Loan to Value means the Net Interest Bearing Debt to the Value of the Properties in accordance with the most recent Valuation.

Loan to Value means, at any time, expressed as a percentage, the ratio of:

Loan to Value. With respect to a Receivable, the original undiscounted Principal Balance divided by the estimated Value of the Financed Vehicle, multiplied by 100. LIBOR: With respect to the initial Distribution Date, [ ]%; with respect to each Distribution Date other than the initial Distribution Date, the rate for deposits in U.S. Dollars for a period of one month which appears on Reuters Screen LIBOR01 Page as of 11:00 a.m., London time, on the day that is two LIBOR Business Days prior to the preceding Distribution Date (and, in the case of the initial Distribution Date, two LIBOR Business Days prior to the Initial Closing Date). If such rate does not appear on that date on Reuters Screen LIBOR01 Page (or any other page as may replace that page on that service, or if that service is no longer offered, any other service for displaying LIBOR or comparable rates as may be selected by the Indenture Trustee after consultation with the Depositor), then LIBOR will be the Reference Bank Rate.

Examples of Loan to Value in a sentence

Sections 16a-1-301 and 16a-3-207 became effective April 14, 1999; Section 16a-3-308a became effective July 1, 1999 High Loan to Value Consumer Loan (id.
In case of secured loan, higher Loan to Value ratio means higher probability of losses in case asset is repossessed and sold in case of delinquency.
Lower original maturity for asset backed retail loans means faster buildup of borrowers’ equity into the asset as well as his higher borrowing capacity.• Loan to Value Ratio: Loan to Value ratio means value of the loan taken compared to value of the assets offered as security.
To protect the investor from adverse selection of pool contracts, the rating agencies normally take into consideration pool characteristics such as pool seasoning (seasoning represents the number of installments paid by borrower till date: higher seasoning represents better quality), over dues at the time of selection and Loan to Value (LTV).
Other factors that will be considered are loan type, size of the loan, average original maturity of the pool, Loan to Value Ratio, geographical distribution, liquid facility, default rate distribution, credit enhancement facility and structure of the pool.

More Definitions of Loan to Value

Loan to Value means, in respect of a Mortgage Credit, the ratio of the aggregate Value of such Mortgage Credit to the Current Value of the Property securing such Mortgage Credit.

Loan to Value means the ratio of Net Interest Bearing Debt to Value.

Loan to Value means, expressed as a percentage, the ratio of:

Loan to Value means, with respect to any Loan, as of any date of determination, the percentage equivalent of a fraction (a) the numerator of which is equal to the sum of (i) the maximum availability (as provided in the applicable loan documentation) of such Loan as of the date of its origination plus (ii) the maximum availability under all other indebtedness of the related Obligor which ranks either senior to, or pari passu with, such Loan and (b) the denominator of which is equal to the Enterprise Value of the Obligor with respect to such Loan.

Loan to Value. “LTV” shall mean the ratio of the maximum amount of loan to the ex showroom value/cost of the vehicle. This may vary with vehicle, make, model, documentation and tenure. More particularly described in the Annexure attached hereto.

Loan to Value means the ratio of NIBD to EV.

Loan to Value or “LTV” means the ratio, expressed as a percentage, determined by A/B x 100 where: