The credit enhancement supporting the rated notes has benefited from provisions in Dilmun Capital II's waterfalls (priority of payment schedules) that redirect excess interest cash to purchase additional collateral
debt securities during the deal's reinvestment period.
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.
All the loans purchased from MLCC are Additional Collateral
Mortgage Loans (ACML), have LTV ratios in excess of 80% and are secured by additional collateral
that may include securities or a third party guarantee.
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.
Cray, chairman and chief executive officer, provided additional collateral
to Congress Financial in the form of a $5.
The transaction will have a replenishment period, during which additional collateral
may be purchased by the trust, subject to certain requirements.
RCPI's principal asset is a loan, which is currently secured by a mortgage and additional collateral
in the form of a letter of credit.
The transaction will continue to deteriorate unless the negative carry is reversed and additional collateral
is provided by Metrofinanciera.