Maximum Loan Value definition

Maximum Loan Value means, at any time with respect to the Borrower’s assets constituting (a) Margin Stock, the “current market value” (within the meaning of Regulation U) thereof at such time, and (b) Non-Margin Assets, the “good faith loan value” (within the meaning of Regulation U) thereof at such time.
Maximum Loan Value. The maximum loan value is (1) plus (2) plus (3) minus (4) on the loan date, where:
Maximum Loan Value means, the sum of, without duplication, the following and, in each case, to the extent constituting Collateral:

Examples of Maximum Loan Value in a sentence

  • The Maximum Loan Value is 90% of the Policy Value less surrender charges.

  • In the event that the aggregate principal amount of the Loans exceeds the Maximum Loan Value of the Collateral, the Borrower shall promptly (and no later than one Business Day after such event) deposit cash in a Qualified Cash Deposit Account in an amount sufficient to cause the aggregate principal amount of the Loans no longer to exceed the Maximum Loan Value of the Collateral.

  • Maximum Loan Value The Maximum Loan Value on any date is the Cash Value on such date less three Monthly Deductions.

  • We will lend any sum up to the Certificate's Maximum Loan Value, less existing Debt.

  • Maximum Loan Value: The maximum loan value is the maximum amount of Account Value you may borrow.


More Definitions of Maximum Loan Value

Maximum Loan Value. The maximum loan value is:
Maximum Loan Value one-half (0.5) times the Collateral Value.
Maximum Loan Value. The maximum loan value is 90% of the net cash value as of the date of the loan.
Maximum Loan Value. The maximum loan value is determined by multiplying (1) by (2) where:
Maximum Loan Value as applied to the Stock, means fifty percent (50%) of the Current Market Value of such Stock.
Maximum Loan Value means, in respect of any Borrower, at any time with respect to such Borrower's assets constituting (i) Margin Stock, the "current market value" (within the meaning of Regulation U) thereof at such time, and (ii) Non-Margin Assets, the "good faith loan value" (within the meaning of Regulation U) thereof at such time.
Maximum Loan Value as used and defined in Section 221.8 of Regulation U of the Board of Governors of the Federal Reserve System, 12 C.F.R. [Section]221.8.