The lenders have also sought additional collateral
from the promoters of these exchanges on their borrowings and have capped cash withdrawals from the few accounts that are still operational.
If a participant wants a loan exceeding 50 percent, you can grant the request if the participant can provide sufficient additional collateral
Each secured lender would like to get enough additional collateral
to solve its deficiency; each unsecured lender intends to obtain enough collateral to secure its position.
They further contend that any letter of credit provided by the seller-lessee constitutes additional collateral
under paragraph 12(d) of Statement no.
Is additional collateral
value in the borrowing entity and guarantees available?
In the EITF's view, such unsecured guarantees do not provide the buyer-lessor with additional collateral
that reduces risk of loss, except in the event of the seller-lessee's bankruptcy.
In the event that the target collateral falls below the required amount, the issuer has a right to post additional collateral
but is not obligated.
The transaction will have a replenishment period, during which additional collateral
may be purchased by the trust, subject to certain requirements.
The transaction will continue to deteriorate unless the negative carry is reversed and additional collateral
is provided by Metrofinanciera.
For example, if the additional collateral
amount test fails the minimum required level of 107.
During the five-year reinvestment period, the collateral manager may use cash principal collections to purchase additional collateral
for the portfolio or may enter into additional CDS or TRS transactions in the event of CDS or TRS contract expiry.
During this time, principal proceeds will be used to reinvest in additional collateral
or pay down notes.