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Line of Business Covenant Sample 1

Book Publication Date: Nov 2014
Description: General business covenants place restrictions on corporate structure and business activities of an obligor. This sample line of business covenant confines the borrower to operating in a particular industry.
Type: Contract Clauses
PLI Item #: 128926
Practice Area: Banking and finance, Corporate finance

Keywords: "line of business"; borrower; subsidiaries; "related business"; "credit agreement"; "general business covenant"; "corporate finance"; lender

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