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Manual fire detection,include human responses,such as calling the fire department,as well as manually activated alarms,such as sprinklers and gaseous systems._________________________
Protective Covenant
Part of the indenture limiting certain transactions that can be taken during the term of the loan, usually to protect the lender’s interest.
Preemptive Right Provision
A clause in a contract that gives existing shareholders the right to buy new shares before the company offers them to the public, in order to maintain their fractional ownership.
Private Placements
The sale of securities directly to a limited number of private investors rather than through a public offering in the open market.
Term Loans
Loans from financial institutions that are provided with a set amount of money and a specified repayment schedule and maturity date.
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