Collateral Registry definition

Collateral Registry means the Registry established in accordance with section eleven;

Collateral Registry or “Registry” means the system established in terms of section 4 to facilitate registration of notices of security interests in movable property and realisation of such interests in the event of a default;

Collateral Registry means the Collateral Registry established under section 18;

Examples of Collateral Registry in a sentence

• The future Collateral Registry at the CoJ can provide relevant information on the type of collateral, value of the collateral and date of notice as well as number of searches that could be offered to the CIPS through the Credit Bureaus in an efficient manner.

• CBL has established a Collateral Registry System to support access to credit, by keeping a register of all movable assets tendered as collaterals for accessing loan facilities in the financial industry.

• In addition, one of the most powerful features of Smart2Go is the ease of integration with other systems such as ERPs, CRMs, financial systems, engineering systems etc.

• Data from the Danish Collateral Registry provides information on all loans secured against property both inside and outside financial institutions.

• The registration of an initial notice, amendment notice, or cancellation notice is effective from the date and time when the information in the notice is entered in the Collateral Registry and a registration number is assigned, so that it is accessible to a person who conducts a search of the Collateral Registry records.

More Definitions of Collateral Registry

Collateral Registry means an electronic system for receiving, storing and making accessible to the public information about security rights and non-consensual rights in movable property;

Collateral Registry means the Collateral Registry established under the Movable Property (Security Interests) Act;

Collateral Registry means the Registry established by section 5;

Collateral Registry means the collateral registry established under Section 18 of the Borrowers and Xxxxxxx Xxx, 0000, and operated by the Bank of Sierra Leone.

Collateral Registry means the Collateral Registry established under Borrowers and Lenders Act, 2020 (Act 1052);

Collateral Registry means the Collateral Registry established in terms of section 4;

Collateral Registry means the registry designated by the Central Bank of Nigeria under these Regulations ;