{"iri":"https://folio.openlegalstandard.org/RCdjeyRaYgHqnJ1OOQMd6Wz","label":"Negative Pledge Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de non-cession","es-es":"Cláusula de no gravamen","es-mx":"Cláusula de no gravamen","pt-br":"Cláusula de não-oneração","en-gb":"Negative Pledge Clause","de-de":"Negativverpflichtungsklausel","he-il":"סעיף התחייבות שלילית","hi-in":"नकारात्मक अधिवेशन शर्त","ja-jp":"ネガティブ・プレッジ・クローズ","zh-cn":"负面抵押条款"},"hidden_label":null,"definition":"A Negative Pledge Clause is a provision in a contract that prohibits a party from creating any new liens or encumbrances on their assets, which could negatively affect the other party's security interest.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}