Examples of Collateral Value Amount in a sentence
Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower, and, if required by clause (d) of Section 5.01, a Collateral Value Certificate (updating the Collateral Value Amount in accordance with the definition of such term).
For example: Based on the maximum advance rates for listed stock (described above), if a single security is a listed stock and it makes up more than 25% of the total market of the stock used in determining the Collateral Value Amount, the maximum advance rate for the single security may be no more than 60% (70% minus 10%).
Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower, and, if required by clause (d) of Section 5.01, a Collateral Value Certificate (updating the Collateral Value Amount in accordance with the definition of such term).