Chapter Two: The Negative Pledge Clauses in Project Assets Security.

第二章：项目资产担保中的消极担保条款。

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The covenants clause is composed of sub-clauses such as negative pledge, pari passu, financial covenant and so on.

＂约定事项＂包括众多分条款，如消极担保、比例平等、财务约定事项等。

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Negative Pledge Clause A negative covenant in an indenture, it states that the corporation will not pledge any of its assets if doing so would give the lenders less security.

负抵押条款契约中的负面条款，声明若资产抵押会减少贷款方抵押价值，则借贷方不可进行这项抵押。

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Is the World Bank satisfied that its "negative pledge" concerns have been met?

CENTERFORSECURITYPOLICY: Center for Security Policy | The Brody Confirmation: Will Eximbank Be Allowed To Go The Way Of A Scandal-Ridden CCC?

Mr. Gingrich took a two-pronged approach as he tried to push back against weeks of negative ads without abandoning his pledge to remain positive when it comes to his GOP rivals.

WSJ: Iowa Race Down to the Wire

Governor Romney said yesterday that he'd love to have a pledge or some sort of agreement on negative ads, on personal-attack ads.

WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,