https://leverest.net Superior financing solutions Fri, 25 Mar 2022 13:42:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://leverest.net/glossary/incurrence-covenants/ Fri, 25 Mar 2022 13:42:53 +0000 https://leverest.net/?post_type=glossary&p=7488 Additional contractual clauses where borrowers may only take a specific action (such as incurring debt, paying dividends or making certain investments) if, at the time the action is taken and pro forma for its occurrence, the issuer meets the test prescribed in that covenant.

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