Indexed Valuation definition

Indexed Valuation in relation to any Mortgaged Asset at any date means:

Indexed Valuation means, at any date in relation to any Relevant Loan secured over any Property, the Original Market Value of that Property increased or decreased as appropriate by the increase or decrease in the Index since the date of the Original Market Value.

Indexed Valuation means the Halifax Price Indexed Valuation or, where notified to Covered Bondholders in an Investor Report, the Nationwide Price Indexed Valuation; Reference Rate, in respect of Floating Rate Covered Bonds to which Screen Rate Determination applies, has the meaning given to it in the applicable Final Terms Document; Reference Time means, with respect to any determination of the Benchmark, (1) if the Benchmark is SOFR, 3:00 p.m. (London time) on the day that is two London Business Days preceding the date of such determination and (2) if the Benchmark is not SOFR, the time determined by the Designated Transaction Representative in accordance with the Benchmark Replacement Conforming Changes; (in the case of Registered Covered Bonds which are not N Covered Bonds) and the N Covered Bond Registrar (in the case of Registered Covered Bonds which are N Covered Bonds); Registered Covered Bond means a Covered Bond in registered form; Registered Definitive Covered Bond means (i) each N Covered Bond and (ii) each other Registered Covered Bond in definitive form issued or, as the context may require, to be issued by the Issuer in accordance with the provisions of the Programme Agreement or any other agreement between the Issuer and the relevant Dealer(s), the Agency Agreement and the Trust Deed either on issue or in exchange for a Registered Global Covered Bond or part thereof (all as indicated in the applicable Final Terms Document), such Registered Covered Bond in definitive form being substantially in the form set out in Part 8 of Schedule 2 to the Trust Deed with such modifications (if any) as may be agreed between the Issuer, the Principal Paying Agent, the Bond Trustee and the relevant Dealer(s) and having the Terms and Conditions endorsed thereon or, if permitted by the relevant Stock Exchange, incorporating the Programme Conditions by reference (where applicable to the Trust Deed) as indicated in the applicable Final Terms Document and having the relevant information supplementing, replacing or modifying the Programme Conditions appearing in the applicable Final Terms Document endorsed thereon or attached thereto and having a Form of Transfer endorsed thereon; Registered Global Covered Bonds means Global Covered Bonds in registered form, comprising Rule 144A Global Covered Bonds and Regulation S Global Covered Bonds, substantially in the form set out in Part 7 of Schedule 2 to the Trust Deed; Registered Land means, in the case of England and Wales, land the titl...

Examples of Indexed Valuation in a sentence

• A(i) is the sum of the Adjusted Current Balance of each loan, which is the lower of (1) the actual Current Balance or (2) 60% of the Indexed Valuation minus, in each case the Aggregate Current Balance of deemed reductions; A(ii) is the aggregate Current Balance of each loan (less deemed reductions) multiplied by the Asset Percentage.

• The "relevant" Calculation Date in respect of any Calculation Period will be the first Calculation Date falling after the end of that period and the "relevant" Calculation Date in respect of any CBC Payment Date will be the last Calculation Date prior to that CBC Payment Date;CBC Covered Bond Company 2.B.V.CLTIMV Current Loan to Indexed Market Value means the ratio calculated by dividing the current outstanding loan amount by the Indexed Valuation.

• The Asset Monitor is not required to test the arithmetic accuracy of α, β, the Current Balance and the Indexed Valuation for each Mortgage Receivable as well as the accuracy of the Asset Percentage and the LTV Cut-Off Percentage and/or any other parameters used in the Asset Cover Test.

• However, the entire portfolio is hedged based on the BCLOC Index Collar Cash Hedging procedures as sampled aboveThe above analyzed example gives the BCLOC Security a Total Pre-EBITDA Indexed- Valuation of $ 8,298,400 ($2,198,400 + $6,040,000 + $60,000 = $8,298,400); leading to a pricing value before EBITDA of $204.39% to Par.

• However, the entire portfolio is hedged based on the BCLOC Index Collar Cash Hedging procedures as sampled abovePage27The above analyzed example gives the BCLOC Security a Total Pre-EBITDA Indexed- Valuation of $ 8,298,400 ($2,198,400 + $6,040,000 + $60,000= $8,298,400); leading to a pricing value before EBITDA of $204.39% to Par.

More Definitions of Indexed Valuation

Indexed Valuation means in relation to any Mortgaged Asset at any date: (a) where the Original Market Value of that Mortgaged Asset is equal to or greater than the Price Indexed Valuation as at that date, the Price Indexed Valuation; or (b) where the Original Market Value of that Mortgaged Asset is less than the Price Indexed Valuation as at that date, the Original Market Value plus 90 per cent. (or, if a different percentage is required or sufficient from time to time for the Covered Bonds to qualify as 'covered bonds' as defined in the CRR and the Issuer wishes to apply such different percentage, then such different percentage) of the difference between the Price Indexed Valuation and the Original Market Value.

Indexed Valuation means in relation to any Mortgaged Asset at any date: (a) where the Original Market Value of that Mortgaged Asset is equal to or greater than the Price Indexed Valuation as at that date, the Price Indexed Valuation; or (b) where the Original Market Value of that Mortgaged Asset is less than the Price Indexed Valuation as at that date, the Original Market Value plus 90% (or, if a different percentage is required or sufficient from time to time for the Covered Bonds to qualify as "covered bonds" as defined in the CRD IV and the Issuer wishes to apply such different percentage, then such different percentage) of the difference between the Price Indexed Valuation and the Original Market Value. Initial Bank Savings Participation means on the Transfer Date of each of the Bank Savings Mortgage Receivables, an amount equal to the sum of the Bank Savings Deposits received by the Bank Savings Participant in relation to such Bank Savings Mortgage Receivable with accrued interest up to the first day of the month in which such Transfer Date falls. Initial Insurance Savings Participation means on the Transfer Date (a) of each Savings Mortgage Receivables and each Savings Investment Mortgage Receivables or (b) of each Savings Investment Mortgage Loan following a switch from any type of Universal Life Mortgage Loan with the Investment Alternative into a Savings Investment Mortgage Loan, an amount equal to the sum of (i) the Savings Premiums or (ii) the Savings Investment Premiums received by the Insurance Savings Participant with accrued interest up to the first day of the month in which such Transfer Date falls in relation to each of the Savings Mortgage Receivables and each of the Savings Investment Mortgage Receivables. Initial Participation means each of the Initial Bank Savings Participation and the Initial Insurance Savings Participation.

Indexed Valuation means any valuation used by applying the Propindex, the Bank of Greece Index or any other recognised indexation methods;

Indexed Valuation means at any date in relation to any Relevant Home Loan secured over any Property:

Indexed Valuation means any valuation used by applying the Central Bank of Cyprus index or any other recognised indexation methods;

Indexed Valuation means, in relation to any Loan secured over any Property at any date:

Indexed Valuation means on any day in relation to any Land: