Collateral Instruments definition
Examples of Collateral Instruments in a sentence
The Guarantor waives any right to require proceedings against the Client or to require the filing of any claim against the Client with a court or receiver to realise or enforce security or guarantee in respect of the Guaranteed Liabilities or Collateral Instruments, prior to enforcement of this Guarantee.
Projects that fall under the Buildings category would be: administration buildings, libraries, museums, treatment plants, civic centers, and public swimming pools.
Following the Commitment Expiry Date, no additional Advances or Collateral Instruments may be requested by the Borrower and the Total Outstandings and any Total Outstanding Reimbursement Obligations as at the Commitment Expiry Date shall be repaid in accordance with the provisions of Clause 4.3 hereof and cash collateral shall be provided to the Agent for the account of the Issuing Bank in an amount equal to the Maximum Collateral Instrument Drawings.
The audit made a number of recommendations around the processes including for a transparent mobility system to enable candidates to obtain a greater range of experience and skills.
Without limitation of the foregoing, Borrower irrevocably authorizes Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements deemed reasonably necessary by Lender to establish or maintain the validity, perfection and priority of the security interests granted in the Collateral Instruments, and Borrower ratifies any such filings made by Lender prior to the date hereof.