covenant — cov·e·nant / kə və nənt/ n 1: an official agreement or compact an international covenant on human rights 2 a: a contract in its entirety or a promise within a contract for the performance or nonperformance of a particular act a covenant not to… … Law dictionary
covenant not to compete — covenant not to com·pete n: a covenant in an agreement (as for the sale of a business) by which one party agrees not to engage in the same business or a similar business in a particular area for a period of time Merriam Webster’s Dictionary of… … Law dictionary
covenant marriage — A type of marriage available only in Arizona, Arkansas, and Louisiana, in which the spouses promise that they ll participate in marriage counseling before filing for divorce and agree to a longer waiting period before the divorce can be final.… … Law dictionary
covenant, action of — One of the old common law forms of action by which the plaintiff claimed damages for breach of a covenant, that is, a contract under seal. Dictionary from West s Encyclopedia of American Law. 2005. coven … Law dictionary
covenant that runs with the land — A formal agreement or promise that passes with land from owner to owner so that the land cannot be conveyed to a new owner without the covenant. Category: Real Estate & Rental Property Category: Wills, Trusts & Estates Nolo’s Plain English Law… … Law dictionary
covenant-lite — USA A type of loan facility which has less financial covenant restrictions than is ordinarily required. Covenant lite loan facilities take various forms but may be broadly characterized as senior syndicated leveraged loan facilities with the… … Law dictionary
covenant, affirmative — n. A covenant in which one party agrees to do something. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
covenant, negative — n. A covenant in which one party promises not to do something. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
covenant for further assurance — n. A covenant in which a seller of land agrees to do whatever is necessary to perfect the buyer’s title. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
covenant running with the land — n. A covenant that is attached to a piece of land and is binding on those who come into possession of it. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary