Skip to main content

Download Form

Control of Cash Covenant Sample

Description: General business covenants place restrictions on corporate structure and business activities of an obligor. These sample clauses restrict a borrower's right to open bank accounts and maintain cash reserves.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 129502
Keywords: "control of cash"; covenant; "excess cash"; "additional bank accounts"; borrower; subsidiary; agent; "credit agreement"; indenture; "restricted subsidiary
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