Collateralisation Sample Clauses

Collateralisation. 23.1 Collateral may be required by the Bank as security for the Customer’s obligations pursuant to an Account, Transaction or Service. The Customer shall maintain at all times sufficient Collateral as determined by the Bank.
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Collateralisation. 14.1 This Agreement is interdependent and collateral to any Other Agreement to the end and intent that:
Collateralisation. (1) The principal banker shall be entitled to transfer to the KfW the receivables due from the ultimate borrower arising from the granting of the loan and the security provided. Even following assignment by way of security to the KfW the relevant receivables will be included under the collateral purpose agreed between the principal banker and the ultimate borrower. Collateral which is or will be provided by the ultimate borrower to the principal banker for a loan which is refinanced by the KfW serve – to the extent that a legally effective agreement on broad purpose has been made – to secure any loan receivables held by the principal banker against the ultimate borrower which have been or will be assigned to the KfW. This shall also apply if collateral is provided by a third party.
Collateralisation. (a) Each guarantee of a Debtor by a Guarantor and each security agreement provided by a Guarantor pursuant to this deed is collateral to every guarantee of a Debtor given by each Guarantor jointly and severally and every security agreement given by each Guarantor jointly and severally.
Collateralisation. It should be noted, however, that while collateralisation is a very useful means to significantly reduce counterparty risk, it cannot fully eliminate any remaining credit risks relating to the counterparty. In particular, certain risks will remain, mainly due to:
Collateralisation 

Related to Collateralisation

  • Cross-Collateralization No Mortgage Loan is cross-collateralized or cross-defaulted with any other mortgage loan that is outside the Mortgage Pool, except in the case of a Mortgage Loan that is part of a Whole Loan.

  • Cash Collateralization If any Event of Default shall occur and be continuing, on the Business Day that the Borrower receives notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, Lenders with LC Exposure representing greater than 50% of the total LC Exposure) demanding the deposit of cash collateral pursuant to this paragraph, the Borrower shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders, an amount in cash equal to the LC Exposure as of such date plus any accrued and unpaid interest thereon; provided that the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable, without demand or other notice of any kind, upon the occurrence of any Event of Default with respect to the Borrower described in clause (h) or (i) of Article VII. Such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower under this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the investment of such deposits, which investments shall be made at the option and sole discretion of the Administrative Agent and at the Borrower's risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with LC Exposure representing greater than 50% of the total LC Exposure), be applied to satisfy other obligations of the Borrower under this Agreement. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived.

  • Obligation to Cash Collateralize At any time there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

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