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...operty and distributed its net proceeds under this Issue Deed, none of the Secured Parties may take any further steps against Issuer to recover any further su ...e remedies available against Issuer under the Issue Deed and the Notes. No Secured Party may proceed against Issuer unless, having become bound to act, Truste

...re the [[borrower]] grants the [[lender]] a [[security interest]] over its property to mitigate the [[credit risk]]. ...lateral arrangement]]s, for very good example. So something can resemble a secured loan without actually being one.

...v|Collateral}} delivered to {{pgmslaprov|Borrower}} from such {{pgmslaprov|Secured Account}} pursuant to paragraph {{pgmslaprov|5.3}}(b) on the instruction of

...ions}} will not include any item of property acquired by the {{nyvmcsaprov|Secured Party}} upon any disposition or liquidation of {{nyvmcsaprov|Posted Collate

...utions}} will not include any item of property acquired by the {{nycsaprov|Secured Party}} upon any disposition or liquidation of {{nycsaprov|Posted Collatera

...property. Except as specified in the preceding sentence, the {{nyvmcsaprov|Secured Party}} will have no duty with respect to {{nyvmcsaprov|Posted Collateral (

..., the Transaction Parties, Holders shall have recourse only to the Secured Property for the Series, subject always to the Security, and not to any other assets (i) the Secured Property for the Series is exhausted (whether following Liquidation or enforcement o

...aph {{nycsaprov|3(b)}}, 4(d)(ii) or 6(d)(i) or released by the {{nycsaprov|Secured Party}} under Paragraph {{nycsaprov|8}}. Any {{nycsaprov|Interest Amount}}

...ansferring ''[[legal title]]'', but not ''[[beneficial ownership]]'', to [[property]] as [[security]] for a [[debt]]. Your mum and dad probably had one on thei ...e]] by the way. any security over a [[chattel]] counts. Under the [[Law of Property Act 1925]]:

...n property. Except as specified in the preceding sentence, the {{nycsaprov|Secured Party}} will have no duty with respect to {{nycsaprov|Posted Collateral}}, ...be the holding of that {{nycsaprov|Posted Collateral}} by the {{nycsaprov|Secured Party}} for which the {{nycsaprov|Custodian}} is acting.<br>

...CSA to determine whether an event has occurred to entitle the {{imcsdprov|Secured Party}} to exercise a {{imcsdprov|Notice of Exclusive Control}}. ...something by the bankrupt Counterparty — you can appropriate your Secured Property. Until then, hands off.

...secured on a £4m property, could withhold its consent to the sale of that property.

...aragraph 3(b), 4(d)(ii), 6(d)(i) or 11(h) or released by the {{nyvmcsaprov|Secured Party}} under Paragraph '''{{nyvmcsaprov|8}}'''. With respect to any {{nyvm

...tap or a discrete set of notes under a different isin secured on the same property. It can't be both. Cash should not be part of the Secured Property. An SPV will never hold cash directly.

...ng CSA to determine whether an event has occurred to entitle the {{{{{1}}}|Secured Party}} to exercise a {{{{{1}}}|Notice of Exclusive Control}}. ...something by the bankrupt Counterparty — you can appropriate your Secured Property. Until then, hands off.

...is, the proper one. The overweening piece of statute here is the [[Law of Property Act 1925]]. ...ch involve [[Title transfer|transfer]] of the legal title to the [[secured property]] — a good example is a fully registered [[mortgage]], and

...at the Default Rate multiplied by the {{nycsaprov|Value}} of the items of property that were required to be {{nycsaprov|Transfer}}red, from (and including) th ...t, action, proceeding or lien results from the exercise of the {{nycsaprov|Secured Party}}’s rights under Paragraph {{nycsaprov|6(c)}}.<br>

The general rule is that a secured creditor is not obliged to resort to its security but can still claim repay ...l charges may require a deed or registration or both) and over any kind of property (equitable as well as legal) but is subject to the doctrine of purchaser fo

...ted Credit Support (IM)}} to (but excluding) the date that the {{imcsdprov|Secured Party}} instructs the {{imcsdprov|Custodian (IM)}} to transfer the {{imcsdp ...''. The {{imcsdprov|Chargor}} will promptly give notice to the {{imcsdprov|Secured Party}} of, and defend against, any suit, action, proceeding or lien that i

...es delivered to {{{{{1}}}|Transferee}} become the {{{{{1}}}|Transferee}}’s property absolutely. There is no custody involved: the {{{{{1}}}|Transferee}} owns t ...}|Pledgor}} who creates a [[security interest]] in favour of the {{{{{1}}}|Secured Party}}, ''but retains beneficial ownership of the assets''.