Original Effective LTV means, with respect to any Collateral Obligation, the Effective LTV of such Collateral Obligation as calculated by the Servicer and approved by the Facility Agent in accordance with the definitions of Effective LTV and the definitions used therein and set forth in the related Approval Notice.
Original Effective LTV means, with respect to any Collateral Obligation, the Effective LTV of such Collateral Obligation as calculated by the Servicer (and, to the extent set forth in the Asset Approval Request, approved by the Administrative Agent in its sole discretion) in accordance with the definitions of Effective LTV and the definitions used therein and set forth in the related Approval Notice.
Examples of Original Effective LTV in a sentence
COLLATERAL OBLIGATION INFORMATION Obligor Name Domicile Eligible Currency Obligor EBITDA (including cash and non-cash adjustments) Maturity Date Interest coupon/ spread above LIBORTerm SOFR Principal Balance Pledged Amount1 Purchase Price Original Leverage Multiple Original Effective LTV Maximum Effective LTV (before triggering a Revaluation Event) 1 Defined as the outstanding principal balance of such Collateral Obligation prior to any adjustments.