Protective Covenant

Filed Under: p by
Protective Covenant
Component of loan agreement or indenture that imposes restrictions on company actions to protect the lenders. These restrictions may be in force during the term of the loan.

Recommended for you:

  1. Bond Covenant
  2. Positive Covenant of a Bond
  3. Covenant-Lite Loans
  4. Affirmative Covenant
Home / Glossary / p / Protective Covenant