With the Lenders agreement, a Borrower may be allowed to rectify a Covenant Breach. The breaches it would typically apply to are Interest Service Cover and Loan to Value, and the Borrower can either top up the Interest Service Cover account or reduce the Loan amount to reduce the LTV. The number of times this can occur within a Loan Term would normally be capped; e.g. 4 x times in 5 years.