Lending Value definition

Lending Value means the value that FHLBank shall from time to time, in its sole discretion, ascribe to the various types of Collateral.

Lending Value means the total Project cost, including land;

Lending Value means the value that the Bank shall from time to time, in its sole discretion, ascribe to the various types of Collateral.

Examples of Lending Value in a sentence

• Immediately upon FHLBank’s request, and from time to time thereafter, the Institution shall provide FHLBank an amount of Listed Collateral which is also Eligible Collateral that has a Lending Value at all times at least equal to the Required Collateral Amount applicable to the Institution.

• Notwithstanding anything to the contrary herein, while an Event of Default shall have occurred and be continuing, or at any time that FHLBank’s records indicate that such deletion or redelivery would reduce the Lending Value of the Institution’s Eligible Collateral below the Required Collateral Amount, or at any time that FHLBank reasonably and in good xxxxx xxxxx itself insecure, FHLBank may refuse such request.

• Notwithstanding anything to the contrary herein, while an Event of Default hereunder shall have occurred and be continuing, or at any time that FHLBank’s records indicate that such release would reduce the Lending Value of the Institution’s Collateral below the Required Collateral Amount, or at any time that the FHLBank reasonably and in good xxxxx xxxxx itself insecure, FHLBank may refuse such request.

• The amount of each Advance (for greater certainty, specifically including the first Advance) under Facility B shall not exceed an amount equal to (i) fifty percent (50%) of the Property Lending Value at the time of such Advance, less (ii) the aggregate of all previous Advances under Facility B.

• At a minimum, the Institution shall provide the Bank as perfected security interest in an amount of Eligible Collateral that has a Lending Value at all times at least equal to the Required Collateral Amount applicable to the Institution.

More Definitions of Lending Value

Lending Value means the percentage set forth on Schedule I hereto of the fair market value, as determined by the Bank from time to time, of the relevant class of Collateral (any item not listed to have such Lending Value, if any, as the Bank may fix from time to time), subject, in the case of any security which, under the circumstances, is covered by Regulation U or Regulation X of the Federal Reserve Board, to any maximum margin percentage imposed by such Regulations; provided that, notwithstanding Schedule I, the Bank may change or eliminate the percentage applicable to any class of Collateral at any time without prior notice to the Customer. The Customer agrees immediately to deliver additional Collateral to the Bank to the extent that, at any time, the aggregate Lending Value of the Collateral is less than the Required Lending Value.

Lending Value means the value of any premises as a reasonably adequate security for a loan which is secured by a mortgage thereon determined by the Minister or otherwise to the satisfaction of the Minister by such manner of assessment as the Minister may prescribe or otherwise require;

Lending Value means the percentage set forth in the General Terms (receipt of a copy of which the Guarantor hereby acknowledges), or otherwise fixed by the Bank from time to time in its discretion, of the fair market value, as determined by the Bank from time to time, of the relevant class of collateral, subject, in the case of any security which, under the circumstances, is covered by Regulation U or Regulation X of the Federal Reserve Board, to any maximum margin percentage imposed by such Regulations, it being understood that, unless specifically agreed by the Bank in writing, the Bank may change or eliminate the percentage applicable to any class of Collateral at any time without prior notice to the Guarantor. The Guarantor agrees immediately to deliver additional Collateral to the Bank to the extent that, at any time, the aggregate Lending Value of the Collateral is less than the Required Lending Value. While any Obligations or Obligor-guaranteed obligations are outstanding, the Bank reserves the right not to release, or allow the substitution of, any of the Collateral if such release or substitution would cause the Lending Value thereof to fall below the Required Lending Value.

Lending Value means, in respect of real estate, 80 per cent of the market value of the real estate but, if the credit union considers a lesser percentage appropriate in the circumstances under its investment and lending policies, the lending value is that lesser percentage of the market value of the real estate.

Lending Value means the value attributed by us in our reasonable discretion in accordance with our current policy for lending against the assets secured in our favour.

Lending Value means the value of the Bank shall from time to time, in its sole discretion, ascribe to the various type of Collateral. m. "Regulations" means the regulations of the Federal Housing Finance Board or its successor, as amended, 12 CFR Chapter IX. n. "Required Collateral Amount" means the aggregate dollar amount that the Bank may specify from time to time with respect to each Advance and any other obligation or liability of the Institution to the Bank. The Bank may increase or decrease the Required Collateral Amount at any time. o. "Swap Transaction" or "Swap Transactions" means any and all interest rate swaps, interest rate caps, floors or collars, currency exchange transactions or similar transactions entered into between the Bank and the Institution.

Lending Value. , in relation to property, means lending value assigned to the property by the Corporation;