Examples of Secured Borrowings in a sentence
Secured Borrowings means, at any time, Borrowings the discharge of which is secured by a Security Interest.
Further, details in relation to the secured and unsecured borrowings of the Company for the previous three Fiscals, are as below:(in ₹ millions)Sr. No.* Secured Borrowings include Non-Current Borrowings and Current Borrowings of the Company as per Restated Financial Statements.
As a condition precedent to making any Loan to any Borrower or continuing any Loan made to any Borrower hereunder, (a) the Lender may require, by written notice to the Borrower or (b) the Lender shall require in the event that the Borrower's outstanding borrowings from all sources immediately after the Loan would exceed 10% of its total assets, or the Borrower has Outstanding Secured Borrowings, that the Borrower pledge stock or other securities as collateral for such Loan ("Pledge Demand").
As a condition precedent to making any Loan to any Borrower or continuing any Loan made to any Borrower hereunder, (a) the Lender may require, by written notice to the Borrower or (b) the Lender shall require in the event that the Borrower’s outstanding borrowings from all sources immediately after the Loan would exceed 10% of its total assets, or the Borrower has Outstanding Secured Borrowings, that the Borrower pledge stock or other securities as collateral for such Loan (“Pledge Demand”).
The average debt coupon rates at December 31, 2010, on a pre-FSA basis, are as follows: Secured Borrowings — 2.52%, Secured Credit and Expansion Facility — 6.25%, Secured Series A Notes— 7.00%, Secured Series B Notes — 10.25%, and Senior, Unsecured Notes — 5.60%.
Secured (a) Term Loans From Banks 4,000.00–6,000.00–(b) Repayable on Demand From banks (i) Working capital demand loans – – (ii) Cash credit –813.26–3,216.77Total Secured Borrowings 4,000.00813.266,000.003,216.77B.
Net Unsecured Borrowings means, at any time, Borrowings less: (i) cash and deposits beneficially owned by any member of the Group which are not subject to a Security Interest; (ii) Secured Borrowings; and (iii) Non-Recourse Borrowings.
The fair values of Senior and Secured Borrowings are estimated by discounting the future contractual cash flows using an estimated discount rate reflecting interest rates and credit spreads currently being offered for debt with similar terms since there is no public market for this debt.
In addition, these MBS transactions are considered Secured Borrowings (see Note 14) and result in the recogni- tion of securitization liabilities.
Secured Borrowings included in INil NilSCHEDULE - 5 OTHER LIABILITIES & PROVISIONS I.