Secured on definition

Secured on means a legal charge or mortgage must be made on the actual capital asset.
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Examples of Secured on in a sentence

  • Creditor's Name Secured on all of Debtor's personal propertyc/o Thomas Slattery826 Orange Ave., Suite 120Coronado, CA 92118at the time the lien was filed on 11/21/16.

  • Debt secured on asset 6.015 "Secured on" means a legal charge or mortgage must be made on the actual capital asset.

  • Secured on a first priority basis by substantially all tangible and intangible assets, and the assets and stock of its present and future subsidiaries.

  • The CBF value and MSCI score both seek to measure firms’ impact on biodiversity, though—as score name suggests—MSCI mostly considers land use.

  • Senior Bonds Secured on Equal and Proportionate Basis 6 Section 2.05.

  • HSBC personal Secured on LGD1Statistical model based on estimate of loss incurred over a> 10LGD floor of 10% at portfolio levelresidential residentialmortgages mortgages2.5 recovery period derived from historical data with downturn LGDbased on the worst observed default rate.

  • Secured on pari-passu basis by way of joint equitable mortgage of fixed assets of the company alongwith personal guarantee of the chairman & managing director (CMD).

  • Secured on first pari passu charge by way of joint equitable mortage on company’s immovable properties & first charge by way of hypothecation of all movable properties of the company on pari passu basis & third charge on pari passu basis on whole of the current assets (Stock, Book Debts etc.), both present & future.

  • Secured on paripassu basis by mortgage of all immovable properties, present and future, and movable properties, including Machinery, Machinery spares, Tools and Accessories, present and future (save and except book debts), subject to prior charges created or to be created, except exclusive charge given to Axis Bank Limited for loan availed.

  • Secured on pari passu basis by mortgage of all immovable properties, present and future, and movable properties, including Machinery, Machinery spares, Tools and Accessories, present and future (save and except book debts), subject to prior charges created or to be created, except exclusive charge given to Axis bank Ltd for loan availed.

Related to Secured on

  • Secured Obligations has the meaning specified in the Security Agreement.

  • Secured Obligation means an obligation secured by a security interest;

  • U.S. Secured Obligations means, collectively, (a) the US Obligations and (b) all existing or future payment and other obligations owing by any US Credit Party under (i) any Secured Hedge Agreement with a US Hedge Bank and (ii) any Secured Cash Management Agreement with a US Cash Management Bank.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Issuer Secured Obligations means the Insurer Issuer Secured Obligations and the Trustee Issuer Secured Obligations.

  • Additional Secured Obligations means (a) all obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements and (b) all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided that Additional Secured Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.