Impairment of Collateral definition
Impairment of Collateral means (a) the failure to comply with Section 4.21 or (b) the Market Value of the Collateral is equal to or less than the Liquidation Threshold.
Examples of Impairment of Collateral in a sentence
Covenant Regarding Reduction, Removal or Impairment of Collateral..........................................
No Impairment of Collateral Shares .....................................................................