GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:11 Jul 5, 2003 |
German to English translations [Non-PRO] Bus/Financial / crdeit agreement | |||||||
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| Selected response from: Maureen Holm, J.D., LL.M. United States Local time: 02:06 | ||||||
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Summary of answers provided | ||||
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4 +7 | secured claims, ok |
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4 | yes, claim or entitlements |
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secured claims, ok Explanation: See whether this works for you: If the realizable value of posted security no longer provides 110% coverage of the secured claims, failure by you to post adequate additional security upon demand shall entitle us to accelerate the loan and foreclose on the existing security. |
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