Minnesota Liquidation Agreement regarding Debtor's Collateral in Satisfaction of Indebtedness
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How to fill out Liquidation Agreement Regarding Debtor's Collateral In Satisfaction Of Indebtedness?
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FAQ
A liquidated loan means any loan that has been used to finance assets, where the money borrowed is repaid by the cash flow acquired by the sale of that asset. Ideally, a self liquidating loan should essentially pay for itself.
Collateral liquidation is the sale of a part of the collateral to repay the loan. There are a few cases when it may occur. When you get a loan with cryptocurrency as collateral, you need to keep in mind a potential liquidation risk that may occur.
: to settle (a debt) by payment or other settlement. liquidate a loan. 2. archaic : to make clear.
Collateral Liquidation Value is defined herein to mean the sum of: (i) one hundred percent (100%) of the total aggregate wholesale invoice price of all of Dealer's Financed Inventory that is unsold and in Dealer's possession and control; plus (ii) eighty five percent (85%) of the total outstanding balance of Dealer's ...
LIQUIDATED COLLATERAL means Collateral that has been liquidated and, with respect to which, the Special Servicer has determined that all amounts which it expects to recover from or on account of such Collateral have been recovered.
