Upon full prepayment of the class A2 and A4 notes, the terms and conditions of the class A notes will change slightly, with a loosening of some of the protective covenants
, notably with the class A leverage covenant increasing to 5.75x.
Malloy, Boston [divider] Road assessments Matthew Costa, the developer of Meadowview Heights, a residential development in Provincetown, signed a declaration of protective covenants
for the property and registered it with the Barnstable County Registry of Deeds.
Focus: Protective Covenants
Statutory Interpretation The Members of Sky Park Industrial Center (the Members) appeal a circuit court order entered on March 14, 2017.
The firms are likely to include other protective covenants
(in addition to ERC and Call provision) to counter the agency cost of debt (Billet et al.
(34) See Barrickman, 2015 WL 2357179 at *1 ("Restriction #6 in the Green Creek Estates' Declaration of Protective Covenants
and Restrictions prohibits 'commercial use' of property.").
O'Toole promotes private zoning and protective covenants
as a policy fix to the abuse of public zoning.
The problem, they say, is Stockholm is renting his home out for short-term rentals, which violates the protective covenants
that were established Nov.
First, specifying and enforcing optimal protective covenants
is costly, and the costs of some conceivable protections exceed the benefits.
The discussion below explores some of the best practices for designing and updating protective covenants
, as well as practical tips for implementing revised agreements with existing staff and for hiring accountants with preexisting contractual obligations.
Being wary of this wealth transfer to stockholders, bondholders seek to include protective covenants
in bond indentures to deter stockholders and managers from implementing such an asset substitution.
I get involved on both sides of the issue, trying to enforce protective covenants
or trying to protect companies hiring people."