Negative Pledge

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Negative Pledge

An agreement in which the borrower agrees not to pledge any of its assets as security and/or not to incur further indebtedness.

Negative Pledge

A negative covenant in a bond indenture in which the issuer agrees not to use any of its assets as security for another debt obligation or other liability if doing so would adversely impact the riskiness of the bond. This protects bondholders and also allows the issuer to pay a lower coupon rate.

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Clausula de compromiso negativo Negative Pledge Clause			Among other aspects, the Sukuk benefits from a negative pledge and a cross default clause. NEWS IN BRIEF by Daily News Egypt (Egypt) Shorris said, "Today's plan fits with a model of aggressive environmental actions the Port Authority has developed over the last year, from its carbon negative pledge at Stewart International Airport to its Green Pass program for its bridge and tunnel customers. Port Authority vows carbon neutrality by 2010 by Real Estate Weekly 4 and 68 might not be intended to affect the current tax results for the foregoing items, but consider the following: (a) A negative pledge is often provided in order to obtain financing from a lender. Legislative proposals relating to the treatment of restrictive ... by Tax Executive			Necessities of Life Neckline NECTAs Negative Acknowledgment negative amortization Negative Amortization Cap Negative Amortizing Mortgage Negative Authorization Negative Balance Negative Carry negative cash flow Negative Convexity Negative Covenant Negative Duration negative easement Negative Equity negative equity loans Negative Goodwill Negative Income Tax Negative Interest Rate negative leverage Negative Net Worth Negative NPV tie-in project Negative Obligation negative or positive leverage Negative Pledge Negative Pledge Clause Negative Points Negative Volume Index Negative working capital Negative Yield Curve Neglected Firm Effect Neglected-Firm Effect negligence negligent fraud Negligent Trustee negligent waste Negociable Negociacao coletiva Negociacion colectiva Negociacion ficticia Negociacion fuera de la bolsa Negociacion suspendida Negociaciones en base a informacion confidencial Negociar si llega al precio Negociation collective Negotiable Negotiable bill of lading Negotiable Certificate of Deposit Negotiable Certificates of Deposit negotiable instrument			Negative number Negative obligation Negative Obligations negative or positive leverage Negative Overhead Growth Negative part Negative Partial Transpose negative pathognomonic symptom Negative Peak Latency Difference Scores negative pedal Negative Perspective Collage Negative pH Negative pH Negative pH Negative pH negative phase negative phase of the shock wave negative phase sequence negative photo plane negative photokinesis negative phototaxis negative pi meson pion negative pi meson radiotherapy negative picture phase negative pion negative plate Negative Play Experience Negative Pledge Negative pledge clause Negative Pledge Clauses Negative Pledges Negative pleiotropy Negative pleiotropy Negative Pointer Justification Count Negative Points Negative Polarity Negative Polarity Negative polarity item negative pole negative pole negative poles negative poles Negative politeness Negative politeness Negative Population Growth Negative Positive Zero Negative potential Negative potential Negative Power Supply Rejection Negative predictive value Negative predictive value Negative pregnant Negative pregnant negative prescription negative pressure negative pressure negative pressure negative pressure

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