Which of the following is the purpose of a 'negative pledge' clause on a company charge?
A、To prevent the company from issuing a subsequent charge on the same asset
B、To prevent the company from selling the asset without the chargee's permission
C、To prevent the company from using the asset without the chargee's permission
D、To ensure the company pays the proceeds from the sale of the asset to the chargeholder
A、To prevent the company from issuing a subsequent charge on the same asset
B、To prevent the company from selling the asset without the chargee's permission
C、To prevent the company from using the asset without the chargee's permission
D、To ensure the company pays the proceeds from the sale of the asset to the chargeholder
【参考答案及解析】
A 'negative pledge' clause prevents the company from issuing subsequent charges on the same asset.
A 'negative pledge' clause prevents the company from issuing subsequent charges on the same asset.