Borrowing and Security Sample Clauses
The 'Borrowing and Security' clause defines the terms under which a party may borrow funds and the collateral or security interests that may be granted to secure such borrowings. Typically, this clause outlines the types of borrowing permitted, any limitations or conditions on incurring debt, and the assets that can be pledged as security. For example, it may restrict the borrower from granting security interests over certain key assets without the lender's consent. The core function of this clause is to protect the lender by ensuring that the borrower's ability to take on additional debt or encumber assets is controlled, thereby reducing the lender's risk exposure.
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Borrowing and Security. To borrow funds and to mortgage and pledge the assets of the Trust or any part thereof to secure obligations arising in connection with such borrowing;
Borrowing and Security. 5 (k) Guarantees, etc.............................................................................. 5 (l) Insurance.................................................................................... 5 (m) Pensions, etc................................................................................ 6
Borrowing and Security. To borrow funds or other property in the name of the Trust exclusively for Trust purposes, and in connection therewith, to issue notes or other evidence of indebtedness, and to mortgage and pledge the assets of the Trust or any part thereof to secure any or all of such indebtedness;
Borrowing and Security. To borrow funds and to mortgage and pledge the assets of the Trust or any part thereof to secure obligations arising in connection with such borrowing; . To endorse or guarantee the payment of any notes or other obligations of any person; to make contracts of guaranty or suretyship, or otherwise assume liability for payment thereof; and to mortgage and pledge the Trust property or any part thereof to secure any of or all such obligations;
Borrowing and Security. 6 (k) Guarantees, etc.......................................6 (l) Insurance.............................................6 (m) Pensions, etc.........................................7 (n) Investment in Other Investment Companies..............7
Borrowing and Security. 8 (k) Guarantees, Etc............................................8 (l) Insurance. ................................................8 (m) Vote Required, Place And Type of Meeting...................8 (n)
Borrowing and Security. 6 (k) Insurance...................................... 6 Section 2.3
Borrowing and Security. To borrow funds and to mortgage and pledge the assets of the Trust or any part thereof to secure obligations arising in connection with such borrowing;
(k) Guarantees, etc tc \l3 "
(k) Guarantees, etc . To endorse or guarantee the payment of any notes or other obligations of any person; to make contracts of guaranty or suretyship, or otherwise assume liability for payment thereof; and to mortgage and pledge the Trust property or any part thereof to secure any of or all such obligations;
(l) Insurance tc \l3 "
Borrowing and Security. 5 (k) Guarantees, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 (l) Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 (m) Pensions, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Borrowing and Security. 5 (k) Guarantees, etc.. . . . . . . . . . . . . . . . . . . 5 (l) Insurance . . . . . . . . . . . . . . . . . . . . . . 5 (m) Pensions, etc.. . . . . . . . . . . . . . . . . . . . 6