Hand axe. The first published picture of a hand axe, drawn by John Frere in the year 1800. A hand axe is a prehistoric stone tool with two faces that is the longest-used tool in human history. It is usually made from flint or chert.
covenant(Noun) An agreement to do or not do a particular thing. covenant(Noun) A promise, incidental to a deed or contract, either express or implied. covenant(Noun) A pact or binding agreement between two or more parties. covenant(Noun) An incidental clause in an agreement.
Definition of Protective covenant. A part of the indenture or loan agreement that limits certain actions a company takes. during the term of the loan to protect the lender's interests. Restriction on a firm to protect bondholders. A bond covenant that specifies certain actions the firm must take. A contractual provision in a bond indenture. A positive covenant requires certain actions, and. a negative covenant limits certain actions.