Limitation on Liens

Limitation on Liens
A covenant contained in a bond restricting a company’s ability to grant liens that are placed on the assets of the company.

Related posts:

  1. Limitation on Sale-and-Leaseback
  2. Limitation on Subsidiary Borrowing
  3. Limitation on Merger, Consolidation, or Sale
  4. Limitation on Asset Dispositions
  5. Debt Limitation

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