A Financial Covenant, the breach of which is an Event of Default.
Global Definitions Database
Default Covenant
Source: INREV | Date: 26 February 2020 | ID: D0637 | Version: 3
The INREV Annual Fund Index delivered a total return of 2.73% in comparison to -4.50% in 2023.
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A Financial Covenant, the breach of which is an Event of Default.