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 provisions made in this section shall not apply to the Shares in Collective Holdings kept in the Collateral Registry Account currently or in the future booked to internal inventory ac- counts as their treatment shall exclusively be determined in accordance with Clause3.4.13.

• The eight features of the index cover three aspects of the movable collateral law: Collateral Creation, Collateral Registry, and Collateral Enforcement.

• Following Calomiris, Larrain, Liberti and Sturgess (2017), we build three indicators that reflect the strength of movable collateral law: Collateral Creation, Collateral Registry, and Collateral Enforcement.

• Collateral Registry and Collateral Enforcement are equal to one if the sixth and seventh components are equal to one, and zero otherwise.

• Similarly, a unified and electronic Collateral Registry will also help banks and other financial service providers to search for collaterals that have been pledged as security.

More Definitions of Collateral Registry

Collateral Registry means the Registry established by section 5;

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 Borrowers and Lenders Act, 2020 (Act 1052);

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

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 the Movable Property (Security Interests) Act;

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