the Borrower's obligations under the loan agreement

См. также в других словарях:

• OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …   Encyclopedia of Judaism

• secured obligations — USA Defined term typically used in the security agreement to describe the obligations secured by the security interest in the collateral. Typically, the borrower s secured obligations consist of its obligations to pay all amounts when due and… …   Law dictionary

• payoff letter — USA Letter agreement between a lender and a borrower providing that on satisfaction of certain conditions (usually payment of a specified amount on a specified date), the lender releases the borrower and any supporting guarantors from their… …   Law dictionary

• default — de·fault /di fȯlt, dē ˌfȯlt/ n [Anglo French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de , intensive prefix + faillir to fail] 1: failure to do something required by duty (as under a… …   Law dictionary

• Debt — For other uses, see Debt (disambiguation). Personal finance Credit and debt Pawnbroker Student loan Employment contract …   Wikipedia

• business finance — Raising and managing of funds by business organizations. Such activities are usually the concern of senior managers, who must use financial forecasting to develop a long term plan for the firm. Shorter term budgets are then devised to meet the… …   Universalium

• security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

• collateral documents — USA Also known as security documents. The loan documents in a secured loan transaction which secure the borrower s obligations to the lender under the loan agreement. Collateral documents include any documents granting a security interest in… …   Law dictionary

• security documents — USA Also known as collateral documents. The loan documents in a secured loan transaction which secure the borrower s obligations to the lender under the loan agreement. Collateral documents include any documents granting a security interest in… …   Law dictionary

• Joint and several liability — Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be:* jointly liable, or * severally liable, or * jointly and severally liable.Joint liabilityIf parties have joint liability,… …   Wikipedia

• material adverse effect — (MAE) USA This term has a number of meanings. In the context of: • Finance. A term of art used as a threshold to measure the effect of some event. The language may vary slightly, but a typical definition is: a material adverse effect on (a) the… …   Law dictionary