Control Related Covenants Homework Help

Control Related Covenants

Aim at ensuring competent management for the borrowers. This covenants may include.

Boroadbasing of board of directors and finalization of management set-up in consultant with the financial institution, .

Effective organisational changes and appointment of suitable professional staff, and

Appointment of nominee directors to represent the financial institutions and safeguard interests.

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Posted by: andy

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