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.
1. Definition of debt covenants, positive and negative covenants. Debt covenants are restrictions in debt agreements (indentures) that aim to protect the lender (creditor, debt holder, or investor) by restricting the activities of the borrower (debtor). Debt covenants benefit both the lender and the borrower: 1  debt restrictions could protect the lender by requiring or prohibiting certain activities of the lender: in other words, debt covenants should restrict the borrower from making decisions that would be detrimental to the lender; and.