In Australia, negative pledge lending took off after a substantial deal by Pioneer Concrete in 1978. It was a new way of lending, which allowed the banks to lend to corporations, something previously the domain of life insurers. Negative pledge clauses are almost universal in modern unsecured commercial loan documents. The purpose is to ensure that a borrower, having taken out an unsecured loan, cannot subsequently take out another loan with a different lender, securing the subsequent loan on the specified assets.
Spruce Knob, highest point in West Virginia, U.S., located in the Allegheny Mountains in the eastern part of the state, about 25 miles (40 km) southeast of Elkins.
Sitka spruce, (Picea sitchensis,) known also as tideland spruce, coast spruce, and yellow spruce, is the largest of the world's spruces and is one of the most prominent forest trees in stands along the northwest coast of North America. Alaska didn't become a state, officially, until 1959. House Bill No. 325 proposed the Sitka spruce, the most valuable tree species in Alaska, as the official state tree of Alaska.