Common use of Lender Value Clause in Contracts

Lender Value. Lender's value, converted to U.S. dollars, for each object. NOTE: All values submitted will be considered. Value in excess of amounts approved for indemnity must be insured by the indemnitee or other party. Generally, for objects with lender values greater than $100 million, the Federal Council will limit indemnity coverage to no more than $100 million per object, and excess must be otherwise insured. Objects considered part of a pair/set must have individual values. Provide U.S. dollar value rounded to the nearest full dollar. Convert foreign currency values into U.S. dollars; indemnity claims are paid only in U.S. dollars. Reasonable currency fluctuations anticipated to occur during the indemnity period should be reflected and explained in the valuations.

Lender Value. Lender's value, converted to U.S. dollars, for each object. NOTE: All values submitted will be considered. Value in excess of amounts approved for indemnity must be insured by the indemnitee or other party. Generally, for objects with lender values greater than $100 million, the Federal Council will limit indemnity coverage to no more than $100 million per object, and excess must be otherwise insured. Objects considered part of a pair/set must have individual values. Provide U.S. dollar value rounded to the nearest full dollardollar (do not add cents, even if .00). Convert foreign currency values into U.S. dollars; indemnity claims are paid only in U.S. dollars. Reasonable currency fluctuations anticipated to occur during the indemnity period should be reflected and explained in the valuations.

Lender Value. Lender's value, converted to U.S. dollars, for each object. NOTE: All values submitted will be considered. Value in excess of amounts approved for indemnity must be insured by the indemnitee or other party. Generally, for objects with lender values greater than $100 million, the Federal Council will limit indemnity coverage to no more than $100 million per object, and excess must be otherwise insured. Objects considered part of a pair/set must have individual values. Provide U.S. dollar value rounded to the nearest full dollar. Convert foreign currency values into U.S. dollars; indemnity claims are paid only in U.S. dollars. Reasonable currency fluctuations anticipated to occur during the indemnity period should be reflected and explained justified in the valuations.

Lender Value. Lender's value, converted to U.S. dollars, for each object. NOTE: All values submitted will be considered. Value in excess of amounts approved for indemnity must be insured by the indemnitee or other party. Generally, for objects with lender values greater than $100 million, the Federal Council will limit indemnity coverage to no more than $100 million per object, and excess must be otherwise insured. Objects considered part of a pair/set must have individual values. Provide U.S. dollar value rounded to the nearest full dollar. Convert foreign currency values into U.S. dollars; indemnity claims are paid only in U.S. dollars. Reasonable currency fluctuations anticipated to occur during the indemnity period should be reflected and explained justified in the valuations.