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 means, the sum of, without duplication, the following and, in each case, to the extent constituting Collateral:
Maximum Loan Value. The maximum loan value is (1) plus (2) plus (3) minus (4) on the loan date, where:
Examples of Maximum Loan Value in a sentence
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.
More Definitions of Maximum Loan Value
Maximum Loan Value. The maximum loan value is:
Maximum Loan Value. The maximum loan value is determined by multiplying (1) by (2) where:
Maximum Loan Value one-half (0.5) times the Collateral Value.
Maximum Loan Value as applied to the Stock, means fifty percent (50%) of the Current Market Value of such Stock.
Maximum Loan Value means, at any time, the "maximum loan value" (as such term is defined in Regulations G and U which value, as of the date of this Agreement, is 50%) of all Margin Stock owned by the Obligors. All determinations of Credit Agreement ---------------- Maximum Loan Value pursuant to this Agreement shall be made in accordance with Regulations G and U.
Maximum Loan Value of assets means the “maximum loan value” of such assets as defined in Regulation U.