The term 'Alienation of Assets' refers to the sale or disposal of assets that form the security for a loan, and it often includes restrictions in loan agreements to protect lenders.
A comprehensive guide to covenant breaches, exploring their types, key events, mathematical models, real-life examples, and the significant impact on finance and banking.
In business transactions, credit terms detail the conditions under which a company allows its customers to pay for goods and services over a defined period. Understand the various aspects including payment due dates, discounts for early payment, and other financial conditions.
A Deed of Arrangement is a written agreement between a debtor and his or her creditors, registered with the Insolvency Service, to manage and compose debts or arrange the debtor's affairs.
An Earn-Out Agreement is a contingent contract used in acquisitions where a purchaser pays an initial amount and agrees to pay additional sums if specified criteria are met.
Pre-Sales Commitment refers to legally binding agreements to purchase or lease units within a property development project before its completion. It is a crucial factor often necessary for securing take-out loans.
A comprehensive overview of Standstill Agreements, their historical context, types, key events, detailed explanations, and importance in various fields.
A comprehensive guide to understanding call features or call provisions in bond indentures, including schedules, redemptions, call premiums, and call prices.
A Loan Commitment involves an agreement where a lender agrees to lend a specified amount of money under specified terms at a future date. This entry covers types, considerations, examples, and historical context.
Explore the legal definition of an obligation in finance, including a wide range of examples, historical context, and applicability in modern financial practices.
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