Lending Value definition

Lending Value means the value that FHLBank shall from time to time, in its sole discretion, ascribe to the various types of Collateral.

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Lending Value means the total Project cost, including land;

Lending Value means the percentage set forth on Schedule I of the fair market value, as determined by the Bank from time to time, of the relevant class of Collateral (any item not listed to have such Lending Value, if any, as the Bank may fix from time to time), subject, in the case of any security which, under the circumstances, is covered by Regulation U or Regulation X of the Federal Reserve Board, to any maximum margin percentage imposed by such Regulations; provided that, notwithstanding Schedule I, the Bank may change or eliminate the percentage applicable to any class of Collateral at any time without prior notice to the Customer. The Customer agrees immediately to deliver additional Collateral to the Bank to the extent that, at any time, the aggregate Lending Value of the Collateral is less than the Required Lending Value.

Examples of Lending Value in a sentence

The Institution shall at all times have granted FHLBank a security interest in an amount of Eligible Collateral that has a Lending Value at least equal to the Required Collateral Amount applicable to the Institution.
Any amounts capitalised under this Clause 10.3 will not constitute an increase in the Credit Limit, nor is it an agreement by the Lender to a change in the Lending Value, and the Borrower must comply with Clauses 3.7 and 3.8 where applicable.
Immediately upon FHLBank’s request, and from time to time thereafter, the Institution shall provide FHLBank an amount of Listed Collateral which is also Eligible Collateral that has a Lending Value at all times at least equal to the Required Collateral Amount applicable to the Institution.
If the Lending Value of the Eligible Collateral owned by the Institution shall at any time fall below the Required Collateral Amount, the Institution shall immediately notify FHLBank.
Any Collateral that is not satisfactory to FHLBank may be rejected by FHLBank or may have a Lending Value ascribed thereto that shall be less than the value normally ascribed thereto under FHLBank’s Member Products Policy, or as FHLBank may otherwise specify.

More Definitions of Lending Value

Lending Value means the value that the Bank shall from time to time, in its sole discretion, ascribe to the various types of Collateral.

Lending Value. , in relation to property, means lending value assigned to the property by the Corporation;

Lending Value means, in relation to an item of Collateral, the amount we may agree to lend to you or the amount we may agree to issue a Bankers' Guarantee or SBLC for. This is calculated by multiplying the market value of such Collateral (as determined by us in our absolute discretion) by the LTV Ratio (Collateral).

Lending Value means the value of any premises as a reasonably adequate security for a loan which is secured by a mortgage thereon determined by the Minister or otherwise to the satisfaction of the Minister by such manner of assessment as the Minister may prescribe or otherwise require;

Lending Value means, in respect of real estate, 80 per cent of the market value of the real estate but, if the credit union considers a lesser percentage appropriate in the circumstances under its investment and lending policies, the lending value is that lesser percentage of the market value of the real estate.

Lending Value means the value of the Bank shall from time to time, in its sole discretion, ascribe to the various type of Collateral. m. "Regulations" means the regulations of the Federal Housing Finance Board or its successor, as amended, 12 CFR Chapter IX. n. "Required Collateral Amount" means the aggregate dollar amount that the Bank may specify from time to time with respect to each Advance and any other obligation or liability of the Institution to the Bank. The Bank may increase or decrease the Required Collateral Amount at any time. o. "Swap Transaction" or "Swap Transactions" means any and all interest rate swaps, interest rate caps, floors or collars, currency exchange transactions or similar transactions entered into between the Bank and the Institution.

Lending Value means the percentage set forth in the General Terms (receipt of a copy of which the Guarantor hereby acknowledges), or otherwise fixed by the Bank from time to time in its discretion, of the fair market value, as determined by the Bank from time to time, of the relevant class of collateral, subject, in the case of any security which, under the circumstances, is covered by Regulation U or Regulation X of the Federal Reserve Board, to any maximum margin percentage imposed by such Regulations, it being understood that, unless specifically agreed by the Bank in writing, the Bank may change or eliminate the percentage applicable to any class of Collateral at any time without prior notice to the Guarantor. The Guarantor agrees immediately to deliver additional Collateral to the Bank to the extent that, at any time, the aggregate Lending Value of the Collateral is less than the Required Lending Value. While any Obligations or Obligor-guaranteed obligations are outstanding, the Bank reserves the right not to release, or allow the substitution of, any of the Collateral if such release or substitution would cause the Lending Value thereof to fall below the Required Lending Value.