meaning of collateral agent
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collateral agent collateral agent, Also known as a security agent. The financial institution that holds the collateral on behalf of the lenders under a syndicated loan agreement as security for performance of the borrower's obligations under the loan agreement.
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- DEFINITION of 'Collateral'. Property or other assets that a borrower offers a lender to secure a loan. If the borrower stops making the promised loan payments, the lender can seize the collateral to recoup its losses.
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Legal Definition and Related Resources of Collateral Agreement Browse or run a search for Collateral Agreement in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
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- This was his first year out of graduate school, his first year at Plato—and possibly his last. The Trail of the Hawk Sinclair Lewis. The graduate school for advanced students was established in 1906.
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- The basic definition of a Signing Agent is a Notary Public who handles the execution and notarization of mortgage, refinancing and real estate transactions in the Commonwealth of PA. This designation of Signing Agent is now being used widely.And it varies from state to state and unfortunately from Notary to Notary.he basic definition of a Signing Agent is a Notary Public who handles the execution and notarization of mortgage, refinancing and real estate transactions in the Commonwealth of PA. This designation of Signing Agent is now being used widely. And it varies from state to state and unfortunately from Notary to Notary.
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What is COLLATERAL SECURITY? What is COLLATERAL SECURITY? A security given in addition to the direct security, and subordinate to it, intended to guaranty its validity or convertibility or insure its performance ; so that, if the direct security fails, the creditor may fail back upon the collateral security. Butler v. Rockwell, 14 Colo. 125, 23 Pac. 462; McCor- mick v. Bank (C.
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infectious agent agent. 1. any power, principle or substance by which something is accomplished, or which is capable of producing a chemical, physical or biological effect such as a disease. 2. of disease; any factor whose excessive presence or relative absence is essential for the occurrence of a disease.
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- The basic definition of a Signing Agent is a Notary Public who handles the execution and notarization of mortgage, refinancing and real estate transactions in the Commonwealth of PA. This designation of Signing Agent is now being used widely. And it varies from state to state and unfortunately from Notary to Notary.
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agent agent. n. 1. a person who acts on behalf of another person, group, business, government, etc; representative. 2. a person or thing that acts or has the power to act.3. a phenomenon, substance, or organism that exerts some force or effect: a chemical agent.4. the means by which something occurs or is achieved; instrument: wind is an agent of plant pollination. 5.gent. n. 1. a person who acts on behalf of another person, group, business, government, etc; representative. 2. a person or thing that acts or has the power to act.
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How To Become A Loan Signing Agent A signing agent is an impartial party to the transaction, and must adhere to the notary laws of their state or jurisdiction. In some states of the United States where signing agents are allowed, signing agents may identify documents and can point out terms to the loan transaction.
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agent Party that has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships with other parties.
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What is AGENT? A general agent is one employed in his capacity as a professional man or master of an art or trade , or one to whom the principal confides his whole business or all transactions or functions of a designated class ; or he is a person who is authorized by his principal to execute all deeds , sign all contracts , or purchase all goods , required in a ...
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- This ligament is most likely to become injured with a low coronoid fracture with the elbow in full extension. A fracture of the coronoid, therefore, results in the loss of all of these supports. The brachialis muscle is attached to the base of the coronoid process. Dissection of the brachialis during fixation of these fractures contributes to the risk of heterotopic ossification in these cases.
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From the 'Lectric Law Library's StacksCalifornia Civil Code On Agency/Agents An agent is one who represents another, called the principal, in dealings with third persons. Such representation is called agency. 2296. Any person having capacity to contract may appoint an agent, and any person may be an agent. 2297. An agent for a particular act or transaction is called a special agent.
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collateral Associated concepts: collateral action, collateral agreement, collateral attack, collateral contract, collateral estoppel, collateral note, collateral powers, collateral proceeding, collattral promise, collateral source rule, collateral undertaking, collateral warranties.) n. property pledged to secure a loan or debt, usually funds or personal property as distinguished from real property (but technically collateral can include real estate).
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closing agent Definition. An individual who represents a buyer and handles the closing and the legal transfer of title and ownership from the seller to the buyer. also called settlement agent.
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Security Interests in Proceeds of Collateral Attachment of a Security Interest. Upon the disposition or collection of collateral, a secured party's security interest continues in any identifiable proceeds. If the proceeds are cash, common law principles of tracing proceeds, including the equitable principle of the lowest intermediate balance rule, are used to identify the cash proceeds.
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agent legal Definition of agent 1: someone or something that acts or exerts power : a moving force in achieving some result 2: a person guided or instigated by another in some action
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What is Collateral management? exists and is an alternate of . Collateral Management: Collateral means , mutual agreement. Collateral Managemet is a line of busineed in banking sector , each investor will have collateral agreement on some mutual transaction. One of the example, Equity Derivatives. It provides interface to enter collateral data, and it has a master data of collateral descriptions and types.
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collateral Collateral. Related; indirect; not bearing immediately upon an issue. The property pledged or given as a security interest, or a guarantee for payment of a debt, that will be taken or kept by the creditor in case of a default on the original debt.That which is collateral is not of the essence.) n. property pledged to secure a loan or debt, usually funds or personal property as distinguished from real property (but technically collateral can include real estate).
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DOD cyberspace glossary In cyberspace operations, collateral effects are categorized as: 1. High: substantial adverse effects on persons or property that are not lawful targets from which there is a reasonable probability of loss of life, serious injury, or serious adverse effect on the affected nation's security, economic security, public safety, or any combination of such effects.
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- The collateral load is the loading on the building caused by additional construction materials such as a false ceiling, sprinkler system, lighting, Heating/Air-conditioning duct, etc. The following table is recommended loadings for each type of collateral load.
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- special agent. Someone employed to represent another person—the principal—in a clearly defined and limited activity.A real estate broker hired to sell a property is a special agent.
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- DEFINITION of 'Agent'. 1. An individual or firm that places securities transactions for clients. 2. A person licensed by a state to sell insurance.3. A securities salesperson who represents a broker-dealer or issuer when selling or trying to sell securities to the investing public.Next Up.EFINITION of 'Agent'. 1. An individual or firm that places securities transactions for clients. 2. A person licensed by a state to sell insurance.
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What is COLLATERAL CONTRACT? Written or oral agreement associated as a second, or side contract made between the original parties, or between a third party and an original party. This typically occurs before or at the same time the first or main contract is made.This collateral contract is independent and separate from the primary contract. A collateral contract is often done because (1). its terms conflict with those of the main contract, (2).its rules of evidence supersede its incorporation in the main contract, (3). the main contract is wrongly drawn or (4).his typically occurs before or at the same time the first or main contract is made. This collateral contract is independent and separate from the primary contract. A collateral contract is often done because (1). its terms conflict with those of the main contract, (2).
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- What Is Collateral? Collateral is property or other assets that a borrower offers a lender to secure a loan. If the borrower stops making the promised loan payments, the lender can seize the collateral to recoup ... Personal Finance. A mortgage is a loan used to purchase a home, where the property serves as the borrower's collateral.