Collateral Ratio definition

Collateral Ratio means, at any date, the ratio of:

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Collateral Ratio means, as to any Borrower, the ratio of (a) the sum of the Loan Value of Direct Collateral of such Borrower plus the Borrower Collateral Percentage of the Loan Value of Indirect Collateral to (b) the aggregate principal amount of the Loans of such Borrower then outstanding.

Collateral Ratio means a percentage determined by dividing (i) the aggregate principal amount of all Securities Outstanding minus the sum of the Cash Collateral held by the Collateral Agent by (ii) the Fair Market Value of all Collateral (excluding any Cash Collateral), as set forth in the most recent Independent Appraiser's Certificate delivered by the Company pursuant to Article 2 of the Collateral Maintenance Agreement, as supplemented pursuant to Section 3.1 of the Collateral Maintenance Agreement, if applicable.

Examples of Collateral Ratio in a sentence

If Lender requires Borrower to contribute Additional Collateral, it shall send an email notification (the” Margin Notification”) to the Borrower Email that sets forth: (i) the value of the Loaned Assets, (ii) the value of the Collateral, (iii) the Margin Call Rate, if applicable, and (iv) the amount of Additional Collateral required based on the Collateral Ratio or, if applicable, the Margin Call Rate.
Borrower may, in its sole discretion, elect to that payment of the Additional Collateral shall be made by bank wire to the account, or if applicable the Digital Currency Address, specified in the Loan Term Sheet or by a return of the amount of Loaned Assets necessary to obtain the Required Collateral Ratio.
If the Collateral Ratio drops below the Margin Call Limit, the Lender shall have the right to require the Borrower by way of a margin call (each a “Margin Call”) to provide the Lender with additional Collateral (the “Additional Collateral”) to cause the Collateral Ratio to be equal to the value listed in the Loan Term Sheet (the “Initial Collateral Ratio”).
Borrower shall have twenty-four 24 hours from the time such Margin Notification is delivered to the Borrower Email (the “Margin Notification Time Period”), to (x) respond and send payment to Lender in accordance with subsection (f) below, or (y) respond that the Required Collateral Ratio has once again been obtained.
The Collateral Ratio shall be measured against a threshold value specified in the applicable Loan Term Sheet (the “Margin Call Limit”).

More Definitions of Collateral Ratio

Collateral Ratio has the meaning given to it under Clause 6.5 (Collateral Ratio).

Collateral Ratio means, as of any date of determination, a percentage determined by dividing (i) the outstanding principal balance of the Securities as of such date minus the sum of the Cash Collateral then held by the Securities Intermediary by (ii) the Fair Market Value of all Collateral (excluding Cash Collateral), as set forth in the most recent Independent Appraiser’s Certificate delivered by the Company pursuant to Section 4.10.

Collateral Ratio means the Class A Collateral Ratio or the Class B Collateral Ratio, as applicable.

Collateral Ratio has the meaning ascribed to it in Section 4.07(b)(iii)(C).

Collateral Ratio is defined as set forth in Section IV(d).

Collateral Ratio means the ratio, calculated as a percentage, of (i) the aggregate fair market value, (as determined in good faith by the chief financial officer of the Company), as of the date of determination, of the Collateral (excluding any Capital Stock of any Person that is not a member of the Secured Group but including the book value of any Permitted Joint Ventures or JV Holding Companies owned by members of the Secured Group) to (ii) the aggregate principal amount of Collateralized Debt as of the date of determination; provided that, to the extent that at the date of determination such Collateral includes any real property, the aggregate fair market value of such real property Collateral shall be determined based on an appraisal by an independent appraiser within the preceding 18 months, as adjusted by the chief financial officer in good faith to reflect changes since the date of such appraisal.

Collateral Ratio means a percentage determined by dividing (i) the aggregate outstanding Original Amount of all Series G Equipment Notes minus the sum of the Cash Collateral held by the Securities Intermediary by (ii) the Fair Market Value of all Collateral (excluding any Cash Collateral), as set forth in the most recent Independent Appraiser’s Certificate delivered by the Owner pursuant to Article 2 of the Collateral Maintenance Agreement, as supplemented pursuant to Section 3.1 of the Collateral Maintenance Agreement, if applicable.