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restrictive covenant Definition

☆ restrictive covenant

noun

a provision that restricts the action of a party to an agreement, as any covenant (unenforceable by law) seeking to prevent the sale of real estate to a member of a specified minority group

restrictive covenant Usage Examples

Converse of object

  • impose: It is increasingly common for employers to seek to impose restrictive covenants in settlement agreements.
  • contain: A PILON clause is necessary in a contract that contains restrictive covenants.
  • have: Unusually, some houses have restrictive covenants written in which prevent certain activities being carried out.

Preposition: in

  • agreement: It is increasingly common for employers to seek to impose restrictive covenants in settlement agreements.