Present Value Factor Clause Samples
The Present Value Factor clause defines how future monetary amounts are discounted to their present value for the purposes of the agreement. Typically, this involves applying a specified discount rate to payments or obligations that are due in the future, ensuring that all amounts are evaluated on a consistent, present-day basis. This clause is essential for accurately comparing or settling sums that are payable at different times, thereby ensuring fairness and clarity in financial calculations between the parties.
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: n = the number of months remaining in Yield Maintenance Period; provided, however, if a prepayment occurs on an Installment Due Date, then the number of months remaining in the Yield Maintenance Period shall be calculated beginning with the month in which such prepayment occurs and if such prepayment occurs on a Business Day other than an Installment Due Date, then the number of months remaining in the Yield Maintenance Period shall be calculated beginning with the month immediately following the date of such prepayment. ARR = Assumed Reinvestment Rate
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows:
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: n = the number of months remaining in the Yield Maintenance Period; provided, however, if a Prepayment occurs on a Payment Date, then the number of months remaining in the Yield Maintenance Period will be calculated beginning with the month in which such Prepayment occurs and if such Prepayment occurs on a Business Day other than a Payment Date, then the number of months remaining in the Yield Maintenance Period will be calculated beginning with the month immediately following the date of such Prepayment. ARR = Assumed Reinvestment Rate Alabama None
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: n = the number of months remaining in the Yield Maintenance Period; provided, however, if a Prepayment occurs on an Installment Due Date, then the number of months remaining in the Yield Maintenance Period will be calculated beginning with the month in which such Prepayment occurs and if such Prepayment occurs on a Business Day other than an Installment Due Date, then the number of months remaining in the Yield Maintenance Period will be calculated beginning with the month immediately following the date of such Prepayment. ARR = Assumed Reinvestment Rate If the Property Jurisdiction for the Loan is not listed below, then unless the list below is modified pursuant to Exhibit B to this Loan Agreement, there are no state-specific modifications of this Loan Agreement applicable to the Loan.
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: 1 - (1 divided by (1+ARR))n ARR n = number of months or partial months remaining in Yield Maintenance Period ARR = Assumed Reinvestment Rate
Present Value Factor the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining in the Yield Maintenance Period, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: n = number of months or partial months remaining in Yield Maintenance Period ARR = Assumed Reinvestment Rate (f) Notwithstanding any other provision of this Section 10, no prepayment premium shall be payable with respect to (i) any prepayment made during the Window Period, or (ii) any prepayment occurring as a result of the application of any insurance proceeds or condemnation award under the Security Instrument.