Examples of Lending Value in a sentence
The Lending Value can be less than this cap when the Market Price is less than the Exercise Price.
The adjustment to the Lending Value is recorded under your Margin Loan Facility as a reservation equal to the Intrinsic Value of the Call Option multiplied by the Lending Ratio for the Securities.
The Institution shall at all times have granted FHLBank a security interest in an amount of Eligible Collateral that has a Lending Value at least equal to the Required Collateral Amount applicable to the Institution.
Any amounts capitalised under this Clause 10.3 will not constitute an increase in the Credit Limit, nor is it an agreement by the Lender to a change in the Lending Value, and the Borrower must comply with Clauses 3.7 and 3.8 where applicable.
This means the Lending Value for these Securities can’t be greater than the Exercise Price of the Call Option multiplied by the relevant Lending Ratio.