LTV Percentage definition

LTV Percentage means, at any time, the quotient (expressed as a percentage) of (a) the Total Outstandings divided by (b) the Collateral Value.
LTV Percentage means, as of any date of determination, a fraction expressed as a percentage which is the result of dividing (x) the aggregate amount of all outstanding Obligations under the Facility as of such date (the numerator) by (y) the Valuation Amount as of such date (the denominator) as such Valuation Amount shall be adjusted based on the reasonable estimates of the Master Servicer to reflect the impact of sales by the Borrowers of certain Library Titles and related Collateral from time to time.
LTV Percentage means the ratio calculated by Lender (expressed as a percentage) of (i) the then Outstanding Principal Balance of the Loan and any New Mezzanine Loan (excluding the amount of any Defeased Note) to (ii) the Appraised Value of the Properties remaining subject to the Lien of the Loan Documents after giving effect to the release of the Property in question.

Examples of LTV Percentage in a sentence

  • Immediately after giving effect to such Advance, the LTV Percentage shall be less than the Maintenance LTV Percentage.

  • After giving effect to such Borrowing, the LTV Percentage shall not exceed the Maximum LTV Percentage.

  • Permit the Total Outstandings to be greater than the applicable LTV Percentage multiplied by the Realizable Orderly Liquidation Value of registered Trademarks of the Loan Parties, DVS and With You, as applicable, as determined pursuant to the most recent appraisal conducted by or on behalf of the Agent with respect to such registered Trademarks pursuant to Section 6.10(b).

  • The LTV Percentage is therefore %, which complies with clause 8.1.8 of the Loan Agreement.

  • The LTV Percentage shall not exceed the Maximum LTV Percentage, in each case, as of the Phase 2 Closing Date.


More Definitions of LTV Percentage

LTV Percentage means the ratio (expressed as a percentage) of (x) the aggregate of the Loan less any monies deposited into a blocked account pursuant to clause 8.1.8(b) to (y) the aggregate Market Value of the Property;
LTV Percentage means, at any time, a percentage amount equal to the quotient of (a) the unpaid principal balance of the Loans outstanding hereunder at such time, divided by (b) the Eligible NAV at such time.
LTV Percentage means as of the Effective Date, sixty (60%) percent; provided that the LTV Percentage shall decrease on the date of each required amortization payment of the Term Loans made pursuant to Section 2.06(a) and (b) hereof to a percentage equal to the Loan to Value Ratio as calculated after giving effect to each such repayment of the Term Loans; provided further that in no event shall the LTV Percentage at any time be less than fifty (50%) percent.
LTV Percentage means the ratio calculated by L▇▇▇▇▇ (expressed as a percentage) of (i) the sum of the Principal and the outstanding principal balance of the Mortgage Loan to (ii) the Appraised Value of the Property.
LTV Percentage means the amount advanced by CA to the Borrower in respect of each Loan expressed as a percentage of the value of the property concerned on a forced sale basis.
LTV Percentage means the percentages set forth below:
LTV Percentage means the percentages set forth below: From and after the First Amendment Effective Date through and including the second anniversary of the First Amendment Effective Date 50% After the second anniversary of the First Amendment Effective Date through and including the third anniversary of the First Amendment Effective Date 47.5% After the third anniversary of the First Amendment Effective Date through and including the fourth anniversary of the First Amendment Effective Date 45% After the fourth anniversary of the First Amendment Effective Date through and including the Maturity Date 42.5%