convenants

the company signed restrictive covenants to prevent competitors from stealing trade secrets.

real estate covenants often restrict the types of structures homeowners can build.

borrowers must agree to various financial covenants when securing a large business loan.

the lease contains a covenant requiring the tenant to maintain the property in good condition.

neighborhood associations enforce covenants regarding lawn maintenance and exterior paint colors.

violating debt covenants can result in immediate repayment of the entire loan balance.

a non-compete covenant prevents employees from working for direct rivals after resignation.

title deeds frequently include restrictive covenants that run with the land indefinitely.

lawyers review the loan agreement to ensure the covenants are not too onerous.

the merger agreement includes specific covenants regarding the treatment of existing employees.

historic properties may be subject to preservation covenants limiting structural modifications.

banks monitor financial ratios to ensure compliance with loan covenants.