Yeast, a cellular model. Yeast is a simple living being that functions in practically the same way as human cells. It is an historical subject of fundamental research to understand cellular and genetic phenomena. It is a representative model of all eukaryotic cells.
Covenant. An agreement, contract, or written promise between two individuals that frequently constitutes a pledge to do or refrain from doing something. The individual making the promise or agreement is known as the covenantor, and the individual to whom such promise is made is called the covenantee.
The activities of unrestricted subsidiaries are not governed by the covenants. In fact, the. covenants treat unrestricted subsidiaries as if they were unrelated third parties, and accordingly. the issuer has to evaluate every transaction with an unrestricted subsidiary for its compliance with. the covenants.