de

gesicherte Verpflichtung

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Terminological databases

EKI terminibaas Esterm

ID 702583 Last modified 30.12.2004
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Domain Financial Affairs - Taxation & Customs
secured obligation
Usage examples
  • Secured obligations. If the debtor's obligations to the policyholder have been secured by means of a guarantee or other security, the policyholder must have taken all necessary measures as required in the policy to ensure not only that the guarantee or other security is valid and enforceable, but also to actually enforce the security.

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