Secured Asset definition

Secured Asset means the property on which security interest is created;

Secured Asset means any of them and any reference to one or more of the Secured Assets includes all or any part of it or each of them.

Secured Asset means any:

Examples of Secured Asset in a sentence

• After expiry of 15 days, no further notice whatsoever will be given to you and the Secured Asset will be sold accordingly.

• After expiry of 30 days, no further notice whatsoever will be given to you and the Secured Asset will be sold accordingly.

• Sir / Madam,Sub :: Sale of Secured Asset by M/s Cholamandalam Investment and Finance Company Limited under SARFAESI Act, 2002.

• After expiry of 15 days, no further notice whatsoever will be given to you and the Secured Asset will be sold accordingly.You may note that in case the Sale proceeds of such sale of the secured asset are not sufficient to cover the entire outstanding dues of the secured creditor, then you all are jointly and severally liable to pay the amount of such shortfall to the Secured Creditor.

• We have done necessary legal, technical and financial due diligence with respect to the Secured Asset and the Bid is being submitted after due consideration of relevant facts and commercial aspects and not merely based on the information provided by or representations, if any, made by Axis Bank / Authorised Officer.

More Definitions of Secured Asset

Secured Asset means any asset the subject of a Security, as specified in the Loan Agreement as property over which the Trustee has or will have security, whether Land or Goods; Secured Moneys means all moneys, including the initial unpaid balance, interest (default or otherwise), fees and charges (default or otherwise), and any other moneys that are payable by the Borrower or any Guarantor to us under the Loan Agreement, any Security or under any other agreement with us; Security means any Guarantee, every security interest and any mortgage, charge, lien or pledge granted by a Borrower or Guarantor in favour of the Trustee; Service means the peer-to-peer lending service which Lending Crowd provides through the Website; Settlement, in relation to a Loan, means:

Secured Asset means any asset which is secured to the Bank under any Security Document.

Secured Asset means each secured asset specified in the key information statement.

Secured Asset means the assets used as secured assets to secure the performance of the Payment Obligations under the Security Agreement.

Secured Asset is the asset over which the loan facility is secured.

Secured Asset mean and includes both primary security (asset which was purchased out of the funds advanced by the Lender, whether lien marked or not) and the collateral security offered for the loan with all subsequent developments, additions and improvements to it till the settlement of the loan along with insurance policies taken to protect the Lender, Xxxxxxxx’s interests whether under this Agreement or any other subsequent agreement(s).

Secured Asset means an asset or property which is the subject of security for a Secured Debt;