Examples of Recovery Value in a sentence
Expressed in words, this is (1) the product of the Reference Entity Notional Amount in respect of the affected Reference Entity and the Final Price or Auction Final Price, as applicable, in respect of the affected Reference Entity (the "Recovery Value") minus (2) the Unwind Costs.
If the As Filed NBC-A&E Tax Basis is greater than the NBC-A&E Tax Basis or the adjusted tax basis of the NBC-A&E Interest used by the IRS is greater than the As Filed NBC-A&E Tax Basis, as the case may be, then Redemption Party shall promptly remit to the Company an amount equal to such Estimated Tax Recovery Value.
Note Sales (Individual or Bulk) Approval to accept down to 90% of Estimated Recovery Value (ERV) after REO on an individual note or on an aggregate basis in a bulk sale.
Nonprogram properties are offered for sale at the lower of Net Recovery Value (NRV) or the appraised value multiplied by the applicable liquidation value factor.
With respect to any Collateral Debt Security as of any date of determination, the Recovery Value will be the lower of Moody’s Recovery Amount and the S&P Recovery Amount.