covenant

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cov|enant /k'ʌvənənt/ (covenants)
1 [N-COUNT]
A covenant is a formal written agreement between two or more people or groups of people which is recognized in law.
...the International Covenant on Civil and Political Rights.
2 [N-COUNT] also by N
A covenant is a formal written promise to pay a sum of money each year for a fixed period, especially to a charity. (mainly BRIT; in AM, usually use pledge)
If you make regular gifts through a covenant we can reclaim the income tax which you have already paid on this money.

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