Sentence examples for serves as collateral from inspiring English sources

Kathleen Cudahy, a spokeswoman for Stellar, confirmed Monday that CBRE Realty recently notified Stellar that it planned to sell Stellar's partnership interest, which serves as collateral for the loan, in February.

Selling requisitioned land to developers is a critical source of local-government revenue, and land serves as collateral for local governments' borrowing (another big headache for Mr Xi: their debt has been spiralling).

Both sides say they are optimistic they will reach an agreement that will keep the museum in its home on West 53rd Street in Manhattan, which serves as collateral for the debt.

These details are nonpublic and subject to confidentiality restrictions in the respective collateral management agreement between each fund's trustee and the Patriarch affiliate that serves as collateral manager.

The asset you're looking to acquire serves as collateral for the loan: it is a win-win for both you and the lender.

The second arises from the guarantees it has given for securities based on home equity lines of credit (where a home serves as collateral), including for Countrywide Financial.

When borrowing to buy stocks, the shares serve as collateral.

Many different things can serve as collateral for a loan.

The bank would charge 3percentt annual interest and the preferred shares would serve as collateral.

The oil in the tanks served as collateral for loans to Allied Crude that were guaranteed by the American Express unit.

The bookies move in; television sets, Toomer relates, are trundled along the streets to serve as collateral.