LTV Breach definition

LTV Breach means that the LTV Ratio on any date exceeds the LTV Maximum Ratio.
LTV Breach means at any time the LTV Ratio exceeds the Maximum LTV Ratio. “LTV Breach Notice” has the meaning specified in Section 2.08(c).
LTV Breach has the meaning ascribed to such term in the Margin Loan Agreement.

Examples of LTV Breach in a sentence

  • This LTV Breach Notice and any non-contractual obligations arising out of or in connection with it are governed by New York law.

  • Whereas in terms of the provisions of Section 178(1) of the Companies Act, 2013 read with rule 6 of the Companies (Meetings of Board and Its Powers) Rules, 2014 and regulation 19 of the SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015 the Company was required to constitute a Nomination & Remuneration Committee of the Board, the Company could not comply with the same.

  • Upon a LTV Breach, the Company shall immediately provide notice to each Shareholder of such breach, and each Shareholder shall satisfy any funding obligation arising in connection with an LTV Breach by depositing, into the Company’s account, such Shareholder’s proportionate share of the funding obligation as determined in accordance with this Section 5.05, promptly, and no later than the applicable deadline under the Margin Loan Agreement to cure such breach, after delivery of such notice.

  • The Company shall promptly notify the Shareholders in the event that it reasonably believes that an LTV Breach may occur under the Margin Loan Agreement.

  • This view requires that the consultant bring to light potentially competing goals embedded in the client organization and seek to resolve them.


More Definitions of LTV Breach

LTV Breach means the actual LTV Ratio as of any date of determination exceeds the LTV Maximum Ratio. " LTV Maximum Ratio " has the meaning specified in the Letter Agreement.
LTV Breach means that the LTV Ratio on any date exceeds the LTV Maximum Ratio. “LTV Breach Notice” has the meaning specified in Section 2.09(a).
LTV Breach has the meaning set forth in Section 7.12(a)(i).
LTV Breach means, as of any date of determination, the actual LTV Ratio (as determined by Calculation Agent) equals or exceeds the Maximum LTV Ratio.

Related to LTV Breach

  • Serious Breach means any breach defined as a Serious Breach in the Agreement or any breach or breaches which adversely, materially or substantially affect the performance or delivery of the Services or compliance with the terms and conditions of the Agreement or the provision of a safe, healthy and supportive learning environment or a breach of security that adversely affects the Personal Data or privacy of an individual. Failure to comply with Law, or actions or omissions by the Provider that endanger the Health or Safety of Learners, Provider Personnel, and all other persons including members of the public would constitute a Serious Breach;

  • Major Breach means a breach of:

  • Data Breach means the unauthorized access by an unauthorized person that results in the use, disclosure or theft of Customer Data.

  • Non-Breaching Party has the meaning set forth in Section 9.2.1.

  • Credit Breach means the status of a Participant that does not currently meet the requirements of Tariff, Attachment Q or other provisions of the Agreements.

  • Breach means the acquisition, access, use, or disclosure of PHI in a manner not permitted 9 under the HIPAA Privacy Rule which compromises the security or privacy of the PHI.

  • Data Breaches Party shall report to AHS, though its Chief Information Officer (CIO), any impermissible use or disclosure that compromises the security, confidentiality or privacy of any form of protected personal information identified above within 24 hours of the discovery of the breach. Party shall in addition comply with any other data breach notification requirements required under federal or state law.

  • Minor Breach means a delay or non-performance by either Party of its obligations under the Agreement which does not materially, adversely or substantially affect the performance or delivery of the Service or the provision of a safe, healthy and supportive learning environment;

  • Privacy Breach means a common law breach of confidence, infringement, or violation of any rights to privacy, including but not limited to breach of the Insured’s privacy statement, breach of a person’s right of publicity, false light, intrusion upon a person’s seclusion, public disclosure of a person’s privacy information, or misappropriation of a person’s picture or name for commercial gain.

  • Persistent Breach means a Default which has occurred on three or more separate occasions with a continuous period of six (6) months.

  • Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.

  • Willful Breach means a material breach that is a consequence of an act undertaken or a failure to act by the breaching party with the knowledge that the taking of such act or such failure to act would, or would reasonably be expected to, constitute or result in a breach of this Agreement.

  • Security Breach means the unauthorized acquisition of or access to Customer Data by an unauthorized person that compromises the security, confidentiality, or integrity of Customer Data, including instances in which internal personnel access systems in excess of their user rights or use systems inappropriately. “Security Breach” shall also be deemed to include any breach of security, confidentiality, or privacy as defined by any applicable law, rule, regulation, or order.

  • Intentional Breach means, with respect to any agreement or covenant of a party in this Agreement, an action or omission taken or omitted to be taken by such party in material breach of such agreement or covenant that the breaching party intentionally takes (or fails to take) with actual knowledge that such action or omission would, or would reasonably be expected to, cause such material breach of such agreement or covenant.

  • Breaching Party has the meaning set forth in Section 12.2.

  • Remedy a Violation means to bring the structure or other development into compliance with state and community floodplain management regulations, or, if this is not possible, to reduce the impacts of its noncompliance. Ways that impacts may be reduced include protecting the structure or other affected development from flood damages, implementing the enforcement provisions of the ordinance or otherwise deterring future similar violations, or reducing federal financial exposure with regard to the structure or other development.

  • Substantial Breach means the following:

  • Serious violation means OCC has made a valid finding when assessing a serious complaint that alleges:

  • Terminating Company Breach has the meaning specified in Section 10.01(b).

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.

  • Customer Default has the meaning set out in clause 8.3.

  • Notice of Breach means a written notice delivered to the other party within the time period required under the definition of “Cause” or “Good Reason,” as applicable, that (a) indicates, as applicable, the specific provision in this Agreement that the party contends the other party has breached or the specific clause of the definition of “Cause” or “Good Reason” that the party alleges to exist, and (b) to the extent applicable, sets forth in reasonable detail the facts and circumstances Executive or the Company, as applicable, claims provide the basis for such breach or other condition.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Repeat violation means a violation of the same regulation in any location by the same person for which voluntary compliance previously has been sought within two years or a notice of civil violation has been issued

  • Cure means the distribution within a reasonable period of time following the Effective Date of Cash, or such other property as may be agreed upon by the parties or ordered by the Bankruptcy Court, with respect to the assumption or assumption and assignment of an executory contract or unexpired lease, pursuant to section 365(b) of the Bankruptcy Code, in an amount equal to all unpaid monetary obligations, without interest, or such other amount as may be agreed upon by the parties under such executory contract or unexpired lease, to the extent such obligations are enforceable under the Bankruptcy Code and applicable bankruptcy law.

  • Seller Default has the meaning set forth in Section 12.1.