Secured Borrowings definition

Secured Borrowings means Financial Indebtedness which is secured by any mortgage, charge, assignment by way of security, pledge or other security interest over any of the assets of a member of the Group, provided that Secured Borrowings shall not include Financial Indebtedness of any Excluded Subsidiary.
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Secured Borrowings means the aggregate of all Borrowings by the Company or any Subsidiary on the security of any mortgage or change or other encumbrance over assets of a member of the Group.
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Secured Borrowings means Borrowings on the security of any mortgage or charge or other security over any assets of a member of the Group; and
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Examples of Secured Borrowings in a sentence

  • As a condition precedent to making any Loan to any Borrower or continuing any Loan made to any Borrower hereunder, (a) the Lender may require, by written notice to the Borrower or (b) the Lender shall require in the event that the Borrower’s outstanding borrowings from all sources immediately after the Loan would exceed 10% of its total assets, or the Borrower has Outstanding Secured Borrowings, that the Borrower pledge stock or other securities as collateral for such Loan (“Pledge Demand”).

  • Further, details in relation to the secured and unsecured borrowings of the Company for the previous three Fiscals, are as below:(in ₹ millions)Sr. No.* Secured Borrowings include Non-Current Borrowings and Current Borrowings of the Company as per Restated Financial Statements.

  • The fair values of Senior and Secured Borrowings are estimated by discounting the future contractual cash flows using an estimated discount rate reflecting interest rates and credit spreads currently being offered for debt with similar terms since there is no public market for this debt.

  • Secured (a) Term Loans From Banks 4,000.00–6,000.00–(b) Repayable on Demand From banks (i) Working capital demand loans – – (ii) Cash credit –813.26–3,216.77Total Secured Borrowings 4,000.00813.266,000.003,216.77B.

  • In accordance with the Parks, Recreation, and Open Space Master Plan, the City of Dripping Springs and ETJ are sectioned off into service areas.

  • Finance receivables from affiliates may include retail notes, wholesale notes and wholesale accounts for which fair values are estimated separately as described in the respective category.Senior and Secured Borrowings.

  • In respect of permission / consent/ no objection required to be obtained from the creditors of the Issuer for the creation of the security, the same is not required to be obtained as it is permitted under the terms of the Existing Secured Borrowings.

  • The fair values of Senior and Secured Borrowings are estimated by discounting the future contractual cash flows using an estimated discount rate reflecting interest rates and credit spreads currently being offered for debt with similar terms since there is no public market for this debt.Cash and Cash Equivalents, Wholesale Notes, Accounts (Wholesale and Retail), Restricted Cash and Cash Equivalents, and Net Accounts Due to Affiliates.

  • ParticularsAs at 31 March 17As at 31 March 16SecuredThe requisite particulars in respect of borrowings and Unsecured borrowings are as under: ParticularsAs at 31 March 17As at 31 March 16Particulars of security / guarantees / terms of repayment / default Amount ( `)Amount ( `) Secured Borrowings Loan repayable on demand from banks - Yes Bank100,000,00071,000,000Nature: Facility of Working Capital Demand Loan (WCDL) is availed.

  • In addition, these MBS transactions are considered Secured Borrowings (see Note 14) and result in the recogni- tion of securitization liabilities.


More Definitions of Secured Borrowings

Secured Borrowings means Financial Indebtedness which is secured by any mortgage, lien, charge, pledge or other form of security interest (sûreté réelle) upon any of the assets of a member of the Group, provided that Secured Borrowings shall not include Financial Indebtedness of any Excluded Subsidiary; and
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Secured Borrowings means, at any time, Borrowings the discharge of which is secured by a Security Interest.
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Secured Borrowings means such part of the Borrowings that is borrowed on the security of any mortgage or charge over property assets of a member of the Group;
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Related to Secured Borrowings

  • Borrowings means the plural thereof.

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Loans as defined in Section 2.4(a).

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Swingline Loans as defined in Section 2.6.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Credit Loans as defined in Section 2.1.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.