Elder Marion G. Romney taught,

“A covenant is a binding and solemn agreement between two or more parties. From the beginning God’s people have been a covenant people.

“No man who comprehends, believes and lives according to the gospel covenants will be inactive in the Church. When one understands the gospel of Jesus Christ–which is the Lord’s new and everlasting covenant–and realizes that he himself accepted it in the spirit world, fought for it in the war in heaven, and entered mortality pursuant to the Lord’s promise that if he here proves faithful he shall inherit eternal life–anyone who understands that has the needed background to understand the covenants entered into here in mortality.” 

Marion G. Romney, CR, Oct. l975, p. 109