Examlex
The purpose of the "upside down" projection is to
Renegotiate
The process of revising the terms of an existing contract or agreement.
Default
The failure to meet the legal obligations or conditions of a loan, typically when a debtor cannot make a required payment.
Interest Rate
The percentage at which interest is charged or paid on a loan or investment over a specific period.
Loan Covenant Restrictions
Conditions imposed by lenders that restrict certain actions of the borrower, intended to protect the lender's interests.
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