As a result, no SEC regulation precludes McClendon from using his well plan stake as loan collateral.
FORBES: Chesapeake Energy: CEO McClendon Serves Himself First
The previously undisclosed debt meant the Credit Suisse funds no longer had an exclusive claim on their loan collateral.
It means the collateral for the loan, the house, is worth lending against.
More recently, in 1991, India applied its gold as collateral for a loan with the Bank of Japan and others.
FORBES: End The Euro Zone Crisis Now: Let PIIGS Borrow Against Their Gold
Another example is an item like loan collateral, which is included in team expenses by some schools but omitted by others.
FORBES: College Football's Most Valuable Teams: Texas Longhorns On Top, Notre Dame Falls
As Microsoft shares tumbled in the tech crash, Lewis had to sell stock to meet Merrill's margin calls, demands for more loan collateral.
Son's bankers declined to comment, but Son insists MAC is under no pressure to raise collateral or speed loan repayments, as some investors fear.
The most effective national asset-management companies everywhere have powers to bypass the courts when foreclosing on property assets, the most common form of loan collateral in Asia.
The ruling released Tuesday follows a similar decision by the Fourth Circuit and gives borrowers another tactic for delaying lenders that want to seize the collateral backing their loan.
FORBES: Court Decision Gives Lenders A Headache, Borrowers An Ace In The Hole
Yeltsin pledged some of the most lucrative state companies, such as Yukos, Lukoil, Sibneft, and Norilsk Nickel, as loan collateral with the understanding that the state would default.
FORBES: Berezovsky vs. Abramovich: Insecure Oligarchs Spell Bad Russian Economy
Writing a loan down, on the other hand, means that it stays on the bank's balance sheet at a reduced but perhaps still inflated value, and the collateral backing the loan is not sold.
Many senators voted for the bill because of last-minute additions forcing airlines not to shut down business in small communities and a provision to allow the government to receive airline stock options as collateral for the loan guarantees.
Now you did have to put up some security, some collateral, against that loan.
FORBES: Eurozone: It's Working, the Carry Trade is Working, Euro Saved!
That said, owning assets that can serve as collateral for an SBA loan will only help you.
FORBES: Credit Scores, Cash Flow and Collateral: Upping the Odds on Your Business's First Bank Loan
The Federal Reserve will help, too, but only by offering to take more types of collateral through its overnight loan window.
With such rights, land title could be leveraged with a mortgage, used as collateral for a bank loan or sold more easily.
Meanwhile, to get a bank loan, one must put up 150% -200% of the face value of the loan in collateral, plus get three guarantors with good incomes.
Meanwhile, to get a bank loan, one must put up 150% to 200% of the face value of the loan in collateral and get three guarantors with good incomes.
The loan document cites as collateral the likelihood that McCain could requalify and collect federal funds.
Some say they are slashing trading commissions and loan fees and trimming collateral requirements for margin loans made to buy more stocks, bonds, commodities and currencies.
Wachovia (nyse: WB - news - people ), among other southeast banks, reported increased scrutiny of loan applications and higher collateral requirements on commercial lending.
They will want collateral to secure and guarantee a loan.
FORBES: 5 Ways of Funding A Business: How To Get Your Piece Of The Pie
Investors can typically borrow 50% to 95% of the value of the stocks and bonds they pledge, but if the value of those securities falls below a certain level, brokerages often demand investors immediately pay back the loan or pony up additional collateral.
Consider this one: The loan portfolios and the value of collateral held to cover lost loans continue to lose value.
That is because cars depreciate faster than the loan balance, resulting in the collateral value of the car being less than the outstanding balance.
Landow took out a 90% loan against securities he put up as collateral.
FORBES: A Lannister Always Pays His Debts (Or IRS Would Tax Them)
Basuki, the South Kalimantan businessman, says banks typically ask for collateral worth 90% of the value of the loan from small businesses.
Officially, the SBA says that the absence of collateral should not be justification for declination of a loan application, which is meant to give consideration to low-income entrepreneurs.
FORBES: Credit Scores, Cash Flow and Collateral: Upping the Odds on Your Business's First Bank Loan
But if the money were to come from the EFSF, well in those circumstances Finland has said it would fear that the money would be too much at risk of loss - so it is demanding collateral or security for its share of any such loan.
应用推荐