Collateral Market Value definition

Collateral Market Value means in relation to Transferred Collateral, at any date, the market value of the relevant Transferred Collateral on such date.

Collateral Market Value means the market value of the Collateral, as determined by the Calculation Agent in its sole and absolute discretion.

Collateral Market Value means the market value of the Collateral as determined by the Calculation Agent in a commercially reasonable manner.

Examples of Collateral Market Value in a sentence

• Collateral Market Value represents the market value of any kind of collateral against the facilities granted to the customer.

• Bond Collateral Market Value Risk Investors should note that the amount payable on an early redemption of the Notes will be determined by inter alia, the realisation value of the Bond Collateral as described in "Early Redemption Amount" below, and in each case if the realisation value of the Bond Collateral is less than its outstanding principal balance, the amount payable on redemption will be lower than would otherwise have been the case.

• As of August 31, 2018, collateral received in relation to Total Return Swap transactions was deposited at the following institution: Sub-fundCustodianAmount in EUR (*)Ailis Risk Premia MomentumFideuram Bank Luxembourg726,864Ailis Risk Premia ValueFideuram Bank Luxembourg1,123,931Ailis Risk Premia QualityFideuram Bank Luxembourg537,869Ailis Risk Premia CarryFideuram Bank Luxembourg11,000Ailis Risk Premia EquityFideuram Bank Luxembourg90,000(*) Collateral Market Value at the reporting date.

• The value of any Eligible Collateral is calculated as follows: Collateral Value = Eligible Collateral Market Value x ( 1 - Applicable Haircut ), with such value expressed in percentage terms (referred to herein as Collateral Value).

• Investors should be aware that in certain circumstances, (in particular if there are amounts payable by the Issuer to the Swap Counterparty on the termination of the Swap Agreement) the Unwind Costs may represent a considerable portion of, or may even exceed, the Collateral Market Value.

More Definitions of Collateral Market Value

Collateral Market Value has the meaning specified in Section 2.04.

Collateral Market Value means the market value of the Collateral as determined in accordance with sub-paragraph 23(C).

Collateral Market Value means the price obtainable for any Pledged Mortgage, as determined in good faith by the Agent, in the commercial markets regularly trading Mortgage Loans of a similar nature. The Agent's determination of Collateral Market Value shall be conclusive upon the parties absent manifest error on the part of the Agent.

Collateral Market Value means the value of the Collateral as at the date of determination of the Early Termination Settlement Amount, as determined by the Calculation Agent in its sole and absolute discretion.

Collateral Market Value means, with respect to the Collateral, on the relevant date, an amount in EUR determined by the Calculation Agent in its sole and absolute discretion.

Collateral Market Value means, with respect to the Collateral, on the relevant date, an amount in USD equal to the highest of the quotations obtained by the Calculation Agent from at least three dealers in obligations of the type of the Collateral (of which one will be Deutsche Bank). If only two quotations can be obtained, the highest of the two quotations will be used and if only one quotation can be obtained, such quotation will be used. If no quotations can be obtained the Collateral Market Value shall be determined by the Calculation Agent.

Collateral Market Value as of any date shall mean the product of (i) the number of shares of Common Stock of Verilink Corporation (the "Common Stock") then pledged as collateral pursuant to the Pledge Agreement, multiplied by (ii) the average of the daily closing prices per share of Common Stock for the 10 consecutive trading days immediately preceding such date as reported on the principal trading market for the Common Stock, as adjusted to reflect any stock dividends, sub-divisions, combinations or reclassifications of the Common Stock. The closing price shall be the last reported sale price, regular way, or if no such sales are reported on such day or closing sale prices are not reported for the Common Stock, then the average of the closing bid and asked price as reported in the principal consolidated transaction reporting system for the principal trading market on which the Common Stock is traded or listed, or such other system then in use. If the Common Stock is not listed or traded on an established trading market, or not the subject of available bid and asked prices or quotes, then the fair market value per share of Common Stock, as determined in good faith by the Board of Directors of Borrower, shall be deemed to be the average of the daily closing prices for purposes of clause (ii) above.