renonciation à la clause de nantissement négative
- Domaine
-
- finance
Terme :
- renonciation à la clause de nantissement négative n. f.
Terme associé :
- renonciation à la clause de nantissement pari passu n. f.
Traductions
-
anglais
Auteur : Banque mondiale / World Bank,Définition
Situation whereby a lender waives its right to a negative pledge i.e. an agreement that the borrower wil not pledge any of its assets if doing so would result in less security to the lender covered under the agreement in a loan agreement.
Note :
The Bank normally will not waive its negative pledge rights but did so recently along with other creditors in the 1987 Mexican collateralized bond scheme.
Terme :
- waiver of negative pledge
Terme associé :
- negative pledge waiver