Current LTV Sample Clauses

The 'Current LTV' clause defines how the current loan-to-value (LTV) ratio is calculated and monitored within a financial agreement. Typically, this clause specifies the method for determining the ratio of the outstanding loan balance to the current appraised value of the collateral, such as real estate or other assets. For example, it may require periodic revaluation of the collateral to ensure the LTV remains within agreed thresholds. The core function of this clause is to manage risk by ensuring that the lender's exposure remains proportionate to the value of the secured asset, thereby protecting both parties from significant fluctuations in asset value.
Current LTV. The ratio of the Stated Principal Balance of a Mortgage Loan to the Current Appraised Value of the Mortgaged Property.
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Related to Current LTV

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Current Liabilities Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

  • Pro Forma Balance Sheet The Administrative Agent shall have received the Pro Forma Balance Sheet in form and substance satisfactory to the Administrative Agent and the Required Lenders;

  • Funded Debt 4 GAAP........................................................................................................4

  • Consolidated Senior Leverage Ratio Permit the Consolidated Senior Total Leverage Ratio as of the end of each of the Fiscal Quarters ending on the dates set forth for the period of four Fiscal Quarters ending on such date below to be greater than the ratio set forth below opposite such period: March 31, 2008 through December 31, 2008 3.50 to 1.00 March 31, 2009 through December 31, 2009 3.25 to 1.00 March 31, 2010 through December 31, 2010 3.00 to 1.00 March 31, 2011 through December 31, 2011 2.50 to 1.00 March 31, 2012 through December 31, 2013 2.25 to 1.00