covenantcov·e·nant /ˈkʌvənənt/ noun [countableC, uncountableU]LAW a formal written agreement to do something or not to do something, or to pay an amount of moneyWe are tied by a covenant which prohibits the stadium from being put to any other use.
The covenant to pay the rent on the due date is absolutely fundamental.
Under this ruling, the landlord would not have a claim against the tenant for breach of covenant (=breaking the agreement).
→ see also deed of covenant → restrictive covenant —covenant verb [intransitiveI, transitiveT]All the agency’s profits are covenanted to third world charities.