Maintenance LTV Ratio definition

Maintenance LTV Ratio has the meaning specified in Schedule 9.
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Maintenance LTV Ratio means 70.0%.
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Maintenance LTV Ratio means an LTV ratio of [* * *].
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Examples of Maintenance LTV Ratio in a sentence

  • If the Borrower does not intend to satisfy such Margin Call Notice, the Borrower shall cause the Loans to be repaid no later than [* * *] on the Margin Call Payment Date in an amount sufficient to reduce the LTV Ratio to less than the Maintenance LTV Ratio.


More Definitions of Maintenance LTV Ratio

Maintenance LTV Ratio means, as of any date of determination, the percentage determined by dividing (a) the Loan Amount as of such date by (b) the product of (x) the sum of the number of Initial Units and the number of Underlying Units then included in the Collateral and (y) the Maintenance Price.
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Maintenance LTV Ratio means 63.5%.
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Maintenance LTV Ratio means an LTV ratio of [* * *]. “Margin Call Day” has the meaning specified in Section 2.07(a).
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Related to Maintenance LTV Ratio

  • LTV Ratio With respect to any Mortgage Loan, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the scheduled principal balance of such Mortgage Loan, as of such date (assuming no defaults or prepayments on such Mortgage Loan prior to that date), and the denominator of which is the Appraised Value of the related Mortgaged Property.

  • Debt Service Coverage Ratio means a ratio for the applicable period in which:

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Interest Coverage Ratio means, as of any date, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the Test Period as of such date.