If the amount so calculated is negative, you will pay such amount to us in accordance with clause 17.1.
如计算所得金额为负值,贵方得依据17.1条款向我方支付该笔款项。
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。
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。
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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