Examlex
Sharps containers should be changed when they are three fourths full to prevent accidental needle sticks.
Negative Covenants
Provisions in a loan agreement that restrict certain actions of the borrower to protect the lender's interests.
Bond Indenture
A legal contract detailing the terms and conditions under which a bond is issued, including interest rates, maturity dates, and issuer obligations.
Sinking Fund
A fund set aside by a corporation for the purpose of repaying debt or buying back shares, to ensure financial stability and investor confidence.
Seniority Requirements
Rules or conditions that prioritize certain debts or obligations over others, typically in the event of bankruptcy or liquidation.
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