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What is restrictive covenants in the company's bond indenture?
When taking out a corporate bond, there is risk involved as companies can default on their bond repayments. Investors are aware of this risk and so when the bond is drawn up (bond indenture) the contract normally includes a number of restrictive covenants that prevent the company from defaulting purposely or increasing its option to default on purpose. Possible convenants may include: the company having to maintain its working capital above a certain level i.e level of debt to assets. cant sell its assets without approval a promise to provide certain financial statements to the lenders etc
What is an endorsement?
they can be either a special endorsement or a restrictive endorsement
How can a homeowners association vacate their subdivision covenants?
In the original Declaration of Subdivision Covenants the developer would have had to reserve the right to amend the declaration (in the body of the declaration) and then assign that right to the homeowner's association. You can review those documents at the land records office.
Which act of Congress restricted the president's power to commit troops to foreign countries without congressional approval?
War Powers Act
What is the presidents power of removal?
The President has unfettered, exclusive power to remove his appointees without approval from the legislature. This power is restricted to those whose positions are units of, and subordinate to, the executive department.
What the president power of removal?
The President has unfettered, exclusive power to remove his appointees without approval from the legislature. This power is restricted to those whose positions are units of, and subordinate to, the executive department.
When can a restricted government travel card be issued?
A restricted government travel card can be issued when an employee is required to travel for official government business but does not have access to a regular government travel card due to certain limitations, such as being a new employee or not meeting specific eligibility criteria. These restricted cards are typically used for authorized travel expenses and may have limitations on usage. The issuance is subject to the agency's policies and requires approval from the appropriate authorities.
Approval in-principal or approval in-principle?
Approval in principle
Who is papal approval?
papal approval is not a person, it is approval of the pope.
What does restricted courses mean?
Restricted courses refer to classes that have specific enrollment limitations based on criteria such as major, academic standing, prerequisites, or departmental approval. These restrictions ensure that only eligible students can enroll, often to maintain course quality or to meet program requirements. Students may need to meet certain qualifications or obtain permission to register for these courses.
Which situation will most likely result in an individual being issued a restricted tracel card?
An individual is most likely to be issued a restricted travel card if they are on probation or parole for a criminal offense, particularly if the terms of their release limit their travel to specific regions or require prior approval for travel. Additionally, individuals who are involved in ongoing legal proceedings, such as pending criminal charges or civil cases, may also receive a restricted travel card to ensure compliance with legal restrictions.
What is Official Approval?
Official approval is sanction.
