LTV Percentage definition
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.