- covenant, affirmative
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n.A covenant in which one party agrees to do something.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
covenant, affirmative
Look at other dictionaries:
affirmative — af·fir·ma·tive /ə fər mə tiv/ adj 1: asserting the existence of certain facts esp. in support of a cause of action affirmative proof 2: resulting from an intentional act affirmative concealment 3: involving or requiring application of effort … Law dictionary
Affirmative Covenant — A type of promise or contract which requires a party to do something. For example, a bond covenant that provides that the issuer will maintain adequate levels of insurance or deliver audited financial statements is an affirmative covenant.… … Investment dictionary
covenant — cov·e·nant / kə və nənt/ n 1: an official agreement or compact an international covenant on human rights 2 a: a contract in its entirety or a promise within a contract for the performance or nonperformance of a particular act a covenant not to… … Law dictionary
Covenant running with the land — A covenant running with the land, is a real covenant, in the law of real property. It is a nonpossessory interest in land in one form as an agreement between adjoining landowners to do something (affirmative covenant) or to refrain from doing… … Wikipedia
Covenant (law) — Property law Part of … Wikipedia
Affirmative action — For the history and implementation of affirmative action in the U.S., see Affirmative action in the United States. Affirmative action refers to policies that take factors including race, color, religion, gender, sexual orientation or national… … Wikipedia
covenant — /kavanant/ An agreement, convention, or promise of two or more parties, by deed in writing, signed, and delivered, by which either of the parties pledges himself to the other that something is either done, or shall be done, or shall not be done,… … Black's law dictionary
covenant — /kavanant/ An agreement, convention, or promise of two or more parties, by deed in writing, signed, and delivered, by which either of the parties pledges himself to the other that something is either done, or shall be done, or shall not be done,… … Black's law dictionary
Affirmative covenant — A bond covenant that specifies certain actions the firm must take. The New York Times Financial Glossary … Financial and business terms
affirmative covenant — A provision in the lender s documents that requires the borrower to do something in the future. For example, a requirement for the borrower to provide annual audited financial statements to the bank during the term of the loan. American Banker… … Financial and business terms
