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Example of a Covenant Not to Sue . For example, imagine the environmental regulatory body of a state government determines that a manufacturing firm is not properly handling hazardous waste products.
For example, you may need to replant dead grass and shrubbery. You also may be unable to repaint your house a vibrant color when the covenants only permit neutral tones.
Example of Covenants Not to Execute . For example, a construction company purchases a liability insurance policy to protect it against certain risks while it builds a new hospital.
Many indentures contain covenants that rely on financial accounting numbers, such as a maximum debt-to-EBITDA ratio. For example, an indenture filed by CBS Corp. in October 2016 restricts the company ...
For example, you may need to replant dead grass and shrubbery. You also may be unable to repaint your house a vibrant color when the covenants only permit neutral tones.
Affirmative covenants are positive and stipulate that the issuer perform certain actions that continue to ensure the company’s trustworthiness and creditworthiness. They’re also meant to protect the ...
For example, Virginia defines "low wage" to cover both employees and independent contractors who earn less than the average weekly wage of the commonwealth, which currently is $1,195 weekly (or ...
For example, effective Jan. 1, 2022, employers must advise Illinois-based employees to consult an attorney before signing a restrictive covenant agreement, and employers must either provide a copy ...
Example of a restrictive covenant. One common example of a restrictive covenant is a rule that stops you from building new structures on your property. If you live in a neighbourhood full of detached ...
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