Well secured means the loan is collateralized by: (1) A perfected security interest in, or pledges of, real or personal property, including securities with an estimable value, less cost to sell, sufficient to recover the recorded investment in the loan, as well as a reasonable return on that amount, or (2) by the guarantee of a financially responsible party.
Well secured. ’ means the loan is collateralized by: (1) A perfected security in- terest in, or pledges of, real or personal prop- erty, including securities with an estimable value, less cost to sell, sufficient to recover the recorded investment in the loan, as well as a reasonable return on that amount, or (2)
Well secured. – means that a loan or advance is secured by:
Examples of Well secured in a sentence
Well secured is defined as collateral with sufficient market value to repay principal and all accrued interest.
Well secured timber baulks or similar adequate protection shall be provided on the carriageway side of the platform to protect the walkway.
Well secured impact protection or similar adequate protection shall be provided on the carriageway side of the platform to protect the walkway.
The significance of each impact is given as follows: profound, significant, moderate, slight or imperceptible: • Profound - Applies where mitigation would be unlikely to remove adverse effects.
The trial court explained: When MAX Well secured the agreement with Collateral, it gained a significant benefit.
More Definitions of Well secured
Well secured means a credit facility that has sufficient collateral to protect the institution from loss of principal and interest through its timely disposition under a forced liquidation program and such collateral consists of—
Well secured means the loan is collateralized by:
Well secured. ’ means the loan is
Well secured means a debt that is secured by:
Well secured means that a loan or advance is secured by cash collateral or cash- substitutes sufficient to repay the full debt (principal plus accrued interest); for purposes of these directives, sufficiency shall include proper legal documentation evidencing the bank’s claim on the collateral.
Well secured. – means that a loan is secured by:
Well secured means the loan is collateralized by: (1) A perfected security interest in, or pledges of, real or personal property, including securities with an estimable value, less cost to