Liquidation LTV definition
Liquidation LTV means, during any period specified in the LTV Table, the applicable percentage set forth opposite “Liquidation LTV” in such table for such period.
Liquidation LTV means number (in %) confirmed by the Borrower as “Liquidation LTV” on the Platform (when prompted to “Confirm loan details” with regards to Firefish instant loan marked with Loan ID). Loan means loan to be provided, or, where the context so requires, provided to the Borrower by the Lender under this Agreement.
Examples of Liquidation LTV in a sentence
We hereby inform you that the Actual LTV Ratio (as defined in the Credit Agreement) is equal to or in excess of the [Liquidation LTV] (as defined in the Credit Agreement) as of the date indicated on Schedule 1 hereto.
Parties acknowledge and agree that discount (of 100 – Liquidation LTV %) vis-à-vis Collateral Market Value represents a reasonable and fair valuation of, and compensation of the Lender for, risks, uncertainties and estimated costs associated with the repayment of debt by collateral.
We hereby inform you that the Actual LTV Ratio (as defined in the Credit Agreement) is equal to or in excess of the Liquidation LTV (as defined in the Credit Agreement) as of the date indicated on Schedule 1 hereto.