Examples of Secured Loan in a sentence
Secured Loan – For individuals with lower credit scores, usually less than 700.
The minimum market value of the stock and other portfolio securities of the Borrower required to be pledged as collateral to the Lender hereunder with respect to any Secured Loan shall be determined by the Lender in its discretion but, in all cases, will have a market value at least equal to 102% of the outstanding principal value of the loan.
Upon execution of this Amendment, the Secured Loan Agreement shall be amended in accordance herewith, and the respective rights, limitations, obligations, duties, liabilities and immunities of the parties shall hereafter be determined, exercised and enforced subject in all respects to such amendments, and the terms of this Amendment shall be a part of the Secured Loan Agreement for any and all purposes.
CD Secured Loan amounts up to balance of CD, term up to maturity date of CD.
Any assignment of or Participation Interest in or other interest in a loan that is not a Moody’s Senior Secured Loan.