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A company has made all required payments on its revolving credit facility but its debt...

A company has made all required payments on its revolving credit facility but its debt to tangible net worth ratio violates the facility’s covenant. What has occurred?

A.

Cross default

B.

Transaction default

C.

Technical default

D.

Payment default

AFP CTP Summary

  • Vendor: AFP
  • Product: CTP
  • Update on: Oct 21, 2025
  • Questions: 1076
Price: $52.5  $149.99
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