Market Valuation Manual definition

Market Valuation Manual means, at any time, the manual of the same name in the form appearing at Schedule 8 to the Trust Deed amended from time to time in accordance with the provisions of the Trust Deed and the Security and Intercreditor Deed (including for the avoidance of doubt (x) by the Rating Agencies in respect of any Advance Rates contained or to be contained therein (provided that any increase in an Advance Rate shall be subject to the consent of the Controlling Class Agent) and (y) at the direction of the Trustee to modify references to the applicable Specified Notes).
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Market Valuation Manual means, at any time, the manual of the same name in the form appearing at Schedule 1 to the Senior Management Agreement amended from time to time in accordance with the provisions of the Senior Management Agreement (including for the avoidance of doubt the receipt of Rating Agency Confirmation in respect of any Advance Rates contained therein).
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Examples of Market Valuation Manual in a sentence

  • Certain of the Collateral valuation procedures provided for by the Market Valuation Manual may cause the calculated Market Value of the Collateral on any date to vary from the actual Market Value of the Collateral.

  • The decision by any prospective Holder of VF Notes or Notes to invest in such VF Notes or Notes should be based, among other things, on an evaluation of the Market Valuation Manual and the Over-Collateralisation Tests.

  • The Market Valuation Manual sets out certain limitations as to the concentration of Issuer Investments that may be acquired from time to time.

  • Under the Transaction Documents the Issuer is obliged to observe the Over-Collateralisation Tests established by reference to the Market Valuation Manual which in turn reflects coverage expectations of the Rating Agencies.

  • The extent of the Issuer's permitted leveraging at any time will be determined by reference to the Market Value of the Issuer's investments established in accordance with the Market Valuation Manual.

  • This Offering Circular does not contain any information regarding the individual Issuer Investments on which the VF Notes and Notes will be secured from time to time, however the Market Valuation Manual is set out in full herein.Neither the Issuer nor the Initial Purchaser has made, or will make, any investigation into the obligors under the Issuer Investments.

  • Although the Investment Manager will not perform independent credit analyses of the synthetic counterparties on behalf of the Issuer, any such synthetic counterparty, or an entity guaranteeing such synthetic counterparty, individually and in the aggregate, will be required to satisfy, at the time of purchase, the applicable rating requirement for Eligible Counterparties for purposes of the Market Valuation Manual.

  • The extent of the Issuer's permitted leveraging at any time will be determined by reference to the Market Value of the Issuer Investments established in accordance with the Market Valuation Manual.

  • This Prospectus does not contain any information regarding the individual Issuer Investments on which the VF Notes and Notes will be secured from time to time, however the Market Valuation Manual is set out in full herein.

  • Consistently with the limitations set out in the Market Valuation Manual and the Investment Management Agreement, the Issuer's investment strategy may utilise such investment techniques as margin transactions, leverage and the use of synthetic instruments, swaps, options on securities, forward contracts and other derivative instruments, which practices can, in certain circumstances, magnify the adverse impact to the Issuer.

Related to Market Valuation Manual

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.