Other Acceptable Collateral definition

Other Acceptable Collateral means any collateral in which the lender has a perfected security interest that has a quantifiable value and is accepted by the lender in accordance with safe and sound lending practices. Other acceptable collateral should be appropriately discounted by the lender consistent with the lender’s usual practices for making loans secured by such collateral. Other acceptable collateral includes unconditional irrevocable standby letters of credit for the benefit of the lender.

Other Acceptable Collateral means any Collateral that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to the Calculation Agent in its sole discretion and with the consent of the Lender in its sole discretion (subject to Section 8.07).

Other Acceptable Collateral means any securities, instruments or property other than Shares, Cash Equivalents or Cash as to which Lenders have notified Borrower in writing in their sole discretion that such securities, instruments or property are Acceptable Collateral.

Examples of Other Acceptable Collateral in a sentence

• Other acceptable collateral should be appropriately discounted by the lender con- sistent with the lender’s usual practices for making loans secured by such collateral.

• Other acceptable collateral includes, among other items, unconditional irrevocable standby letters of credit for the benefit of the lender.O ner-occupied, when used in conjunction with the term 1- to 4-family residential prop- erty means that the owner of the underlying real property occupies at least one unit of the real property as a principal residence of the owner.Readily marketable collateral means insured deposits, financial instruments, and bullion in which the lender has a perfected interest.

• Other acceptable collateral includes, among other items, unconditional irrevocable standby letters of credit for the benefit of the lender.Owner-occupied, when used in conjunction with the term 1- to 4-family residential prop- erty means that the owner of the underlying real property occupies at least one unit of the real property as a principal residence of the owner.Readily marketable collateral means insured deposits, financial instruments, and bullion in which the lender has a perfected interest.

• Other acceptable collateral should be appropriately discounted by the lender consistent with the lender’s usual practices for making loans secured by such collateral.

• Other acceptable collateral means any collateral in which the credit union has a perfected security interest, that has a quantifiable value, and is accepted by the credit union in accordance with safe and sound lending practices.

More Definitions of Other Acceptable Collateral

Other Acceptable Collateral means any Collateral (including Shares) that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to each Lender in its sole discretion (subject to Section 9.09).

Other Acceptable Collateral means any Collateral (including Units) that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to Administrative Agent in its sole discretion.

Other Acceptable Collateral means any Collateral (including Preferred Shares and Common Shares) that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to Administrative Agent in its sole discretion.

Other Acceptable Collateral means any Collateral that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to Administrative Agent in its sole discretion (subject to Section 8.08).

Other Acceptable Collateral has the meaning specified in Section 1.4.

Other Acceptable Collateral means any Collateral (including Shares) that does not constitute Acceptable Collateral pursuant to clause (a) or (b) of the definition thereof, and is satisfactory to each Lender in their sole discretion.

Other Acceptable Collateral means any securities, instruments or property other than Shares, Cash Equivalents or Cash as to which Lenders have notified Borrower in writing in their sole discretion that such securities, instruments or property are Acceptable Collateral. 18