Examples of Secured Financial Indebtedness in a sentence
Do not alter without permission.NUMBER 3 In this illustration, 5 employees are covered by certificates issued from an association/trust, but the individual employees are paying the entire premium.
Even if steps are taken under the Security Trust and Intercreditor Deed to enforce the Obligor Security, such steps may not result in immediate realisation of the Charged Property, and a significant delay could be experienced in recovery by the Obligor Security Trustee of amounts owed on any ICL Loans and other Secured Financial Indebtedness.
There can be no assurance that the Obligor Security Trustee would recover amounts sufficient to discharge all Secured Financial Indebtedness upon enforcement of the Obligor Security and accordingly sufficient funds may not be realised or made available to make all required payments to the Issuer and, in turn, the Noteholders.
The Commercial Enterprise Pledge secures the Senior Secured Financial Indebtedness of Avea up to a maximum amount of TL 1.000.000 (equivalent to USD 646.831 as at 31 December 2010).
At 31 December 2010, the total Senior Secured Financial Indebtedness of Avea amounts to approximately TL 920.420 (2009 - TL 1.136.658; 2008 - TL 2.359.285).