# Negative Pledge Clause

**IRI:** https://folio.openlegalstandard.org/RCdjeyRaYgHqnJ1OOQMd6Wz

## Labels

**Translations:**

- de-de: Negativverpflichtungsklausel
- en-gb: Negative Pledge Clause
- es-es: Cláusula de no gravamen
- es-mx: Cláusula de no gravamen
- fr-fr: Clause de non-cession
- 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
- pt-br: Cláusula de não-oneração
- zh-cn: 负面抵押条款

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc

**Deprecated:** False