Sentences with phrase «loan covenants»

When you are building your personal loan the covenant section is an excellent way for the lender and borrower to spell out any special rules they must follow.

Interest cover ratio is also a regular feature of loan covenants requiring borrowers to maintain a minimum level of interest cover failing which may impose the immediate settlement of debt.

if they have broken any significant promises made in loan agreements (called «loan covenant breaches»)

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

Minimum levels of current ratio are often defined in loan covenants to protect the interest of the lenders in the event of deteriorating financial position of the borrowers.

For the prospective business borrower, the first time they hear about loan covenants is when they talk to their lender or read some reference to them in the documentation that the lender provided.

After drawing down $ 192 million of nearly $ 500 million in potential financing, it triggered loan covenants when it botched production deadlines, failing to deliver cars on time.

Choose your pick of potential flashpoints: rising U.S. interest rates, weakening loan covenants, or the boom in exchange traded funds.

After announcing more bad news last night about breaking loan covenants, a week after suspending their dividend, I jumped ship and covered all short positions and sold...

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!

Contractual assignment and change - in - control clauses as well as potential impediments to a bid, such as loan covenants, regulatory requirements, and competition and foreign investment issues, should be highlighted.

Effectively managed a portion of the group's loan portfolio, which include collecting, analyzing and forecasting financial information, monitoring monthly loan covenants and working closely with loan operations and administration to coordinate daily loan maintenance.

Since the absence of a major tenant can also provide an out for smaller retailers, the impact can be significant and can result in the owners» being in violation of mortgage loan covenants.

In the depths of recession, after big - name retailers flipped off their lights for good, lenders everywhere warned landlords of the penalties for violating loan covenants.

Has anyone dealt with restrictions of transferability of membership, ownership or beneficial interests under Fannie or Freddie loan covenants?

This could affect their credit ratings and create problems with existing loan covenants, especially if long - term leases are involved.

The investment manager should also outline the key terms of any loans the scheme has and tell you if they have broken any promises made in loan agreements (called «loan covenant breaches»).

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.»

Tesla negotiated sweeter terms for its loan covenants, though.

Clean Harbors believes that Adjusted EBITDA provides additional useful information to investors since the Company's loan covenants are based upon levels of Adjusted EBITDA achieved and management routinely evaluates the performance of its businesses based upon levels of Adjusted EBITDA.

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.

At a time when the Museum was in default on its loan covenants, and was facing potential foreclosure, Chevrolet introduced the new C5 Corvette on January 6th, 1997 and the Museum was selected to be a satellite location for the special viewing.

Watch the loan covenants, so that you can get good recoveries in a default.

In fact, it may help your credit score if you are able to obtain a loan and stay in compliance with your loan covenants.

Loan covenants — the conditions or rules a borrower must comply with over the loan term — are excellent way to spell out any special rules and avoid misunderstandings.

an independent valuation of properties used for loan security is obtained before making or renewing a loan and within two months of directors forming a view of a likelihood that a security property value decrease may have caused a material breach of a loan covenant, and

Loan covenants are the conditions or rules you must comply with over the loan term.

Loan covenants are conditions or rules that the borrower must comply with over the term of the loan.

whether the company has defaulted on any current or previous debt obligations, or has breached any conditions on its loans (loan covenants), and

Lenders also vary in required loan covenants, such as reserve requirements.

One thing people typically do not know is that you can PUSH BACK on the loan covenants from a bank.

Just because you change title does not absolve you to your duties of the loan covenants and guarantees.

In doing so, he violated one of the loan covenants.