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Line of Business Covenant Sample 2
Drafting for Corporate Finance: Concepts, Deals, and Documents (Second Edition)
Book Publication Date:
General business covenants place restrictions on corporate structure and business activities of an obligor.
This sample line of business covenant confines the borrower to the line of business they were operating in on the initial borrowing date.
PLI Item #:
Corporate & Securities
"line of business"
"general business covenant"
"initial borrowing date"
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