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.
另外，卖方应每月向买方提供临时的赦免抵押条款以及以买方所要求的格式，将免除押条款将作为最终付款的一个条件。
In addition, Seller shall furnish to Purchaser monthly interim lien waivers and a final lien waiver as a condition of final payment in the form requested by Purchaser.
一个潜在的陷阱是，这可能意味着一些债券持有人可以比其他人获得更多的权利，然而这明显违反了“取消抵押条款”，其中详细规定禁止这种情况发生。
One potential pitfall is that it may mean that some bondholders have more rights than others, a provision that may break "negative pledge clauses" which specifically forbid such a situation.
应用推荐