"Additional collateral" refers to an extra form of security or assets that are pledged to a lender to secure a loan, in addition to the original collateral. It is used to provide additional assurance to the lender if the primary collateral is not enough to cover the loan amount in case of default.
Full definition
In the case of default by the project operator, the lenders may take control over the collection of revenue, or may seize the assets specifically pledged or others pledged
as additional collateral.
The thing that very few realize is that tax troubles may be the catalyst
for additional collateral damage that often follows in the aftermath.
Most lending institutions will not approve an application of someone who owes more than the car's worth unless some kind
of additional collateral is offered.
Our process begins with an initial consultation to determine goals, targets and set a strategy, while also
outlining additional collateral your specific job search will require.
In a show of confidence in the opportunity, in addition to the development site, the borrower contributed other properties
as additional collateral.
Secondly, if the collateral drops in value by too much, the investor borrowing the shares may be forced to
add additional collateral or cover the short early.
This may arise in the case of adverse market conditions that may result in a call for
additional collateral from trading counterparties or exchanges, or a need for large payouts or withdrawals.
The banks have
sought additional collateral from promoters of these exchanges on borrowings and have capped cash withdrawals from the few operational a / cs.
This true - ing up occurs by the «loss» party
providing additional collateral; so if the buyer of the contract incurs a drop in value, the shortfall or variation margin would typically be shored up by the investor wiring or depositing additional cash in the brokerage account.
Fact is, though, that formally or informally such abuse or at minimum neglect would be hard to prevent... It seems to me that the Deuteronomy passage is clearly trying to prevent
additional collateral damage.
Additional collateral needs to meet regulatory requirements; risk - off trading and economic uncertainty in emerging market countries such as Turkey have temporarily kept rates lower than the start of the year.
When AIG could not
post additional collateral and was required to provide funds to counterparties in the face of deteriorating reference obligations, the U.S. government bailed them out.
Often additional collateral sessions are held with the other family members to provide holistic support and to allow the therapist to gain a deeper understanding of what is happening for the child.
The banks have
sought additional collateral from promoters of these exchanges on borrowings and have capped cash withdrawals from the few operational a / cs.
The loan - to - value ratio usually can not exceed 50 percent; if the appraisal indicates that the value of the art has declined, then the borrower may have to repay a portion of the loan, reduce the size of a revolving credit facility, or
pledge additional collateral to the lender.
«Currently, approximately 70 % of the loan originations are home - only [chattel] loans and the remaining 30 % have land
as additional collateral.
The equipment that you purchase works as collateral for your loan, which means that you won't usually have to put up
additional collateral.
The availability and terms of financing will depend on factors like the availability of financing generally, your credit worthiness, your relationship with local banks, your experience in the fitness industry, and
any additional collateral you may offer to a lender to secure the loan.
Additional collateral may be required dependent upon the strength of the borrower.
In the case where the borrower did not provide
the additional collateral, the smart contract will issue an automatic liquidation contact.
Funds to complete $ 26,000,000 purchase;
additional collateral was purchased for $ 62,000,000 in January 2017 (27 % combined loan - to - cost)
• Coming up with
additional collateral for your loan.
Purchase & rehab blanket loans considered with income - producing properties as
additional collateral.