{"id":1315,"date":"2026-02-04T06:30:16","date_gmt":"2026-02-03T21:30:16","guid":{"rendered":"https:\/\/keiyaku-office.biz\/terms\/?p=1315"},"modified":"2026-02-04T17:21:50","modified_gmt":"2026-02-04T08:21:50","slug":"covenants-clause","status":"publish","type":"post","link":"https:\/\/keiyaku-office.biz\/terms\/covenants-clause\/","title":{"rendered":"Covenants Clause"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>\u8a33\uff1a<\/strong><\/h3>\n\n\n\n<p><strong>\u7fa9\u52d9\u6761\u9805\u3001\u78ba\u7d04\u6761\u9805\u3001\u8a93\u7d04\u6761\u9805<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u610f\u5473\u5408\u3044\uff1a<\/strong><\/h3>\n\n\n\n<p>\u5f53\u4e8b\u8005\u304c\u5951\u7d04\u671f\u9593\u4e2d\u306b\u300c\u884c\u3046\u3079\u304d\u4e8b\u9805\uff08\u30dd\u30b8\u30c6\u30a3\u30d6\u30fb\u30ab\u30d0\u30ca\u30f3\u30c8\uff09\u300d\u3084\u300c\u884c\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u4e8b\u9805\uff08\u30cd\u30ac\u30c6\u30a3\u30d6\u30fb\u30ab\u30d0\u30ca\u30f3\u30c8\uff09\u300d\u3092\u307e\u3068\u3081\u305f\u6761\u9805\u306e\u540d\u79f0\u3067\u3059\u3002<\/p>\n\n\n\n<p><strong>\u203b Legal Interpretation:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Affirmative vs Negative: <\/strong>\u300c\u5831\u544a\u66f8\u3092\u63d0\u51fa\u3059\u308b\u300d\u300c\u7d14\u8cc7\u7523\u3092\u7dad\u6301\u3059\u308b\u300d\u306a\u3069\u306e\u4f5c\u70ba\u7fa9\u52d9\uff08Affirmative\uff09\u3068\u3001\u300c\u8cc7\u7523\u3092\u62c5\u4fdd\u306b\u5165\u308c\u306a\u3044\u300d\u300c\u52dd\u624b\u306b\u5408\u4f75\u3057\u306a\u3044\u300d\u306a\u3069\u306e\u4e0d\u4f5c\u70ba\u7fa9\u52d9\uff08Negative\uff09\u306e\u4e21\u65b9\u304c\u3053\u306e\u6761\u9805\u306b\u542b\u307e\u308c\u307e\u3059\u3002<\/li>\n<\/ul>\n\n\n\n<p><strong>\ud83d\udca1 Practical Tip: <\/strong>M&amp;A\u5951\u7d04\u306b\u304a\u3044\u3066\u306f\u3001\u5951\u7d04\u7de0\u7d50\uff08Signing\uff09\u304b\u3089\u6c7a\u6e08\uff08Closing\uff09\u307e\u3067\u306e\u9593\u306b\u3001\u58f2\u4e3b\u304c\u52dd\u624b\u306b\u4f1a\u793e\u8cc7\u7523\u3092\u51e6\u5206\u3057\u305f\u308a\u3057\u306a\u3044\u3088\u3046\u3001\u3053\u306e <strong>Covenants Clause<\/strong> \u3067\u300c\u901a\u5e38\u306e\u696d\u52d9\u7bc4\u56f2\u5185\uff08Ordinary Course of Business\uff09\u300d\u3067\u306e\u904b\u55b6\u3092\u53b3\u683c\u306b\u7fa9\u52d9\u4ed8\u3051\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u7528\u6cd5\uff1a<\/strong><\/h3>\n\n\n\n<p>\u4e3b\u306b <strong>\u6761\u9805\u306e\u898b\u51fa\u3057<\/strong> \u3084\u3001M&amp;A\u30fb\u878d\u8cc7\u5951\u7d04\u306e\u4e3b\u8981\u306a\u7fa9\u52d9\u898f\u5b9a\u3067\u4f7f\u7528\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uff08\u4f5c\u70ba\u7fa9\u52d9\uff1aAffirmative Covenant\uff09: \u300c\u301c\u3092\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u300d<\/strong>\u3068\u3044\u3046\u3001\u7a4d\u6975\u7684\u306a\u884c\u52d5\uff08\u5831\u544a\u3001\u7d14\u8cc7\u7523\u7dad\u6301\u306a\u3069\uff09\u3092\u898f\u5b9a\u3059\u308b\u3002<\/li>\n\n\n\n<li><strong>\uff08\u4e0d\u4f5c\u70ba\u7fa9\u52d9\uff1aNegative Covenant\uff09: \u300c\u301c\u3092\u3057\u3066\u306f\u306a\u3089\u306a\u3044\u300d<\/strong>\u3068\u3044\u3046\u3001\u7981\u6b62\u4e8b\u9805\uff08\u8cc7\u7523\u306e\u52dd\u624b\u306a\u51e6\u5206\u3001\u8ffd\u52a0\u306e\u501f\u5165\u308c\u306a\u3069\uff09\u3092\u898f\u5b9a\u3059\u308b\u3002<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u4f8b\u65871\uff08\u4f5c\u70ba\u7fa9\u52d9\uff1aAffirmative Covenant \u306e\u4f8b\uff09<\/strong><\/h3>\n\n\n\n<p>The Borrower <strong>shall<\/strong> deliver to the Lender its audited financial statements within ninety days after the end of each fiscal year.<\/p>\n\n\n\n<p>\uff08\u8a33\uff09 \u501f\u4e3b\u306f\u3001\u5404\u4f1a\u8a08\u5e74\u5ea6\u7d42\u4e86\u5f8c90\u65e5\u4ee5\u5185\u306b\u3001\u76e3\u67fb\u6e08\u307f\u306e\u8ca1\u52d9\u8af8\u8868\u3092\u8cb8\u4e3b\u306b\u5bfe\u3057\u3066\u63d0\u51fa<strong>\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044<\/strong>\u3082\u306e\u3068\u3059\u308b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u4f8b\u65872\uff08\u4e0d\u4f5c\u70ba\u7fa9\u52d9\uff1aNegative Covenant \u306e\u4f8b\uff09<\/strong><\/h3>\n\n\n\n<p>The Seller covenants that, until the Closing, it <strong>shall not<\/strong> sell, lease, or otherwise dispose of any material assets of the Business without the prior written consent of the Buyer.<\/p>\n\n\n\n<p>\uff08\u8a33\uff09 \u58f2\u4e3b\u306f\u3001\u6c7a\u6e08\u5b8c\u4e86\u307e\u3067\u3001\u8cb7\u4e3b\u306e\u4e8b\u524d\u306e\u66f8\u9762\u306b\u3088\u308b\u540c\u610f\u306a\u304f\u3001\u4e8b\u696d\u306e\u91cd\u8981\u306a\u8cc7\u7523\u3092\u58f2\u5374\u3001\u8cc3\u8cb8\u3001\u307e\u305f\u306f\u305d\u306e\u4ed6\u306e\u65b9\u6cd5\u3067\u51e6\u5206<strong>\u3057\u3066\u306f\u306a\u3089\u306a\u3044<\/strong>\u3053\u3068\u3092\u8a93\u7d04\u3059\u308b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u3010\u6ce8\u8a18\u3011<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Affirmative Covenant \/ Negative Covenant: \u4f5c\u70ba\u7fa9\u52d9\uff08\uff5e\u3059\u308b\u7fa9\u52d9\uff09 \/ \u4e0d\u4f5c\u70ba\u7fa9\u52d9\uff08\uff5e\u3057\u306a\u3044\u7fa9\u52d9\uff09\u3002<\/strong><\/li>\n\n\n\n<li><strong>audited financial statements: \u76e3\u67fb\u6e08\u307f\u8ca1\u52d9\u8af8\u8868\u3002<\/strong><\/li>\n\n\n\n<li><strong>fiscal year: \u4f1a\u8a08\u5e74\u5ea6\u3002<\/strong><\/li>\n\n\n\n<li><strong>dispose of: \u51e6\u5206\u3059\u308b\uff08\u58f2\u5374\u3001\u5ec3\u68c4\u3001\u8b72\u6e21\u306a\u3069\u3092\u542b\u3080\u5e83\u3044\u6982\u5ff5\uff09\u3002<\/strong><\/li>\n\n\n\n<li><strong>prior written consent: \u4e8b\u524d\u306e\u66f8\u9762\u306b\u3088\u308b\u540c\u610f\u3002<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u8a33\uff1a \u7fa9\u52d9\u6761\u9805\u3001\u78ba\u7d04\u6761\u9805\u3001\u8a93\u7d04\u6761\u9805 \u610f\u5473\u5408\u3044\uff1a \u5f53\u4e8b\u8005\u304c\u5951\u7d04\u671f\u9593\u4e2d\u306b\u300c\u884c\u3046\u3079\u304d\u4e8b\u9805\uff08\u30dd\u30b8\u30c6\u30a3\u30d6\u30fb\u30ab\u30d0\u30ca\u30f3\u30c8\uff09\u300d\u3084\u300c\u884c\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u4e8b\u9805\uff08\u30cd\u30ac\u30c6\u30a3\u30d6\u30fb\u30ab\u30d0\u30ca\u30f3\u30c8\uff09\u300d\u3092\u307e\u3068\u3081\u305f\u6761\u9805\u306e\u540d\u79f0\u3067\u3059\u3002 \u203b Legal Interpr [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1315","post","type-post","status-publish","format-standard","hentry","category-17"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/posts\/1315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/comments?post=1315"}],"version-history":[{"count":3,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/posts\/1315\/revisions"}],"predecessor-version":[{"id":1325,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/posts\/1315\/revisions\/1325"}],"wp:attachment":[{"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/media?parent=1315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/categories?post=1315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keiyaku-office.biz\/terms\/wp-json\/wp\/v2\/tags?post=1315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}