Well secured definition

Well secured means the loan is collateralized by: (1) A perfected security interest in, or pledges of, real or personal property, including securities with an estimable value, less cost to sell, sufficient to recover the recorded investment in the loan, as well as a reasonable return on that amount, or (2) by the guarantee of a financially responsible party.
Well secured. ’ means the loan is collateralized by: (1) A perfected security in- terest in, or pledges of, real or personal prop- erty, including securities with an estimable value, less cost to sell, sufficient to recover the recorded investment in the loan, as well as a reasonable return on that amount, or (2)
Well secured. – means that a loan or advance is secured by:

Examples of Well secured in a sentence

  • Well secured timber baulks or similar adequate protection shall be provided on the carriageway side of the platform to protect the walkway.

  • Well secured means that a credit facility has sufficient collateral to cover both principal and interest.

  • Since the beginning of 2022, both wells have exhibited more stability in line with historical averages.

  • Since the DSS asks pertinent questions, particular determining factors are realised for the decision path which affects the options for selection.It has been proposed for the chart to be used from a conceptual design through to an operational phase, in order to initiate improved integration of SuDS into a development.

  • The Corporation and the Subsidiaries will take all actions necessary to immediately suspend operations on the Sub-Thrust Test Well so that operations with respect thereto will be fully suspended and the Sub-Thrust Test Well secured on or before November 10, 2002.


More Definitions of Well secured

Well secured means a credit facility that has sufficient collateral to protect the institution from loss of principal and interest through its timely disposition under a forced liquidation program and such collateral consists of—
Well secured. ’ means the loan is
Well secured means a debt that is secured by:
Well secured means the loan is collateralized by:
Well secured means that a loan or advance is secured by cash collateral or cash- substitutes sufficient to repay the full debt (principal plus accrued interest); for purposes of these directives, sufficiency shall include proper legal documentation evidencing the bank’s claim on the collateral.
Well secured. – means that a loan is secured by:
Well secured means that a loan is secured by collateral whose realizable value is sufficient to pay principal and accrued interest in full; or by the guaranty of a financially responsible party. “In process of collection” means that collection is proceeding through legal action, including judgement enforcement procedures; or, other collection efforts that are reasonably expected to result in the repayment of the debt or restoration of the loan to current status in the near future.