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BNET Business Dictionary
- Covenant
- to agree to pay annually a specified sum of money to a person or an organization by contract
- Covenant definition on BNET »
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- Fitch Lowers Avis' L-T IDR to 'BB-'; Placed on Watch Negative
- NEW YORK -- Fitch Ratings has downgraded Avis Budget Car Rental LLC's ABC Issuer Default Ratings IDRs and outstanding debt ratings as follows and placed them on Rating Watch Negative: Avis Budget Car Rental, LLC --Long-term IDR to 'BB-' from 'BB'; --Senior secured debt to 'BB+' from...
- Research articles 2008-10-28
- Tortoise Capital Resources Corporation Announces Company is in Compliance With Coverage Covenants for its Short-Term Borrowings — Will participate in an Industry Update Call on Tuesday, October 14
- LEAWOOD, Kan. -- Tortoise Capital Resources Corp. (NYSE: TTO)the company announced today that it is in compliance with all of its loan covenants, and has adequate borrowing capacity to meet expected funding requirements and consider additional investments. The company has a committed credit facility of up to $50.0 million, which...
- Research articles 2008-10-13
- Coors Brewing Company Signs Historic Economic Covenant with National Black Economic Development Coalition
- Coors Continues Commitment to African-American Community GOLDEN, Colo. -- Coors Brewing Company today reaffirmed its commitment to the African-American community with the historic signing of a national economic covenant with the National Black Economic Development Coalition NBEDC, continuing a tradition of economic development and philanthropy initiated by Coors in...
- Research articles 2008-01-29
- Senesco Technologies Closes on $1.5 Million of Previously Announced Financing
- NEW BRUNSWICK, N.J. -- Senesco Technologies, Inc. ("Senesco" or the "Company") (AMEX: SNT) today announced that on September 21, 2007 it has closed on $1.5 million of its previously announced private placement with YA Global Investments, LP ("YA Global") of an aggregate of up to $5 million, three-year secured convertible...
- Research articles 2007-09-26
- Religions and international poverty alleviation: the pluses and minuses.(Essay)
- Increasingly within the international development community and among religious organizations, it is argued that religious agencies offer something unique to development programs, especially to those designed to alleviate poverty. Generally, this comparative advantage is seen as forms of social capital. In fact, virtually all the world's...
- Research articles 2007-09-22
- Kick-off for Hedley freehold pub float.
- Byline: Ben Wilmot Jun 06, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Tom Hedley is continuing to expand his Australian pub empire by marketing his $A1.2 billion freehold property float. The raising will be underwritten by the ANZ Bank, ABN Amro...
- Research articles 2007-06-06
- Covenant lite switch the 'next big thing'.
- Byline: Jemima Whyte Feb 27, 2007 (The Australian Financial Review - ABIX via COMTEX) -- A private equity conference was held in Sydney on 27 February 2007. High-profile firms at the conference included Allco Equity Partners, The Carlyle Group, Catalyst Investment Managers and Intermediate...
- Research articles 2007-02-27
- Timminco Announces Third Quarter 2006 Results.
- TORONTO, ONTARIO, Nov 14, 2006 CCNMatthews via COMTEX -- HIGHLIGHTS - For the third quarter, the net loss was $3.1 million or $0.04 per share, compared with a net loss of $5.8 million or $0.08 per share in the third quarter of 2005. ...
- Research articles 2006-11-14
- Chiquita Secures Amendment To Financial Covenants.
- CINCINNATI, November 10 /PRNewswire/ -- Chiquita Brands International, Inc. (NYSE: CQB) announced today that, as anticipated, the company amended its credit agreement dated as of June 28, 2005, with a syndicate of banks and financial institutions. This amendment modifies certain financial covenants relating to...
- Research articles 2006-11-10
- Timminco Announces Second Quarter 2006 Results.
- TORONTO, ONTARIO, Aug 14, 2006 CCNMatthews via COMTEX -- Timminco Limited (TSX:TIM) - HIGHLIGHTS - For the quarter, the net loss was $2.5 million or $0.03 per share, compared with a net loss of $3.0 million or $0.04 per share in ...
- Research articles 2006-08-14
- Baltimore City Circuit Court rules covenant not to compete survived
- A Baltimore-based company can prevent its director of manufacturing from working for a competitor in its highly specialized industry, a Baltimore City Circuit Court judge has concluded. Judge Kaye A. Allison granted a permanent injunction against James Braithwaite, restraining him from accepting employment with Westminster-based IntelliTECH Inc., one...
- Research articles 2006-08-09
- Taking the Last Step in Insurance Law's Most Significant Event: The End of First-Party Insurance Bad Faith in California
- I. INTRODUCTION An examination of the past twenty-five years in the field of insurance law presents a panoply of dramatic events that have had a significant impact on the insurance industry and make it difficult to select the single most significant development in the field. One tends to focus on...
- Research articles 2006-07-01
- One on one with Tavis Smiley
- The Covenant With Black America, a collection of essays on issues critical to Blacks, is not the first call-to-action book aimed at Black America, but it is the most successful. The first book from a Black publisher to top The New York Times' bestseller list, The Covenant has spawned a...
- Research articles 2006-05-18
- Timminco Announces First Quarter 2006 Results.
- TORONTO, ONTARIO, May 9, 2006 CCNMatthews via COMTEX -- Timminco Limited (TSX:TIM) - HIGHLIGHTS - For the first quarter, the net loss was $1.9 million or $0.02 per share, compared with a net loss of $0.4 million or $0.01 per share in...
- Research articles 2006-05-09
- 'The Covenant with Black America' reaches No. 1 on New York Times Best Seller list
- The Covenant with Black America, a collection of essays by Black Americans that examines such issues as education, health care and judicial disparities, has become the No. 1 nonfiction, paperback book in America. With an introduction by media personality Tavis Smiley, the book is No. 1 on the New...
- Research articles 2006-05-08
- INVESCO PROPERTY INCOME TRUST LIMITED - Statement re Update.
- Invesco Property Income Trust Limited HEADLINE: Update on banking position, sales and expenses Further to the half-yearly report, the Board is pleased to provide an update on a number of actions undertaken since then. Borr ...
- Research articles 2007-12-07
- Restrictive Covenants In Physician's Employment Agreements in New Jersey
- In 1978, the New Jersey Supreme Court in Karlin v. Weinberg' held that a restrictive covenant in a physician's employment agreement is enforceable if it meets certain conditions. At the time, the American Medical Association had no ethical concerns against a reasonable restrictive covenant. However, in the years since 1978,...
- Research articles 2005-04-01
- Korematsu and beyond: Japanese Americans and the origins of strict scrutiny.(Judgments Judged and Wrongs Remembered: Examining the Japanese American Civil Liberties Cases of World War II on their Sixtieth Anniversary)
- I INTRODUCTION The story of the United States Supreme Court's epochal 1954 ruling in Brown v. Board of Education (1) and the legal struggle for civil rights led by the National Association for the Advancement of Colored People NAACP during the...
- Research articles 2005-03-22
- FASB rule could dry up capital of regulated industry, trip covenants of all
- The Financial Accounting Standard Board's proposal to require companies to elevate the funded status of their pension plans from footnote to a plus or minus on their balance sheets may have unforeseen - and unwelcome - consequences. Perhaps most important The Financial Accounting Standard Board's proposal to require companies to...
- Research articles 2006-06-15
- Legal Notes
- Redback Networks, Inc. v. Mayan Networks Corp., et al. (In re Mayan Networks Corp.), 306 B.R. 295 (B.A.P. 9th Cir. 2004) (A landlord's draw upon a letter of credit securing a lease is applied toward the allowed claim, thereby reducing the landlord's unsecured claim against the bankruptcy estate.) In January...
- Research articles 2004-11-01
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