Loan Security definition

Loan Security means the mechanism by which the RECIPIENT pledges to repay the loan. “Loan Term” means the repayment period of the loan.
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Loan Security means the mechanism by which the RECIPIENT pledges to repay the loan.
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Loan Security means all assets now or from time to time hereafter encumbered or subjected to a security interest or charge (or intended or required so to be pursuant to this Agreement or any other Loan Agreement) to secure the payment or performance of any of the Loan Obligations, including without limitation the assets described or referred to in Sections 6.1 and 6.2 hereof.
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Examples of Loan Security in a sentence

  • If the Advisor or any of its Affiliates provide a substantial amount of services (as determined by the Independent Directors) in connection with a Sale (except for the Sale of any Securities that are traded on a national securities exchange), the Advisor or such Affiliate shall receive a Disposition Fee of 1.0% of the Contract Sales Price of each Loan, Security or Property sold.

  • You shall not be required to marshal the Loan Security or any Guarantee of the Loan Obligations or to resort to the Loan Security or any such Guarantee in any particular order and all of your rights hereunder and under all other Loan Agreements shall be cumulative.

  • You shall not be required to make any demand upon or pursue or exhaust any of your rights with respect to the payment of the Loan Obligations, or to pursue or exhaust any of your rights or remedies with respect to any of the Loan Security therefor, or any direct or indirect Guarantee thereof.

  • All proceeds (including insurance proceeds) and products of the items of Loan Security described in Sections 6.1.1 through Section 6.1.5 hereof.

  • Any item of the Loan Security may be sold for cash or other value in any number of lots at public or private sale without demand, advertisement or notice (except only that you shall give the Company ten (10) days' prior written notice of the time and place of any public sale, or the time after which a private sale may be made, which notice the Company and you hereby agree to be reasonable).


More Definitions of Loan Security

Loan Security means a security held solely for the purposes of a moneylending agreement;
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Loan Security. Section 6.1. "Management Agreement" Section 7.13. "Maximum Amount of Credit" Section 2.1.1. "Maximum Leverage Ratio" Section 7.10.1. "Offshore Rate" Section 3.3.1. "Partnership Agreement" Section 7.13. "Payment Date" Section 3.1. "Permitted Liens" Section 7.7. "Plan Assets" Section 7.16. "Pledged Indebtedness" Section 6.1.4.(c) "Pledged Rights" Section 6.1.4.(b) "Pledged Securities" Section 6.1.4.(c) "Pledged Stock" Section 6.1.4.(a) "Secured Obligations" Section 6.1 "Swap Contracts"
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Loan Security means all accepted letters of offer, loan agreements, promissory notes, debentures, mortgages, hypothecations, pledges, assignments and security agreements of any kind which the Bank may hold at any time as security for the payment of the Principal Sum and all agreements amending, extending or renewing those security instruments. The Guarantor has read all of the Loan Security held by the Bank as of the date of this Guarantee.
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Loan Security. All loans will be secured by a UCC-1 filing, and otherwise these loans will be treated as unsecured loans from an underwriting perspective. Loan Repayment: Repayment will be expected to come from the borrower’s monthly income. Borrowers will be fully obligated to repay the credit via the promissory note and any associated filing to perfect the Bank’s interests. Underwriting Criteria: See Schedule 1, [ ] Bank’s Loan Criteria. Loan Origination Procedures & Schedule:
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Loan Security. The Shares of Lutu International were offered as security of the Outstanding Loan to secure repayment. Able Lead is not allowed to transfer the beneficial ownership of the shares of Lutu International it owns to other persons;
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Loan Security. As set forth in the Commitment, Bank has agreed to make a term loan to Borrower in the principal face amount of Six Million Five Hundred Thousand and No/100 Dollars ($6,500,000.00). The obligation to repay the Loan is evidenced by the Note having a maturity date, repayment terms and interest rate as set forth in the Note. The Loan shall be used by Borrower to acquire the Equipment and to reimburse Borrower for advances and additional deposits paid to Unisys. The Loan shall be secured by the Collateral described in the Security Agreement including, without limitation, the Equipment, the Termination Fee and the Service Payments, whether such Termination Fee and Service Payments constitute Accounts or General Intangibles.
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Loan Security means mortgage, bond, debenture or covenant.
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