________ in the loan documents typically require the borrower to maintain its corporate existence,pay taxes,maintain insurance,and comply with applicable laws.

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Affirmative covenants are promises made by the borrower to do certain things. Maintaining corporate existence, paying taxes, maintaining insurance, and complying with applicable laws are all examples of affirmative covenants commonly found in loan agreements. Negative covenants, on the other hand, are promises made by the borrower not to do certain things. Security agreements and security interests are legal documents that create a security interest in collateral to secure a loan.

________ in the Loan Documents Typically Require the Borrower to Maintain