Closing Date LTV definition
Examples of Closing Date LTV in a sentence
After giving effect to such Substitution, as of the Substitution Date the LTV Ratio for all of the Properties then remaining subject to the Liens of the Security Instruments (i.e. including the Substitute Property and excluding the Replaced Property), shall not be more than the Closing Date LTV.
From the date hereof through the Closing Date, LTV shall provide to Buyer, at no charge, the right to use reasonable office space at Independence Center and/or Cleveland Works as requested by Buyer and shall provide appropriate equipment and facilities for reasonable use by Buyer including parking spaces, phones, fax machines and copy machines.
After giving effect to such Substitution, as of the Substitution Date, the LTV Ratio (as calculated by including the Substitute Property, but excluding the Replaced Property), shall not be less than the Closing Date LTV Ratio.
At the request and the sole expense of Buyer, at any time after the Closing Date, LTV Companies shall execute and deliver such documents as Buyer or its counsel may reasonably request to effectuate the purposes of this Agreement.