negative pledge clause

基本解释

Chapter Two: The Negative Pledge Clauses in Project Assets Security.
第二章：项目资产担保中的消极担保条款。
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。
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.
一个潜在的危机是，它可能意味着一些债券持有人，拥有比别人更多的可能会打破“消极的承诺条款”的权利，尽管这种情况是明确禁止的。