FOLIO Ontology

Negative Pledge Clause

IRI:
https://folio.openlegalstandard.org/RCdjeyRaYgHqnJ1OOQMd6Wz
Preferred Label N/A
Alternative Labels

None

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.

Class Relationships

Parent(s)

Is Defined By

N/A

See Also

None

Children 0

  • None

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

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available