No Collateral definition

No Collateral. ’ means that the loan is not secured or the collateral secures less than 50 per cent. of the credit.
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No Collateral. ’ means that the loan is not secured or any form of collateral secures less than 50 per cent. of the credit.
Sample 1
No Collateral. Notwithstanding any other provision of the Agreement or any other agreement between the parties to the contrary, the obligations of Party A and Party B hereunder are not secured by any collateral.
Sample 1

Examples of No Collateral in a sentence

  • No Collateral Warranty will be construed in any way to modify or limit any of the rights, powers or remedies of the Commonwealth against the Contractor under the Contract or otherwise at law or in equity.

  • No Collateral may be moved to another location within the continental United States unless: (a) the Borrowers provide the Lender with at least thirty (30) days prior written notice, (b) no Event of Default then exists, and (c) the Borrowers provide the Lender with, at Borrowers’ sole cost and expense, such financing statements, landlord waivers, bailee and processor letters and other such agreements and documents as the Lender shall reasonably request.

  • No Collateral may be released without written approval of the Treasurer.

  • The Agreement is further supplemented by the following provisions: No Collateral or Setoff:Notwithstanding Section 6(f) or any other provision of the Agreement or any other agreement between the parties to the contrary, the obligations of Party B hereunder are not secured by any collateral.

  • No Collateral Warranty will be construed in any way to modify or limit any of the rights, powers or remedies of the Commonwealth or the Contractor (as the case may be) against the Contractor, the Subcontractor or the subsubcontractors (as the case may be) under the Subcontract or otherwise at law or in equity.

  • Collateral: (1) No Collateral will be charged in relation to the Notes.

  • The following is a general reference with examples: Original Repo (SETT) NEW Repo (SIZE) Roll Type New Repo Actual Settlement Qty (SETT) SETT (30MM) = SIZE (30MM) Flat (00MM) No Collateral Impact SETT (30MM) < SIZE (40MM) Over (10MM) 10MM New Collateral Delivered SETT (30MM) > SIZE (10MM) Under (20MM) 20MM Collateral Returned This scenario is dealing specifically with the collateral when the underlying repo is being renewed.

  • No Collateral Shares are required pursuant to this convertible secured note.

  • No Collateral shall be released prior to the Specified Survival Date except as otherwise expressly provided hereunder or under the Control Agreement or otherwise agreed to by Secured Party.

  • No Collateral is subject to any Lien other than Liens permitted by Section 6.14 hereof.

Related to No Collateral

  • Collateral has the meaning set forth in Section 2.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.