Furthermore, the court's usual methods
of securing assets, such as issuing injunctions, can be difficult to administer with cryptocurrencies.
In a recent judgment the High Court determined that the bank was in breach of the requirement not to withhold its consent unreasonably to the release
of a secured asset from its security package for the purposes of sale.
Earlier this year we wrote about a recent case in which a bank failed to act reasonably when withholding its consent to the release
of a secured asset.
Not exact matches
WHEN Tasmanian forestry products heavyweight Gunns missed out on
securing the
assets of defunct agribusiness company Timbercorp, those vying for
assets of another failed timber company knew they were in trouble.
The finance minister
of Saudi Arabia has sought to reassure investors that the kingdom is a
secure place to invest following a crackdown on corruption in the country that saw individuals imprisoned and
assets handed over to the government.
The Crypto Company's runup came amid an explosion in investor interest in cryptocurrencies such as bitcoin, which promise to allow
secure digital transfer
of assets and value.
Remember though, if you default on a
secured loan then the
assets or
asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out
of business, so there is some element
of risk to consider with
asset - based financing.
If you have any valuable
assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some
of these at market value to generate quick cash, or use them as collateral in obtaining a
secured loan.
In addition to the difficulty that many potential business owners face in accessing capital, aboriginal people have unique challenges to
securing financing including legislation prohibiting the use
of on - reserve
assets as collateral, lack
of local financial institutions to work with, and lack
of access to angel investment or venture capital.
«The banks have no interest in financing small business unless they are 100 %
secured on company
assets, personal insurance and guarantees,» said a Bank
of Montreal client based in Saint - Laurent, Quebec.
This act
of securing and protecting your
assets and important life documents in one place can help you to live your life to the fullest without worrying about what would happen to your loved ones, if something were to happen to you.
Estate Assist is a life planning and identity theft product that includes the
secure storage
of important personal, financial and digital
assets.
Gold company Evolution Mining has finalised its purchase
of La Mancha Resources» Australian
assets and
secured $ 100 million in financial firepower to continue its growth opportunities.
It makes it easier to manage and
secure the
assets in an institution and also increases the integrity
of the data for third parties that might want to verify.
Caspersen falsely told investors that their investment would be
secured by the $ 900 million
of assets of Irving Place Capital Partners III SPV.
CASPERSEN obtained recent quarterly and annual reports for the Legitimate Funds, and sent such reports to prospective investors to induce them into believing that their investments would be
secured by the
assets of the Legitimate Funds, when in fact they were not.
«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number
of friends; the investment was a credit facility
secured by a portfolio
of assets owned by one
of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one
of the Fake Fund Accounts.
Bringing the security benefits
of blockchain to real world
assets, like real estate properties and small businesses, TrustToken is accelerating a future vision
of the world that is more fair and more
secure.
«As part
of our efforts, we set up the Monex Cryptocurrency Lab in January this year, and have also been considering the
secure and socially responsible cryptocurrency (crypto -
assets) business,» it said.
«While
asset monetizations enhance our liquidity, sales
of producing natural gas and oil properties adversely affect the amount
of cash flow we generate and reduce the amount and value
of collateral available to
secure our obligations, both
of which are exacerbated by low natural gas prices..
The bank sought to fill the gap with a $ 200,000 SBA loan, something Wald wanted to avoid at all costs, recalling the consequences
of the $ 30,000 SBA loan he'd received in 1996 (and since paid off): NetForce had trouble
securing the kind
of financing it needed because the SBA had taken a blanket lien on all the company's
assets.
SBA loans are
secured by both business and personal
assets until the recovery value equals the amount
of the loan.
Cost
of capital: This is the true cost
of securing the funds that the business uses to pay for its
asset base.
No business can be fully
secure unless it is taking ample steps to protect the digital
assets of its leadership.
A company might decide to sell some
of its
assets in order to raise the short - term finance they need or they may use their
assets as collateral to access
secured loans that might ease cash flow concerns or help them make other important investments.
Merrill, Lynch, Pierce, Fenner & Smith Incorporated, an affiliate
of Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, are Joint Lead Arrangers, Joint Bookrunners, and / or Co-Syndication Agents for the Senior
Secured Asset - Based Revolving Credit Facility.
Affiliates
of each
of the Underwriters are lenders under the Senior
Secured Asset - Based Revolving Credit Facility.
There is no scheduled amortization under the
Asset - Based Revolving Credit Facility; the principal amount
of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date
of the Senior
Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
Second, the fact that bitcoin is not backed by
secure assets is also a question
of design.
Wells Fargo Bank National Association, an affiliate
of Wells Fargo Securities, LLC, is Co-Collateral Agent for the Senior
Secured Asset - Based Revolving Credit Facility.
The company wants to
secure producing
assets abroad as it juggles depleting mines and heightened environmental scrutiny at home with growing demand in the world's biggest buyer
of the metal.
Implementing a retention
of critical knowledge programme will help SGN
secure its knowledge
assets
Rather than relying on personal
assets such as a car, boat or home to
secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line
of credit.
Banks generally underwrite loans based upon the value
of specific
assets and attach liens to those specific
assets to
secure a small business loan.
Rollovers would be administratively expensive and would defeat the goal
of connecting workers» long term savings to longer - term
assets — a necessary condition for guaranteeing
secure and adequate returns.
These funds are typically composed
of investment grade bonds issued by governments and corporations or
secured by
assets such as home mortgages.
«When tied to virtual currencies, this technology aims to serve as a new store
of value, facilitate
secure payments, enable
asset transfers, and power new applications.»
The bank is said to be in the early stages
of setup, which means hiring and figuring out the logistics, including how the bank will hold the
assets and keep them
secure.
They did this through
secured funding options in various channels for purchase
of assets by qualified investors.
Many lenders today don't require specific forms or types
of collateral, but will rather apply a general lien on business
assets and a personal guarantee to
secure the loan — making it possible for many businesses without specific types
of collateral to qualify.
The
assets of our clients and shareholders are
secure in terms
of custody, and remain defensive in their exposure to market risk.
Lenders take collateral in the form
of business or personal
assets to
secure the loan.
We've also been investing in de-risked greenfield projects where all key permits and contracts have been
secured but where we can earn a return premium for investing at an earlier stage in the life - cycle
of the
asset.
After seeking the guidance
of a qualified attorney who is knowledgeable about relevant state laws to dividing
assets, you can
secure a comfortable retirement nest egg by working with a divorce financial planner to assess your retirement planning options and build a sound foundation for your late - in - life finances.
MEGAFLASH is a Counterparty
asset in very limited quantity (only 300,000 coins),
secured by the Bitcoin blockchain that is used to acquire larger quantities
of FLASH.
When you are approved for
secured financing, a lender will file a UCC - 1 financing statement with the secretary
of state (SOS), creating a lien against the
asset (s) in particular (unless the lender files a blanket lien naming all
assets) that's being used by the borrower to
secure the financing.
1
Secured Business Line
of Credit — This type
of LOC requires the business to pledge specific
assets as collateral to
secure the line.
In addition, once a
secured debt obligation is paid off, you should request immediately that the lender terminate the lien on said
asset (s) through the filing
of a UCC - 3 form.
The loan is
secured by a charge over the book debts and other
assets of the company.
12) To better
secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal
assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour
of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.