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When you are negotiating the borrowing contract with the bank, the bank proposes a restriction that, during the borrowing period, the annual dividend per share

When you are negotiating the borrowing contract with the bank, the bank proposes a restriction that, during the borrowing period, the annual dividend per share paid by the firm can not be higher than the earnings per share in the previous year. What is the terminology in corporate finance for this restriction? And explain why the bank proposes this restriction

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