Reply to thread

Message: <blockquote data-quote="Amma Usman" data-source="post: 213995" data-attributes="member: 36740">Covenant A covenant is a legally binding promise within a contract that requires a party to do, or refrain from doing, something. In finance, covenants are often used in loan agreements to protect lenders, such as promises to maintain certain financial ratios. In M&A or commercial contracts, covenants can include non-compete clauses or obligations to perform specific actions before closing. Breaching a covenant can lead to legal remedies or termination of the agreement. They are often categorized as affirmative (must do) or negative (must not do) covenants.</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

Top Bottom