Define: Incurrence Covenant
Incurrence Covenant means a borrower's commitment to satisfy certain financial requirements only when completing specific actions.
Incurrence Covenant means a borrower's commitment to satisfy certain financial requirements only when completing specific actions.
Relevant Circumstances
- Debt issuance
- Dividend payment
- Share purchase
- Mergers
- Acquisitions
- Divestitures
Relevant Sectors
- Financial Services
- Accounting
- Real Estate
- Private Equity
- Investment Banking