Sentences with phrase «bank loan covenant»

BBEP's is a beautifully intricate story in which the oil crash, the market crash, an angry majority shareholder, a convenient bank loan covenant, 5 years of hedged production, and the fleeing of dividend - loving stock holders combined to create the easiest purchasing decision I've ever made!

Not exact matches

The slump into the red triggered a breach of its loan covenant with National Australia Bank and a January 30 deadline to patch up its margins and provide a strategy to slim down its cost structure.

But in bank loans to entities acquiring corporations, the covenants are getting weaker.

Covenants were a clumsy replacement for simple communication between a borrower and its bank, but they were necessary, especially since the new, syndicated loans had another key characteristic: they were tradable.

Banks and other third - party lenders now often require personal guarantees of partners or impose restrictive loan covenants that may be difficult to meet.

A bank will do loan to LLC with recourse to you or the owner of the LLC (ie., another LLC or LP that has significant assets) if has very strong collateral / attached covenants on parent company.

The National Association of Realtors ® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government - sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants.

As the leading advocate for homeownership and housing issues, NAR applauds the Federal Housing Finance Agency for issuing a final rule to restrict Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants.

The federal banking agencies» examination revealed an «easing of CRE underwriting standards, including less - restrictive loan covenants, extended maturities, longer interest - only payment periods, and limited guarantor requirements.»