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

• 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).

• Subject to the terms and conditions set forth herein, Lender agrees to make Advances on the Loan to the Borrower from time to time in an aggregate principal amount that will not result in (i) the principal balance due under the Loan exceeding fifty percent (50%) of the Pledged Collateral Market Value.

• If the Noteholder Bid is less than or equal to the Collateral Market Value, then the Collateral Market Value shall be zero.

• Investment Custodial Services The RTAA is responsible for the investment of cash balances.

• In no event shall the Bank be obligated to make the Term Loan if (1) any Default or Event of Default exists or would result from the making of the Term Loan, or (2) after giving effect to the disbursement of the Term Loan on or about the Closing Date, the outstanding principal balance of the Term Loan would exceed 80% of the Pledged Collateral Market Value on such date.

More Definitions of Collateral Market Value

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

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 has the meaning specified in Section 2.04.

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 means, the price at which the Swap Counterparty or any Affiliate of the Swap Counterparty would be prepared to purchase the Collateral (excluding the Reserve Account Balance) as determined by the Calculation Agent in its sole and absolute discretion.