TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
NEGATIVE PLEDGE [3 records]
Record 1 - internal organization data 2006-10-06
Record 1, English
Record 1, Subject field(s)
- Loans
- Foreign Trade
Record 1, Main entry term, English
- negative pledge clause
1, record 1, English, negative%20pledge%20clause
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- negative-pledge clause 2, record 1, English, negative%2Dpledge%20%20clause
correct
- negative pledge 3, record 1, English, negative%20pledge
correct
- covenant of equal coverage 4, record 1, English, covenant%20of%20equal%20coverage
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A covenant in a loan agreement that obliges the borrower not to grant security in favour of a subsequent creditor unless notes or debentures outstanding under the agreement are equally secured. 5, record 1, English, - negative%20pledge%20clause
Record 1, French
Record 1, Domaine(s)
- Prêts et emprunts
- Commerce extérieur
Record 1, Main entry term, French
- clause de sûreté négative
1, record 1, French, clause%20de%20s%C3%BBret%C3%A9%20n%C3%A9gative
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- clause de nantissement négative 2, record 1, French, clause%20de%20nantissement%20n%C3%A9gative
correct, feminine noun
- clause de ne pas faire 3, record 1, French, clause%20de%20ne%20pas%20faire
feminine noun
- clause négative 3, record 1, French, clause%20n%C3%A9gative
feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Clause d'un contrat de prêt par laquelle le débiteur, qui a emprunté des fonds sans fournir de garantie, s'interdit de constituer toute sûreté sur son patrimoine; dans le cadre d'une émission d'obligations, clause d'un acte de fiducie par laquelle la société débitrice s'interdit de constituer des sûretés sur ses actifs si cela a pour effet de porter préjudice à la garantie dont jouissent les obligataires. 4, record 1, French, - clause%20de%20s%C3%BBret%C3%A9%20n%C3%A9gative
Record number: 1, Textual support number: 1 OBS
On prête parfois à l'expression «sûreté négative» un sens plus large que «negative pledge» pour en faire l'équivalent du terme «covenant» lorsque celui-ci correspond à une obligation de ne pas faire. 4, record 1, French, - clause%20de%20s%C3%BBret%C3%A9%20n%C3%A9gative
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Préstamos
- Comercio exterior
Record 1, Main entry term, Spanish
- cláusula de obligación negativa
1, record 1, Spanish, cl%C3%A1usula%20de%20obligaci%C3%B3n%20negativa
correct, feminine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
- cláusula de abstención 1, record 1, Spanish, cl%C3%A1usula%20de%20abstenci%C3%B3n
correct, feminine noun
- cláusula de pignoración negativa 2, record 1, Spanish, cl%C3%A1usula%20de%20pignoraci%C3%B3n%20negativa
correct, feminine noun
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 DEF
Se estipula en convenios financieros de grandes sumas, mediante la cual el deudor se compromete a no empeñar, hipotecar, ceder o pignorar activos o ganancias como garantía de nuevos préstamos, sin antes ofrecer una participación de ese valor sobre una base de igualdad. 1, record 1, Spanish, - cl%C3%A1usula%20de%20obligaci%C3%B3n%20negativa
Record 1, Key term(s)
- cláusula negativa de pignoración
Record 2 - internal organization data 2004-06-15
Record 2, English
Record 2, Subject field(s)
- Investment
- Stock Exchange
Record 2, Main entry term, English
- negative pledge provision
1, record 2, English, negative%20pledge%20provision
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
- pari passu clause 2, record 2, English, pari%20passu%20clause
correct
Record 2, Textual support, English
Record number: 2, Textual support number: 1 DEF
Clause in loan agreement precluding subordination of the loan to other debt. In the issue of new shares, it states that the new shares will rank equally for dividend with an existing similar issue. 3, record 2, English, - negative%20pledge%20provision
Record 2, French
Record 2, Domaine(s)
- Investissements et placements
- Bourse
Record 2, Main entry term, French
- clause pari passu
1, record 2, French, clause%20pari%20passu
correct, feminine noun
Record 2, Abbreviations, French
Record 2, Synonyms, French
- clause d'égalité de traitement 2, record 2, French, clause%20d%27%C3%A9galit%C3%A9%20de%20traitement
feminine noun
- clause de solidarité 2, record 2, French, clause%20de%20solidarit%C3%A9
feminine noun
Record 2, Textual support, French
Record number: 2, Textual support number: 1 DEF
Clause par laquelle l'émetteur d'un emprunt obligataire s'engage à ne pas consentir ultérieurement au profit de nouveaux créanciers certaines garanties ou conditions sans en faire bénéficier également les obligataires de l'émission en cours. 3, record 2, French, - clause%20pari%20passu
Record 2, Spanish
Record 2, Campo(s) temático(s)
- Inversiones
- Bolsa de valores
Record 2, Main entry term, Spanish
- cláusula pari passu
1, record 2, Spanish, cl%C3%A1usula%20pari%20passu
correct, feminine noun
Record 2, Abbreviations, Spanish
Record 2, Synonyms, Spanish
Record 2, Textual support, Spanish
Record number: 2, Textual support number: 1 DEF
Cláusula por la que el prestatario se compromete a no conceder a un nuevo acreedor garantías o condiciones más ventajosas que las otorgadas a los prestamistas en cuyo contrato se incluye esta cláusula. 2, record 2, Spanish, - cl%C3%A1usula%20pari%20passu
Record 3 - internal organization data 1998-04-20
Record 3, English
Record 3, Subject field(s)
- Loans
Record 3, Main entry term, English
- waiver of negative pledge 1, record 3, English, waiver%20of%20negative%20pledge
Record 3, Abbreviations, English
Record 3, Synonyms, English
- negative pledge waiver 1, record 3, English, negative%20pledge%20%20waiver
Record 3, Textual support, English
Record number: 3, Textual support number: 1 DEF
Situation whereby a lender waives its right to a negative pledge (i.e. an agreement that the borrower will not pledge any of its assets if doing so would result in less security to the lender covered under the agreement) in a loan agreement. 1, record 3, English, - waiver%20of%20negative%20pledge
Record 3, French
Record 3, Domaine(s)
- Prêts et emprunts
Record 3, Main entry term, French
- renonciation à la clause de nantissement négative
1, record 3, French, renonciation%20%C3%A0%20la%20clause%20de%20nantissement%20n%C3%A9gative
feminine noun
Record 3, Abbreviations, French
Record 3, Synonyms, French
- renonciation à la clause de nantissement pari passu 1, record 3, French, renonciation%20%C3%A0%20la%20clause%20de%20nantissement%20pari%20passu
feminine noun
Record 3, Textual support, French
Record 3, Spanish
Record 3, Campo(s) temático(s)
- Préstamos
Record 3, Main entry term, Spanish
- dispensa de la cláusula de abstención
1, record 3, Spanish, dispensa%20de%20la%20cl%C3%A1usula%20de%20abstenci%C3%B3n
feminine noun
Record 3, Abbreviations, Spanish
Record 3, Synonyms, Spanish
- dispensa de la cláusula de obligación negativa 1, record 3, Spanish, dispensa%20de%20la%20cl%C3%A1usula%20de%20obligaci%C3%B3n%20negativa
feminine noun
- exención de la cláusula de abstención 1, record 3, Spanish, exenci%C3%B3n%20de%20la%20cl%C3%A1usula%20de%20abstenci%C3%B3n
feminine noun
- exención de la cláusula de obligación negativa 1, record 3, Spanish, exenci%C3%B3n%20de%20la%20cl%C3%A1usula%20de%20obligaci%C3%B3n%20negativa
feminine noun
Record 3, Textual support, Spanish
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