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A negative pledge clause is a type of covenants clause that companies issuing bonds may have to adhere to in their indenture. Specifically it restricts how much debt can rank ahead of this debt. It is another way to protect bondholders.

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16y ago

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What are two ways the constitution protects economicfreedom?

The Contracts Clause and the Dormant Commerce Clause (i.e., the negative implications of the Commerce Clause).


Is there a connection between McCarthyism and the Pledge of Allegiance?

The "under God" clause was added to the Pledge of Allegiance during the McCarthy era, in the belief that no Communist would pledge or swear to God in any way, since they were understood to be atheists. Committed Communists actually had no problems reciting the Pledge of Allegiance or other oaths; part of their commitment was to do or say anything necessary to be trusted, where they worked or operated. The persons affected by the "under God" clause were essentially non-Communists, of beliefs that varied from the Judeo-Christian mainstream.


How many negative words are allowed in a clause?

There is no set limit on the number of negative words allowed in a clause. However, excessive use of negative words can make the sentence confusing or difficult to understand. It is generally recommended to limit the use of negative words for clarity and readability.


Does your child legally have to say the pledge?

I assume you are referring to the Pledge of Allegiance in public schools. The answer is no. It is federal law, under the First Amendment's free speech clause, that children may not be required to recite the Pledge. Children who don't want to do it, for whatever reason, can stand or sit respectfully while the others recite the Pledge. Schools are prohibited from forcing children to recite the pledge, and schools are prohibited from punishing those students for refusing to recite the pledge. However, any students who harass those who don't say the Pledge are subject to discipline or even expulsion.


what article says that national and state officials must pledge to uphold the constitution?

The article that states that national and state officials must pledge to uphold the Constitution is Article VI, Clause 3 of the United States Constitution. This clause requires all members of the oath of office to swear or affirm to support the Constitution, ensuring a commitment to its principles and legal framework.


What is a charitable pledge?

its a pledge


When was the pledge of allegience taken out?

The Pledge of Allegiance has never been removed from schools or public settings in the United States; however, its recitation has been subject to legal challenges. A significant Supreme Court case in 1962, Engel v. Vitale, ruled that mandatory recitation of the pledge in public schools violated the Establishment Clause of the First Amendment. This decision led to the practice becoming voluntary, allowing students the choice to participate or abstain.


What is Ecuador pledge?

The pledge of ecuador?


What is the Australian pledge?

There is no Australian pledge.


Sigma gamma rho pledge?

Sigma Gamma Rho's pledge is a sacred pledge that will not be publicized to the public. Only members have access to the pledge.


What is the name of the pledge of US?

The Pledge of Allegiance.


Why did the Australian pledge change in 1994?

It didn't. There is no Australian pledge, and there has never been an Australian pledge.