A nonrecourse loan is secured only by the underlying home or building.
But this money, which is not protected by government deposit insurance, is secured only by the companies' own capital.
Section 1322(b)(2) prohibits such a modification where, ashere, the lender's claim is secured only by a lien on the debtor's principal residence.
GMAC, which says its loan is secured only by the insurance money, has asked a judge to freeze payments to Mr. Silverstein.
Admission is secured only with a special token handed out to visitors at random, and no amount of pleading will help.
It will take nearly a year to get city approval; once that is secured, only the first building will immediately go up — on the east side of Kent Avenue, between South Third and South Fourth Streets.
But the second tranche is secured only by a more general floating charge, which would mean the Bank would be vying with other creditors for repayment if Northern Rock failed.
(e) The endotracheal tube is secured only after its placement in the trachea is confirmed by quantitative waveform capnography.
Rather than spending years and millions of dollars patching systems what Paller calls the "SWAT team" approach he suggests that companies will be secure only when their software is built securely from the start.
