Collateral Value Deficiency definition

Collateral Value Deficiency if the Collateral Coverage Ratio is less than 1.5 to 1.0.

Collateral Value Deficiency means the amount by which (a) the sum of the aggregate outstanding principal amount of all Tranche A Loans plus all Tranche B Loans plus all Letter of Credit Outstandings exceeds (b) the then current Collateral Value.

Collateral Value Deficiency means, as of any date of determination, the positive amount, if any, equal to the difference of (i) 135% of (x) the sum of the aggregate outstanding amount of principal of and accrued interest on the Loan on such date plus the aggregate outstanding amount of principal of and accrued interest on the US Airways Loan on such date less (y) the Minimum Adjusted Cash Amount required to be maintained by the Obligors on such date minus (ii) the Collateral Value as of such date.

Examples of Collateral Value Deficiency in a sentence

• With respect to any Mortgage Loan, a "Collateral Value Deficiency" shall mean any time the excess, if any, of (a) the outstanding Purchase Price of such Mortgage Loan as defined in Section 2(a) hereof over (b) the Market Value of such Mortgage Loan.

• Permit EPPG to declare or make any distributions, whether in cash or property or in obligations of EPPG, to its general partner or limited partners if a Default, Event of Default, Borrowing Base Deficiency or Collateral Value Deficiency shall have occurred and be continuing at the time of such distribution.

• Data of Bodies, States, and Organisations, that do not provide their data by protocol means, is hosted at the Central European DSA and maintained by the Central Administrator on behalf of the respective Body, State, or Organisation.

• Notwithstanding the foregoing, the "Purchase Price" for each Mortgage Loan will be reduced by the amount of any Collateral Value Deficiency paid by NCCC with respect to such Mortgage Loan.

• Upon the occurrence and during the continuance of a Collateral Value Deficiency under Section 5.8(d), the Borrower shall prepay the Loan if and to the extent required thereunder; provided, however, that the Borrower shall not be obligated to so prepay the Loan if and to the extent that the Borrower or another Obligor is required to prepay the US Airways Loan pursuant to Section 5.8(d) of the US Airways Loan Agreement to cure a Collateral Value Deficiency thereunder (and as defined therein).

More Definitions of Collateral Value Deficiency

Collateral Value Deficiency means any time the excess, if any, of (a) the outstanding Purchase Price of such Mortgage Loan as defined in Section 2(a) hereof over (b) the Market Value of such Mortgage Loan. "Market Value" shall mean, as of any date in respect of any Mortgage Loan, the value of such Mortgage Loan as determined by SBRC in its sole discretion. SBRC shall have the right to xxxx-to-market any Mortgage Loan on a daily basis.

Collateral Value Deficiency means the amount by which (a) the sum of the aggregate outstanding principal amount of all Loans exceeds (b) the then current Collateral Value.

Collateral Value Deficiency means any time the excess, if any, of (a) the outstanding Purchase Price of such Mortgage Loan as defined in Section 2(a) hereof over (b) the Market Value of such Mortgage Loan. "Market Value" shall mean, as of any date in respect of any Standard Mortgage Loan, Special Risk Mortgage Loan or Non-Standard Mortgage Loan, the value of such Mortgage Loan as determined by SBRC in its sole discretion. SBRC shall have the right to xxxx-to-market any Mortgage Loan on a daily basis.

Collateral Value Deficiency means, as of any date, the amount, as determined by Lender in its sole discretion, by which the sum of (i) the outstanding Loan Indebtedness and (ii) $3,000,000.00 exceeds the Collateral Value.

Collateral Value Deficiency means any time the excess, if any, of (a) the outstanding Purchase Price of such Mortgage Loan as defined in

Collateral Value Deficiency means as of any date, the amount, if any, that equals (i) [ ]% of the outstanding principal amount of the Loan as of such date, minus (ii) the sum of (A) the then aggregate Collateral Value and (B) $50,000,000.

Collateral Value Deficiency means, as of any date, the positive amount, if any, that equals (i) $424,000,000, minus (ii) the sum of (A) 100% of all prepayments made from Excess Cash Flow pursuant to Section 5.8(d) prior to such date and (B) 47.4% of the aggregate amount of all other repayments of principal of the Loan made prior to such date, minus (iii) the Collateral Value as of such date.