Examples of Collateral Guarantee in a sentence
No margin money should be taken for loan up to ₹ 50,000 and for higher amount loans, preferably 5% should be taken as margin money and it should in no case be more than 10% of the project cost.7.7 Collateral Guarantee on Bank Loan: No collateral guarantee is required.
Each Mortgagee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretions vested in it by this Deed, the Collateral Guarantee, the Loan Agreement, the Master Swap Agreements, the Mortgage (including the power vested in it by clause 13 of the Mortgage) or any of the other Security Documents in such manner, upon such terms, and to such persons as such Mortgagee in its absolute discretion may think fit.
The Manager hereby acknowledges that it has seen and has reviewed the Loan Agreement, the Collateral Guarantee and the other Security Documents and agrees to abide by and to observe the provisions thereof insofar as the same are applicable to it as therein provided.
Non presentation in time of any document, non payment in time of any amount due under the Collateral Guarantee, the Loan Agreement and/or the Master Swap Agreements and/or under any of the other Security Documents to the Mortgagees or any of them will be proved fully and conclusively by the mere passage of time or, alternatively, by a written certificate signed by an authorised officer of the Agent.
Each Mortgagee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretions vested in it by the Collateral Guarantee or this Mortgage (including the power vested in them by virtue of clause 13) or any of the other Security Documents in such manner, upon such terms, and to such persons as such Mortgagee in their absolute discretion may think fit.