negative pledge clause

基本解釋

Chapter Two: The Negative Pledge Clauses in Project Assets Security.
第二章：項(xiàng)目資産擔(dān)保中的消極擔(dān)保條款。
The covenants clause is composed of sub-clauses such as negative pledge, pari passu, financial covenant and so on.
＂約定事項(xiàng)＂包括衆(zhòng)多分條款，如消極擔(dān)保、比例平等、財(cái)務(wù)約定事項(xiàng)等。
One potential pitfall is that it may mean that some bondholders have more rights than others, a provision that may break “negative pledge clauses” which specifically forbid such a situation.
一個(gè)潛在的危機(jī)是，它可能意味著一些債券持有人，擁有比別人更多的可能會(huì)打破“消極的承諾條款”的權(quán)利，盡琯這種情況是明確禁止的。