negative covenant meaning in English
负面契约
Examples
- Given the importance of the cosa to the company , lenders should consider a negative covenant requiring the parties not to terminate the cosa without lenders ' consent or a remedy giving the lenders some form of step in right to remedy the situation in the event of a threatened termination
鉴于原油供应协议对项目公司的重要性，各贷款人应考虑一项反面约定，要求在未征得各贷款人同意的情况下双方不得终止原油供应协议，或规定一项补救措施，在可能出现终止的情况下，授予各贷款人一定的干预权来对情势进行补救。