LTV Determination Date definition
LTV Determination Date has the meaning set forth in Section 5.16(b).
LTV Determination Date means the Conversion Date and the Second LTV Determination Date.
LTV Determination Date means 30 April of each year of the term of the Notes.
Examples of LTV Determination Date in a sentence
Upon such Advance Date having occurred in accordance with the foregoing sentence (which, in order to effect an LTV Cure, shall have occurred on or prior to the relevant LTV Determination Date or LTV Cure Date), such Aircraft shall be considered an Aircraft and an Additionally Financed Aircraft in all respects.
More Definitions of LTV Determination Date
LTV Determination Date means (i) each Release Date, (ii) the first Payment Date occurring hereunder and, thereafter, each successive three-month anniversary of such date, (iii) the date of the sale or removal of any Portfolio Aircraft from the Portfolio, (iv) the date of the substitution of a Non-Portfolio Aircraft for a Portfolio Aircraft, (v) the date of any prepayment of the Drawings pursuant to Section 2.03 of this Agreement, (vi) the date of the release of any LTV Cash Collateral from the LTV Securities Account to the Borrower, and (vii) the date of a Total Loss.