Maximum LTV Sample Clauses
The Maximum LTV (Loan-to-Value) clause sets a cap on the ratio of the loan amount to the appraised value of the collateral property. In practice, this means the lender will not provide financing above a certain percentage of the property's value, such as 80%. For example, if a property is valued at $1,000,000 and the maximum LTV is 75%, the borrower can receive up to $750,000 in financing. This clause primarily serves to limit the lender's risk exposure by ensuring that the loan is adequately secured by the underlying asset.
Maximum LTV. The Loan-to-Value Ratio of any Mortgage Loan at origination was not more than 100%;
Maximum LTV. The LTV Percentage shall at no time exceed the Maximum Advance Rate; provided, however, that no Event of Default shall be deemed to have occurred solely as a result of the LTV Percentage exceeding the Maximum Advance Rate unless and until Borrower fails to prepay the Loans (within ten (10) Business Days after the earlier of (a) the date on which Borrower has received written notice from Lender that the LTV Percentage exceeds the Maximum Advance Rate and (b) the date on which Borrower has obtained knowledge that the LTV Percentage exceeds the Maximum Advance Rate) in an aggregate principal amount sufficient to cause the LTV Percentage to be equal to or less than the Maximum Advance Rate.
Maximum LTV. Pursuant to Section 7 hereof, the LTV Percentage [does not exceed] [exceeds] the Maximum Advance Rate (35%).
Maximum LTV. The principal amount of all mortgage Indebtedness secured by a Lien on any Collateral Property shall not exceed an amount equal to seventy five percent (75%) of the Value of such Collateral Property, unless otherwise approved by the Agent. Notwithstanding anything to the contrary herein, the Borrower will not, and will not permit any of its Subsidiaries to, create, incur, or suffer to exist any Lien on any Collateral Property which Lien secures Indebtedness for borrowed money other than first mortgage financing.
Maximum LTV. The Maximum LTV for: (a) a Conventional Conforming Loan is [ ]; and (b) a Government Loan is [ ]; (or, in each case, such other percentage as shall be determined by Buyer in its sole discretion and specified in a written notice from Buyer to Seller from time to time).
Maximum LTV. LTV of each Collateral Property not to exceed 75% (See below) Compliance: Yes/ No
(a) (b) (c)