Skip to main content

Download Form

Line of Business Covenant Sample 4

Description: General business covenants place restrictions on corporate structure and business activities of an obligor. This sample line of business covenant prevents the borrower from changing their line of business after the date of signing the agreement.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 128931
Keywords: "line of business"; borrower; subsidiaries; "related business"; "credit agreement"; "general business covenant"; "corporate finance"; lender; "initial borrowing date"; "change of business"
Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.