Secured Loan definition
Secured Loan has the meaning specified in Section 2(e) hereof.
Secured Loan means a financial obligation secured by a chattel mortgage, security agreement, or other instrument creating a lien on an interest in depreciable property.
Secured Loan means an agreement, irrespective of its form but not including an instalment agreement, in terms of which a person—
Examples of Secured Loan in a sentence
The minimum market value of the stock and other portfolio securities of the Borrower required to be pledged as collateral to the Lender hereunder with respect to any Secured Loan shall be determined by the Lender in its discretion but, in all cases, will have a market value at least equal to 102% of the outstanding principal value of the loan.
More Definitions of Secured Loan
Secured Loan is defined in Section 2.1.
Secured Loan means and includes: (i) any indebtedness secured by a Mortgage encumbering the Hotel or all or any part of TRS’s interest therein; and (ii) all amendments, modifications, supplements, and extensions of any such Mortgage.
Secured Loan means a financial obligation
Secured Loan means any loan made by the Secured Party to Landlord secured by a mortgage or collateral assignment against the Cypress Permit or Leased Property, in whole or in part, from time to time as said Secured Loan is amended, extended, renewed, supplemented and/or replaced from time to time.
Secured Loan means that certain loan pursuant to the MCA Security Agreement, as amended, that provided for multiple secured notes issued by the Secured Parties, as set forth in paragraphs 19 and 20 of the First Day Declaration.
Secured Loan means a loan that is secured by a mortgage, charge, assignment, pledge, lien, or other encumbrance in or over any asset or property, but shall not include unsecured guarantees by third parties;
Secured Loan means a loan held by a Secured Lender which is Secured by a Property.