LOANS AND COLLATERAL Clause Samples
The "Loans and Collateral" clause defines the terms under which a borrower receives funds from a lender and specifies the assets pledged as security for the loan. It typically outlines the types of acceptable collateral, the process for valuing and maintaining collateral, and the lender's rights in the event of default. By clearly establishing the obligations of both parties and the recourse available to the lender, this clause helps manage credit risk and ensures that the lender has a means of recovering funds if the borrower fails to repay the loan.
LOANS AND COLLATERAL. This section applies only to margin, Capital Access Accounts, or if there is a deficit in your account.
LOANS AND COLLATERAL. 3 2.1 Loans...........................................................................................3 2.2 Interest........................................................................................4 2.3 Fees............................................................................................6 2.4
LOANS AND COLLATERAL. Loans...................................................... 12 (A)(1) Term Loan A....................................... 12 (A)(2) Term Loan B....................................... 13 (B) Revolving Loan................... ............ 14 (C) Eligible Collateral................... ......... 15 (D) Borrowing Mechanics............................... 17 (E)
LOANS AND COLLATERAL. 12 2.1 Loans ...................................................................... 12 (A) Revolving Loan ....................................................... 12 (1) Maximum Revolving Loan Amount .................................. 12 (2)
LOANS AND COLLATERAL. 20 2.1 Loans. . . . . . . . . . . . . . . . . . . . . . . . . . 20 (A) Revolving Loan . . . . . . . . . . . . . . . . 20 (B) Swingline Loan . . . . . . . . . . . . . . . . 20 (C)
LOANS AND COLLATERAL. 2.1 LOANS....
LOANS AND COLLATERAL. 2.1 Loans 16 (A) Revolving Loan 16 (B) Eligible Accounts and Inventory 17 (C) Borrowing Mechanics 20 (D) Note 21 (E) Evidence of Revolving Loan Obligations 21 (F) Letters of Credit 21 (1) Maximum Amount 21 (2) Reimbursement 21 (3) Conditions of Issuance 22
LOANS AND COLLATERAL. 2.1 LOANS 2.2 INTEREST 2.3 FEES 2.4 PAYMENTS AND PREPAYMENTS 2.5 APPLICATION OF PREPAYMENT PROCEEDS 2.6 TERM OF THIS AGREEMENT
LOANS AND COLLATERAL. 2.1 Loans -----
LOANS AND COLLATERAL. 13 2.1 Loans................................................................................13 (A) Revolving Loan..............................................................13 (B) Borrowing Mechanics.........................................................14 (C) Revolving Notes.............................................................14 (D) Evidence of Revolving Loan Obligations......................................14 2.2 Interest.............................................................................14 (A) Rate of Interest............................................................14 (B) Computation and Payment of Interest.........................................15 (C)