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• 12:19, 3 October 2023 Amwelladmin talk contribs created page Template:AI Negative covenant (Created page with "A negative covenant is a promise made by the borrower to refrain from certain actions that could negatively affect its ability to repay the loan. These are restrictions placed on the borrower to help ensure continued creditworthiness such that the borrower can repay its loans to the lender. For example, a negative covenant might prohibit the borrower from taking on additional debt, selling certain assets, or making certain changes to the business without the lender’s...")