Financial Collateral definition

Financial Collateral means any of the following that is subject to an interest or a right that secures payment or performance of an obligation in respect of a qualified financial agreement or that is subject to a title transfer credit support agreement:
Financial Collateral shall have the meaning given to that expression in the Financial Collateral Regulations.
Financial Collateral has the meaning given to that expression in the Financial Collateral Regulations. Financial Collateral Regulations: the Financial Collateral Arrangements (No 2) Regulations 2003 (SI 2003/3226).

More Definitions of Financial Collateral

Financial Collateral means cash in any currency and financial instruments.
Financial Collateral means cash, financial instruments or precious metals; “financial collateral arrangement” means a title transfer arrangement or a
Financial Collateral shall have the meaning assigned to such term in Section 6.02 hereof.
Financial Collateral means shall have the meaning given to that expression in the Financial Collateral Regulations;
Financial Collateral means cash or financial instruments ; “financial instruments” includes —
Financial Collateral has the meaning given to that term by the Regulations.
Financial Collateral means all Merchant’s monetary funds, financial instruments or credit claims and their improvements, civil legal increments, and fruits on any accounts owned by the Merchant and made available to the Service Provider and pledged to the Service Provider as security for the fulfillment of the Merchant’s obligations in accordance with the Agreement. The Financial Collateral is intended to cover possible disputed Chargebacks, Chargeback Fees, costs, losses, and other expenses incurred by the Service Provider. The percentage of the Financial Collateral is specified in the Annex to the Agreement and depends on the Merchant’s turnover value.