Great resource jbilil! I would like to know which agencies are those that are considered those that should be avoided in the industry. Also, we post a lot of per diem positions on http://www.physicaltherapy.com/pt-jobs/.
A collateral warranty is a contractual arrangement that is directly connected to another principal contract. In other words, it is âcollateralâ to the main contractual arrangement. Collateral warranties are particularly popular in the building industry.s most commercial development projects are financed by institutional lenders such as banks, collateral warranties are typically a necessity. Collateral warranty is legally designed to enable a third party with interest in completion of the project to pursue a legal claim against another party involved in that project.
Related to collateral: Collateral security. Related; indirect; not bearing immediately upon an issue. The property pledged or given as a security interest, or a guarantee for payment of a debt, that will be taken or kept by the creditor in case of a default on the original debt. That which is collateral is not of the essence. Collateral facts are facts that are not independently provable from, and that are not directly relevant to, issues in a Cause of Action. Collateral heirs are those individuals who are not directly related to the deceased through consanguinity.