Unsecured Indebtedness definition: Copy, customize, and use instantly
Introduction
The term "Unsecured Indebtedness" refers to any debt or obligation that is not backed by collateral. It is essential for defining the types of financial liabilities a company may incur without providing assets to secure repayment. This distinction ensures clarity in agreements regarding the priority and claims on assets in case of default.
Below are various examples of how "Unsecured Indebtedness" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Unsecured Indebtedness" as financial obligations
This definition ties "Unsecured Indebtedness" to any debt obligations not supported by collateral or security.
"Unsecured Indebtedness" means any debt or obligation that is not secured by any form of collateral or asset guarantee, whether incurred or arising from borrowings, credit facilities, or other obligations.
Definition of "Unsecured Indebtedness" as unsecured borrowing
This definition connects "Unsecured Indebtedness" to the concept of borrowing without collateral.
"Unsecured Indebtedness" refers to borrowings or loans that are not secured by any collateral or guarantee but rely on the borrower’s creditworthiness for repayment.
Definition of "Unsecured Indebtedness" as a general financial obligation
This definition links "Unsecured Indebtedness" to all financial obligations that do not involve asset-backed security.
"Unsecured Indebtedness" means all obligations that are not supported by any specific asset or collateral, including any notes, bonds, or other forms of debt instruments.
Definition of "Unsecured Indebtedness" as a form of debt financing
This definition applies "Unsecured Indebtedness" to debt financing not associated with collateral.
"Unsecured Indebtedness" refers to debt financing where the lender has no claim to specific assets in the event of default and relies solely on the borrower’s credit.
Definition of "Unsecured Indebtedness" as part of a debt structure
This definition ties "Unsecured Indebtedness" to a part of a broader debt structure that is not backed by collateral.
"Unsecured Indebtedness" means that portion of a company’s debt that is not secured by any collateral but is part of its total outstanding financial obligations.
Definition of "Unsecured Indebtedness" as a liability in financial agreements
This definition connects "Unsecured Indebtedness" to the concept of liabilities in financial agreements.
"Unsecured Indebtedness" refers to any liability or obligation incurred under a financial agreement that is not secured by any assets or collateral.
Definition of "Unsecured Indebtedness" as obligations without asset backing
This definition links "Unsecured Indebtedness" to obligations that do not involve asset backing for security.
"Unsecured Indebtedness" means any obligation incurred by a borrower without any pledge of assets or collateral to secure the repayment of such debt.
Definition of "Unsecured Indebtedness" as defined in a loan agreement
This definition applies "Unsecured Indebtedness" within the context of a loan agreement where no collateral is required.
"Unsecured Indebtedness" refers to any debt or loan agreement in which the borrower does not provide any security interest or collateral for the loan.
Definition of "Unsecured Indebtedness" as non-collateralized debt
This definition ties "Unsecured Indebtedness" to debt that is not collateralized.
"Unsecured Indebtedness" means all forms of debt that are not secured by collateral, including but not limited to unsecured loans, promissory notes, and bonds.
Definition of "Unsecured Indebtedness" as unsecured credit
This definition connects "Unsecured Indebtedness" to credit arrangements where no collateral is provided.
"Unsecured Indebtedness" refers to credit extended to a borrower without any requirement for collateral to secure repayment.
Definition of "Unsecured Indebtedness" as part of debt covenants
This definition links "Unsecured Indebtedness" to a company’s financial covenants regarding debt.
"Unsecured Indebtedness" means any debt incurred by the company that does not have any collateral or security interest attached to it under the terms of the relevant debt covenant.
Definition of "Unsecured Indebtedness" as unsecured bonds
This definition connects "Unsecured Indebtedness" to bonds issued without collateral.
"Unsecured Indebtedness" means any bond issuance that is not backed by specific assets and relies on the creditworthiness of the issuer for repayment.
Definition of "Unsecured Indebtedness" as an unsecured liability
This definition ties "Unsecured Indebtedness" to a liability without asset protection.
"Unsecured Indebtedness" refers to any liability or financial obligation where no collateral is pledged to secure repayment, typically arising from loans or trade credit.
Definition of "Unsecured Indebtedness" as unsecured debt securities
This definition applies "Unsecured Indebtedness" to debt securities not backed by collateral.
"Unsecured Indebtedness" means any debt securities issued without any form of asset security or guarantee, and payable solely from the issuer’s general assets.
Definition of "Unsecured Indebtedness" as senior debt without collateral
This definition ties "Unsecured Indebtedness" to senior debt that is unsecured.
"Unsecured Indebtedness" refers to senior debt obligations that are not secured by any specific assets or collateral, and the repayment is dependent on the issuer's financial strength.
Definition of "Unsecured Indebtedness" as debt without guarantee
This definition links "Unsecured Indebtedness" to debt obligations without a guarantee.
"Unsecured Indebtedness" means any debt where the lender’s recourse is not backed by guarantees or collateral, relying solely on the borrower’s ability to repay.
Definition of "Unsecured Indebtedness" as debt not supported by real property
This definition connects "Unsecured Indebtedness" to debts that do not have real property as collateral.
"Unsecured Indebtedness" refers to any debt obligations where no real property is pledged as security for repayment.
Definition of "Unsecured Indebtedness" as debt from financial instruments
This definition ties "Unsecured Indebtedness" to debt issued through financial instruments that are not secured.
"Unsecured Indebtedness" means debt obligations arising from the issuance of financial instruments such as notes or bonds, which are not backed by any collateral.
Definition of "Unsecured Indebtedness" as corporate borrowing without collateral
This definition links "Unsecured Indebtedness" to corporate borrowing in which no collateral is provided.
"Unsecured Indebtedness" means any borrowing or loan entered into by a corporation that is not secured by any of its assets or property.
Definition of "Unsecured Indebtedness" as debt not tied to fixed assets
This definition connects "Unsecured Indebtedness" to debts that are not tied to any fixed assets.
"Unsecured Indebtedness" refers to debts incurred by an entity that are not tied to any fixed assets or collateral to ensure repayment.
Definition of "Unsecured Indebtedness" as short-term unsecured borrowing
This definition applies "Unsecured Indebtedness" to short-term borrowings without collateral.
"Unsecured Indebtedness" refers to short-term borrowing arrangements where the borrower does not provide any collateral to secure the loan.
Definition of "Unsecured Indebtedness" as corporate unsecured loans
This definition ties "Unsecured Indebtedness" to unsecured loans taken on by a corporation.
"Unsecured Indebtedness" means loans taken by a corporation that are not secured by collateral, and are based solely on the corporation’s creditworthiness.
Definition of "Unsecured Indebtedness" as an unsecured credit line
This definition connects "Unsecured Indebtedness" to a credit line that is not secured by assets.
"Unsecured Indebtedness" refers to a line of credit provided without the need for the borrower to pledge any assets or collateral as security for repayment.
Definition of "Unsecured Indebtedness" as non-asset-backed financing
This definition links "Unsecured Indebtedness" to financing options that do not require asset backing.
"Unsecured Indebtedness" means financing that is obtained without providing any assets or collateral as security, relying instead on the borrower’s financial stability.
Definition of "Unsecured Indebtedness" as debt obligations in a bankruptcy proceeding
This definition connects "Unsecured Indebtedness" to liabilities arising in bankruptcy.
"Unsecured Indebtedness" refers to any debt obligations that are not secured by assets and may be subject to lower priority claims in bankruptcy proceedings.
Definition of "Unsecured Indebtedness" as bonds or debt instruments without collateral
This definition ties "Unsecured Indebtedness" to debt instruments like bonds that lack collateral.
"Unsecured Indebtedness" means any bond or debt instrument issued by an entity that does not require the pledge of collateral or assets to secure repayment.
Definition of "Unsecured Indebtedness" as a riskier form of borrowing
This definition applies "Unsecured Indebtedness" to a riskier borrowing practice due to lack of collateral.
"Unsecured Indebtedness" refers to borrowing that carries a higher risk because the lender does not have recourse to any collateral in case of default.
Definition of "Unsecured Indebtedness" as non-secured corporate obligations
This definition connects "Unsecured Indebtedness" to corporate obligations that are not secured by collateral.
"Unsecured Indebtedness" means any corporate debt or obligation that is not backed by any collateral, including any borrowings or trade payables.
Definition of "Unsecured Indebtedness" as unsecured obligations in a debt portfolio
This definition links "Unsecured Indebtedness" to obligations within a broader debt portfolio that lack collateral.
"Unsecured Indebtedness" refers to obligations within a company's debt portfolio that are not secured by any form of collateral, thereby relying solely on the financial strength of the borrower.
Definition of "Unsecured Indebtedness" as debt from unsecured lending facilities
This definition ties "Unsecured Indebtedness" to lending facilities provided without collateral.
"Unsecured Indebtedness" means any debt incurred through unsecured lending facilities, including revolving credit lines or short-term loans that do not require collateral.
Definition of "Unsecured Indebtedness" as a component of unsecured financial instruments
This definition connects "Unsecured Indebtedness" to financial instruments that are unsecured.
"Unsecured Indebtedness" refers to any component of a company's debt obligations that arises from unsecured financial instruments, such as unsecured bonds or loans.
Definition of "Unsecured Indebtedness" as a borrowing arrangement with no collateral
This definition links "Unsecured Indebtedness" to borrowing arrangements where no collateral is involved.
"Unsecured Indebtedness" means any borrowing arrangement where the borrower does not provide collateral to secure the loan, relying instead on the borrower's creditworthiness.
Definition of "Unsecured Indebtedness" as debt without fixed asset protection
This definition applies "Unsecured Indebtedness" to debt that does not have fixed asset protection.
"Unsecured Indebtedness" refers to debt obligations where no fixed assets are pledged as security, and repayment is based solely on the borrower's ability to pay.
Definition of "Unsecured Indebtedness" as non-collateralized borrowings in capital markets
This definition ties "Unsecured Indebtedness" to capital market borrowings that lack collateral.
"Unsecured Indebtedness" means borrowings issued in the capital markets that are not backed by collateral, including unsecured corporate bonds and promissory notes.
Definition of "Unsecured Indebtedness" as obligations with no specific repayment guarantee
This definition connects "Unsecured Indebtedness" to obligations with no specific repayment guarantee.
"Unsecured Indebtedness" refers to obligations that do not have a guarantee or collateral securing repayment, leaving the lender reliant on the borrower's financial situation.
Definition of "Unsecured Indebtedness" as non-secured commercial borrowings
This definition links "Unsecured Indebtedness" to commercial borrowings that are not secured by assets.
"Unsecured Indebtedness" means commercial borrowings made by an entity that are not secured by specific assets but are dependent on the entity's overall financial position.
Definition of "Unsecured Indebtedness" as debt instruments issued without collateral
This definition ties "Unsecured Indebtedness" to debt instruments issued without collateral.
"Unsecured Indebtedness" means debt instruments issued by a corporation that do not require the pledging of assets or collateral as a guarantee for repayment.
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