Examlex
The role of a buffer is to
Forced Sale
A sale carried out under conditions where the seller is under pressure to dispose of an asset, often resulting in a lower sale price than under normal circumstances.
Due Diligence
The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or transaction with another party.
Covenant Waivers
Agreements that allow a borrower to avoid being in default on their loan covenants, often granted by a lender under certain conditions.
Indenture Evaluation
The process of assessing the terms and conditions of a bond agreement, known as an indenture.
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