Value Ratio definition

Value Ratio. With respect to any Mortgage Loan, as of any date of determination, a fraction expressed as a percentage, the numerator of which is the then current principal amount of the Mortgage Loan, and the denominator of which is the Appraised Value of the related Mortgaged Property.

Value Ratio is hereby included in Section 1.1 of the Standard Terms:

Value Ratio means, with respect to a Series, a percentage equal to the fair market value of the Bonds related to such Series of Variable Certificates as determined based on a Quotation of Bond Price, divided by the Stated Amount of Variable Certificates of such Series.

Examples of Value Ratio in a sentence

• Lower original maturity for asset backed retail loans means faster buildup of borrowers’ equity into the asset as well as his higher borrowing capacity.• Loan to Value Ratio: Loan to Value ratio means value of the loan taken compared to value of the assets offered as security.

• Other factors that will be considered are loan type, size of the loan, average original maturity of the pool, Loan to Value Ratio, geographical distribution, liquid facility, default rate distribution, credit enhancement facility and structure of the pool.

• This relationship is referred to as the “Improvement to Land Value Ratio," or “I:L.” The values used are real market values.

• It means the aggregate amount of Mortgage Receivables provided that (i) any Defaulted Receivables and those Mortgage Receivables for which a breach of the representations and warranties granted under clause of the Warranty and Indemnity Agreement has occurred and has not been remedied will not be considered for the purpose of the calculation and (ii) any Mortgage Receivables in respect of which the Loan to Value Ratio exceed the percentage limit set forth under Article 2, para.

• The non-IFRS financial measures used in this MD&A include funds from operations (“FFO”), core funds from operations (“Core FFO”), adjusted funds from operations (“AFFO”), earnings before interest, taxes, depreciation and amortization (“EBITDA”), net operating income (“NOI”), net operating income margin (“NOI Margin”), Debt, Debt to Gross Real Estate Value Ratio, and Gross Real Estate Value.

More Definitions of Value Ratio

Value Ratio representing the sum of the Original Loan Balance plus Original Senior Lien Amount to the Original Appraised Value Original Appraised Value Appraised value at time of 550562 application. Original Appraisal Date Date of the original Appraisal 12/1/2004 Original Appraisal Firm Name of the Appraisal firm Union Appraisals Appraisal Form Type Form 1040 U, 2005 Appraisal Review Type Desk Top, Drive By Original Purchase Price Price paid for home. 360000 Purchase BPO BPO at the time of Purchase by GS. 580000 Purchase BPO Date Date of the Purchase BPO 12/1/2004 Purpose of Loan Code/literal used to identify the Purchase original purpose of the loan. ( case-out refi, refi, purchase, construction, etc) Cash-out Amount The Amount that the borrower 10000 removed from the loan Prepayment Flag Code/Flag to determine if loan was Y originated with a prepayment penalty. (Y / N) Prepayment Penalty Type Code/literal to identify 6 Months Interest characteristics of penalty. on 80% Example: 6 MO INT ON 80% OBAL, 5/4/3/2/1, 0%. Prepayment Term Original number of months that 24 penalty was imposed. Arm Index Description Code/literal used to identify the 6ML specific underlying index that adjustable rate loans will reset from. (6 Months Libor, 1 Yr CMT, etc) Margin The spread above the index value 3.65 that a new rate on adjustable rate loans will be set to; subject to caps and rounding. (stated in percent) ARM Rounding Feature Code/literal used to identify the 0.125 method to be used when computing new rate on adjustable rate loans. (stated in percent)

Value Ratio means, as of any date of calculation, the percentage derived by dividing (i) the market value of the Enhanced Bonds on such date (as determined, subject to the provisions of Section 4(f) and (g) hereof, by the Pledgee in its sole discretion) by (ii) the principal amount of such Enhanced Bonds on such date multiplied by, in the case of the Mxxxxxx Lxxxx Enhanced Bonds, the Credit Enhancement Principal Coverage Factor on such date.

Value Ratio. The original principal amount of a Mortgage Loan divided by the Original Value; provided, however, that references to “current Loan-to-Value Ratio” or “Loan-to-Value Ratio as of the Cut-Off Date” in Section 2.08 shall be deemed to mean the then current Principal Balance of a Mortgage Loan divided by the Original Value.

Value Ratio. With respect to any Mortgage Loan as of any date of determination, the ratio, expressed as a percentage, the numerator of which is the outstanding principal balance of such Mortgage Loan at origination and the denominator of which is the Appraised Value of the related Mortgaged Property.

Value Ratio. With respect to any Mortgage Loan as of any date of determination, the ratio, expressed as a percentage, of the outstanding principal balance of the Mortgage Loan on such date, to the Appraised Value of the related Mortgaged Property. LPMI: Lender paid mortgage insurance. LTV: Loan-to-Value Ratio. Master Servicer: Xxxxx Fargo Bank, N.A., together with its successors and assigns, as master servicer with respect to any Securitization Transaction, or any other master servicer designated as such with respect to any Securitization Transaction.

Value Ratio. The original principal amount of a Mortgage Loan divided by the Original Value; however, references to "current Loan- to-Value Ratio" shall mean the then current Principal Balance of a Mortgage Loan divided by the Original Value. Master Servicer: The Company, or any successor thereto appointed as provided pursuant to Section 7.02, acting to service and administer the Mortgage Loans pursuant to Section 3.01.

Value Ratio. With respect to any Mortgage Loan as of any date of determination, the ratio, expressed as a percentage, on such date of the outstanding principal balance of the Mortgage Loan to the Appraised Value of the related Mortgaged Property. LPMI: Lender paid mortgage insurance. LTV: Loan-to-Value Ratio.