negative pledge clause in finance agreements
Financiers usually enjoy various security devices for guarantee of the repayment of the principal and interest, among them one which is very prevalent, in particular in unsecured finance, is “negative pledge covenant”, according to which the borrower promises not to encumber his assets in favor of a...
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2020-02-01
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| Series: | Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī |
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| Online Access: | https://jplr.atu.ac.ir/article_10854_4bd792ad85a38201111694797554efc1.pdf |