Business / Finance / Covenants: A statistical measure of the degree to which random variables move together. A positive covariance implies that one variable is above (below) its mean value when the other variable is above (below) its mean value.

Negative Covenants

Business / Loan / Negative Covenants: Statements of actions or events of the borrower must prevent from occurring or existing, for example, additional borrowing without the lender's consent. MORE

Covenants That Run With The Land

Business / Real Estate / Covenants That Run With The Land: Convenants that become part of the property rights and benefit or bind successive owners of the property. MORE

Restrictive Covenants

Business / Finance / Restrictive Covenants: Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. MORE

Condition Subsequent

Business / Real Estate / Condition Subsequent: A fee simple estate, may be qualified by a condition subsequent. This means that the new owner must not perform some action or activity. The former owner retains a right of reentry so that if the cond MORE

Run With The Land

Business / Real Estate / Run With The Land: A phrase describing rights or covenants that bind or benefit successive owners of a property. An example is a restrictive building covenant in a recorded deed that would affect all future owners of th MORE

CC and Rs

Business / Real Estate / CC and Rs: Covenants, conditions and restrictions are limitations on land use, which are imposed by deeds, usually when land is subdivided. CC&Rs are a means of regulating building construction, density and use. MORE