Minimum Collateral Value definition

Minimum Collateral Value means (1) as of the Designated Sale Date or any prior date, an amount equal to the Collateral Percentage multiplied by the Stipulated Loss Value determined as of that date in accordance with the Improvements Lease; and (2) as of any date after the Designated Sale Date, an amount equal to the Break Even Price plus any unpaid interest accrued on past due amounts payable pursuant to Paragraph 1(a) of the Purchase Agreement.

Minimum Collateral Value means (1) as of the Designated Sale Date or any prior date, an amount equal to the Collateral Percentage multiplied by the Stipulated Loss Value determined as of that date in accordance with the Land Lease; and (2) as of any date after the Designated Sale Date, an amount equal to the Break Even Price plus any unpaid interest accrued on past due amounts payable pursuant to Paragraph 1(a) of the Purchase Agreement.

Minimum Collateral Value means the product of the aggregate outstanding principal and interest on the Loans multiplied by four (4).

Examples of Minimum Collateral Value in a sentence

• On each Base Rent Date, NAI must deliver to Agent, subject to the pledge and security interest created hereby, funds as Cash Collateral then needed (if any) to cause the Value of the Collateral to be no less than the Minimum Collateral Value.

• On the Effective Date and each Business Day thereafter, including each Base Rent Date, LRC must deliver to BNPPLC for deposit directly into the Transition Account, or (if directed to do so by BNPPLC) deliver to Deposit Takers for deposit directly into the Deposit Accounts, in either case subject to the pledge and security interest created hereby, funds as Cash Collateral then needed (if any) to cause the Value of the Cash Collateral to be no less than the Minimum Collateral Value.

• Maintain the Value of the Pledged CD in an amount equal to or greater than the Minimum Collateral Value.

• When the first critical threshold has been broken (Minimum Collateral Value), the trader phones the Client and calls on them to deposit further funds ("margin-call") so that the percentage of the collateral once again reaches the level set for the initial margin – (Initial Collateral Value).

• Irene Keenan for District 3 and Robert Bryan for District 1 will be sworn in for a three year term at July's Council meeting.

More Definitions of Minimum Collateral Value

Minimum Collateral Value means (i) prior to the issuance or incurrence of any Permitted Senior Debt pursuant to Section 9.02(j), an amount equal to the then effective Borrowing Base and (ii) immediately prior to the issuance or incurrence of any such Permitted Senior Debt and at all times thereafter, an amount equal to 75% of the total PV9% value of all of Borrower’s and the Restricted Subsidiaries’ proved reserves, in each case based upon the Administrative Agent’s then current commodity price projections and assumptions.

Minimum Collateral Value means (1) as of the Designated Sale Date or any prior date, an amount equal to the Lease Balance determined as of that date in accordance with the definition thereof in the Common Definitions and Provisions Agreement; and (2) as of any date after the Designated Sale Date, an amount equal to the Make Whole Amount computed as of that date under and as defined in the Purchase Agreement; except that after the Designated Sale Date, if any Supplemental Payment which may be required has been paid, and so long as no 97-1/Default (100%) (as defined in the Purchase Agreement) has occurred and is continuing, the Minimum Collateral Value will be zero.

Minimum Collateral Value means an aggregate principal amount equal to all Obligations owing from Borrower to Bank under the Revolving Non-Formula Line.

Minimum Collateral Value means, in respect of any Ex-Dividend Date, 2.5 times the difference of (a) the Termination Notional Amount (as defined in the Contract) as of such Ex-Dividend Date less (b) the Remaining Cash Collateral as of such Ex-Dividend Date.

Minimum Collateral Value means (i) prior to the issuance or incurrence of any Permitted Senior Debt pursuant to Section 9.02(j), an amount equal to the then effective Borrowing Base and (ii) immediately prior to the issuance or incurrence of any such Permitted Senior Debt and at all times thereafter, an amount equal to 75% of the total PV9% value of all of Borrower’s and its Restricted Subsidiaries’ proved reserves, in each case based upon the Administrative Agent’s then current commodity price projections and assumptions.

Minimum Collateral Value means an aggregate principal amount equal to $2,000,000.

Minimum Collateral Value means two hundred (200%) percent of the aggregate principal amount of the Loans outstanding on the date of determination.