Assertion: negative pledge | /r/AtLocation | security documents
Facets:
value: often
type: TEMPORAL
Source sentences:
text: Negative pledges often appear in security documents, where they operate to prohibit the person who is granting the security interest from creating any other security interests over the same property, which might compete with (or rank pari passu with) the security of the first secured creditor under the security document in which the negative pledge appears.