Security Loan definition
Examples of Security Loan in a sentence
Any Real Property, Real Estate Related Security, Loan, Permitted Investment or other investment (other than investments in bank accounts or money market funds) owned by the Company, directly or indirectly through one or more of its Joint Ventures or Subsidiaries, and any other investment made by the Company, directly or indirectly through one or more of its Joint Ventures or Subsidiaries.
The Custodian will terminate all loans from the Funds’ Accounts in accordance with the Security Loan Agreement in time for lent securities to be returned to the Funds prior to the effective date of any such termination.
The Custodian will terminate all loans from the Funds' Accounts in accordance with the Security Loan Agreement in time for lent securities to be returned to the Funds prior to the effective date of any such termination.
Security Loan -------------------------------- A loan may be terminated by the Custodian or the Borrower at any time pursuant to the Securities Loan Agreement covering the loan.
The Security Loan shall be used by the Partnership as collateral for the Imperial Bank credit facility to be entered into by the Partnership contemporaneously herewith.
The amount of the First Security Loan Loss Reserve and the amount and identification of its outstanding loans, including overdrafts and unfunded commitments as of the Closing shall be confirmed by a writing signed at Closing by the Holding Company and ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ as agent for the Stockholders.
Distributions" means any cash or property distributed to Partners arising from their interests in the Partnership, other than payments to Partners for services or as repayment of loans, including, but not limited to, "Shortfall Loans" (as defined in Section 5.1(b)(ii) and the "Security Loan" (as defined in Section 5.1(c)).
Upon execution of this Agreement, XIT shall loan to the Partnership an amount not to exceed Seven Hundred Fifty Thousand Dollars ($750,000) (the "Security Loan").
Including- IT, Digital Banking, Project Management & Procurement, Support Services, Enterprise Analytics/Data Warehouse, Foundation, Information Security, Loan Servicing, Deposit Operations, Cash Management, FX, Administrative Services, Facilities, Enterprise Risk Management, Compliance, Internal Audit, Security, Banking Operations, SBA Lending and the Payroll Verticals business line.
Upon dissolution, the business of the Partnership shall be wound up by the Managing Partner, the assets shall be liquidated, and the proceeds applied to (i) payment of the Partnership debts, including expenses of the liquidation, (ii) repayment of Shortfall Loans, then the Security Loan, and then all other loans from Partners, and (iii) deposit in a trust account of a reasonable reserve for payment of contingent liabilities and expenses.