Common use of LTV Test Clause in Contracts

LTV Test. If, on any day other than an LTV Test Date, an LTV Event occurs, the Borrower may, at any time thereafter remedy such LTV Event by: (i) prepaying the Loans in accordance with Section 2.08(b); (ii) providing Additional Collateral in accordance with Section 7.05.

Appears in 2 contracts

Sources: Amendment No. 1 (Willis Lease Finance Corp), Secured Credit Agreement (Willis Lease Finance Corp)