Most people in the United States get enough vitamin A from the foods they eat, and vitamin A deficiency is rare. However, certain groups of people are more likely than others to have trouble getting enough vitamin A: Premature infants, who often have low levels of vitamin A in their first year.
The Negative Pledge. Banks have traditionally used a device known as the negative pledge (âNegative Pledgeâ) in lending documents. The Negative Pledge is an agreement whereby a borrower-pledgor promises a lender not to place a lien on pledgorâs property.
The negative pledge clause is designed to mitigate risks to bondholders by restricting certain activities in which the borrower can participate. Generally, this involves preventing the issuing organization from using assets to support another debt obligation if the transaction would have a negative impact on current bondholders.