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

  • For more information on the valuation process and criteria used for a Further Advance, including the use of desktop valuations, see section headed "– Characteristics of the Mortgage Loans – Maximum LTV Ratio".

  • Lender shall have the right at any time and from time to time, upon 100 days’ prior written notice to Borrower, to adjust the Initial LTV Ratio and/or the Maximum LTV Ratio in its sole and absolute discretion, including the right to adjust either to zero.

  • Lender agrees, on the terms and conditions herein set forth, to make a single term loan (the “Advance”) on the Closing Date to Borrower in Dollars upon Borrower’s request, in an amount equal to the lesser of (a) the Facility Limit and (b) the product of the Initial Maximum LTV Ratio times the Value of the Eligible Collateral.

  • If at any time the actual loan to value ratio exceeds the Maximum LTV Ratio, the Borrower shall elect to do either of the following to restore compliance with the Maximum LTV Ratio: 1) Pledge additional assets acceptable to the Bank, or 2) Reduce the outstanding amount under the Loan.

  • The LTV Ratio will not (i) at any time exceed the Maximum LTV Ratio, (ii) as of the date hereof or on any Borrowing Date, without Lender’s consent, exceed 25% (“Initial LTV Ratio”), or (iii) upon withdrawal of Property from the Custody Account by Borrower, exceed the Initial LTV Ratio.


More Definitions of Maximum LTV Ratio

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. A third-party MAI appraisal ("Appraisal") acceptable to and addressed to Lender must show sufficient value so that the Loan Amount does not exceed 70.0% of the value of the Property at the time of closing. The Appraisal must also address, to Lender's satisfaction, market rents, vacancy and tenant improvement and leasing commission costs, all of which will be among the items used by Lender in determining cash flow available for debt service.
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Maximum LTV Ratio means an LTV Ratio of 50%.
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Maximum LTV Ratio means 72.5%
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Maximum LTV Ratio has the meaning assigned to such term in Section 2.1(b).
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