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Maximum LTV Ratio definition

Maximum LTV Ratio means an LTV Ratio of [***].
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Maximum LTV Ratio means, in respect of any Test Date and the determination of the LTV Ratio, the percentage rate calculated by reference to the table below: 31 December 2023 eighty per cent. (80%) 31 December 2024 seventy five per cent. (75%) 31 December 2025 seventy five per cent. (75%) 31 December 2026 seventy per cent. (70%) 31 December 2027 sixty five per cent. (65%) 31 December 2028 sixty per cent. (60%) 31 December 2029 fifty five per cent. (55%) 31 December 2030 fifty per cent. (50%) 31 December 2031 forty five per cent. (45%) 31 December 2032 forty per cent. (40%) 31 December 2033 thirty five per cent. (35%) 31 December 2034 thirty per cent. (30%) 31 December 2035 twenty five per cent. (25%) and in the case of testing the LTV Ratio in connection with Clause 21.1(c)(i)(A) on any date not referred to above, the then applicable Maximum LTV Ratio shall be the ratio which results from interpolating on a linear basis between the Maximum LTV Ratio applicable to the immediately preceding scheduled LTV Test Date and the Maximum LTV Ratio applicable to the immediately succeeding scheduled LTV Test Date.
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Maximum LTV Ratio means, as of any date of determination, 22.5%, as such percentage may be adjusted from time to time by Lender pursuant to Section 2.12.
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Examples of Maximum LTV Ratio in a sentence

  • As of any date of determination, the LTV Ratio is equal to or exceeds the product of (i) 1.25 multiplied by (ii) the Maximum LTV Ratio as of such date.


More Definitions of Maximum LTV Ratio

Maximum LTV Ratio means, as of any date of determination, (i) if the Minimum Diversification Factor as of such date is 5.0, 20% or (ii) if the Minimum Diversification Factor as of such date is 6.0, 25%. As of the Closing Date, the Maximum LTV Ratio shall be 25%.
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Maximum LTV Ratio has the meaning given to such term in the Fee and Ratio Letter;
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Maximum LTV Ratio means 85.0%.
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Maximum LTV Ratio means at any time, 80%. “Maximum Rate” has the meaning set forth in Section 11.10. “Merchant Project” means a Project that sells its energy output into a wholesale power market. “Money” shall have the meaning specified in Section 1-201(24) of the UCC. “Moody’s” means Xxxxx’x Investors Service, Inc. and any successor thereto.
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Maximum LTV Ratio means 72.5%
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Maximum LTV Ratio means seventy-five percent (75%). 48127372_10
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Maximum LTV Ratio. ’ means (a) the amount actually drawn under the Loan to (b) the aggregate principal amount of all the Convertible Bonds actually issued by the Company and successfully subscribed by the Borrower, which shall be no more than 75%.
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