Examples of Collateral Provider in a sentence
It apparently outperforms SCE in a number of test cases (Tolson et al.
Borrower's ability to pay under the Borrower Facility Agreement Neither the Issuer, the Borrower nor any other party to the Programme Documents (other than upon certain circumstances, the Cash Collateral Provider and without prejudice to the Collateral Security granted by the Collateral Providers) guarantees or warrants the full and timely payment by the Borrower of any sums of principal or interest payable under the Borrower Advances, being part of the Issuer assets.
A valid security interest will attach when the future property is acquired by the Security Collateral Provider and delivered to the Secured Party.
If the Secured Party incurs any expenses in safe-keeping the collateral, the Secured Party is entitled to reimbursement from the Security Collateral Provider.
For example, if under the relevant law (i.e., the law that governs the relationship between the custodian and the Security Collateral Provider), the Security Collateral Provider’s interest in the securities is considered a contractual claim against the custodian, then pursuant to the Private International Law, the law that governs such claim would be the governing law for the security interest in such securities.