Required LTV definition

Required LTV is defined in Section 43(b).

Required LTV means the product of (a) 75% and (b) the Actual Initial LTV divided by 65.2%.

Required LTV means 65%.

Examples of Required LTV in a sentence

• Notwithstanding anything contained herein to the contrary, the maximum amount that shall be outstanding under the Loan shall not exceed the lesser of a) — Dollars; b) the Required LTV; or c) Loan to cost of eighty-five percent (85.00%).

• Anything to the contrary notwithstanding, any Waivable Mandatory Prepayment that is refused by a Term A Lender shall nevertheless be considered to reduce the outstanding principal amount of the Term A Loan for purposes of the LTV Percentage Calculation and Required LTV Percentage Calculation.

• Borrower will not permit the Loan to Value Ratio (as defined below) to exceed eighty percent (80%) (the "Required LTV").

• As used herein with respect to the Real Estate Term Loan and the Lufkin Real Property, "Required LTV Percentage" means seventy percent (70%).

More Definitions of Required LTV

Required LTV means 64%.

Required LTV means 75%.

Required LTV means 69%.

Required LTV means 71%.

Required LTV means, with respect to any Margin Facility, any loan-to-value ratio that must be maintained to avoid an acceleration, margin call or mandatory prepayment thereunder, as determined by the Calculation Agent.

Required LTV means 70%.

Required LTV means 52%.