyers and the Sellers; whereby the Buyers agree to buy and the Sellers agree to sell the under-mentioned goods subject to the terms and conditions as stipulated hereinafter:. (1) 商品名称:. Name of ... greenhalgh lancashireWebIncurrence covenants typically require a borrower to take or not take a specific action once a specified event occurs. For instance, if an incurrence ... CAIA Association, Mark J. P. Anson, Donald R. Chambers, 2012. 2 . Private equity: tenth report of session 2006-07, Vol. 2: ... greenhalgh insurance agencyWebIncurrence covenant definition What does Incurrence covenant mean? Type of covenant normally found in bond documentation which restricts the issuer from taking certain … greenhalgh kerr solicitors limitedWebIncurrence Covenants means a covenant by any Obligor to comply with one or more financial covenants only upon the occurrence of certain actions of, or events relating to, … greenhalgh insurance birmingham al