Explain lockout provisions and yield-maintenance agreements. Does the inclusion of one or both of these provisions affect

Question:

Explain lockout provisions and yield-maintenance agreements. Does the inclusion of one or both of these provisions affect the borrower’s cost of debt financing? Explain.

Cost Of Debt
The cost of debt is the effective interest rate a company pays on its debts. It’s the cost of debt, such as bonds and loans, among others. The cost of debt often refers to before-tax cost of debt, which is the company's cost of debt before taking...