Liquidity Value definition

Liquidity Value shall have the meaning given to it in clause 5.1;

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Liquidity Value of the Mortgage Pool or any part thereof at any time shall mean an amount corresponding to the Value of the Mortgage Pool or that part thereof, as applicable, determined in accordance with the applicable risk control procedures of the Bank at such time (which procedures shall, for the avoidance of doubt, include any haircuts and applicable currency conversion methodology) and the “Value” of the Mortgage Pool or any part thereof shall mean the aggregate of: (a) the Balances on all Loans secured by Mortgages comprised in the Mortgage Pool or that part thereof, as applicable, on the relevant Valuation Date (which for the avoidance of doubt shall not include any Loans secured by Mortgages repaid or prepaid in full on or prior to such Valuation Date or which cease to be part of the Mortgage Pool or that part thereof, as applicable, whether pursuant to clause 6.2 or otherwise); (b) in respect of any Mortgage comprised in the Mortgage Pool or that part thereof, as applicable, all Further Advances made during the Valuation Period ending on the relevant Valuation Date; and (c) all interest accrued on the Loans secured by Mortgages comprised in the Mortgage Pool or that part thereof, as applicable, but which remains unpaid on the relevant Valuation Date; and with the deduction of: (i) all repayments and prepayments of principal in respect of the Loans secured by Mortgages comprised in the Mortgage Pool or that part thereof, as applicable, which the Counterparty estimates it will receive during the next following Valuation Period; and (ii) all payments of interest in respect of the Loans secured by Mortgages comprised in the Mortgage Pool or that part thereof, as applicable, which the Counterparty estimates it will receive during the next following Valuation Period.

Liquidity Value of the Mortgage Pool at any time shall mean an amount corresponding to the Value of the Mortgage Pool determined in accordance with the applicable risk control procedures of the Bank at such time (which procedures shall, for the avoidance of doubt and without limitation, include any applicable currency conversion methodology) and the “Value” of the Mortgage Pool shall mean the aggregate of: (a) the Balances on all Loans secured by Mortgages comprised in the Mortgage Pool on the relevant Valuation Date (which for the avoidance of doubt shall not include any Loans secured by Mortgages repaid or prepaid in full on or prior to such Valuation Date or which cease to be part of the Mortgage Pool whether pursuant to clause 6.2 or otherwise); (b) all Further Advances made during the Valuation Period ending on the relevant Valuation Date; and (c) all interest accrued on the Loans secured by Mortgages comprised in the Mortgage Pool but which remains unpaid on the relevant Valuation Date; and with the deduction of: (i) all repayments and prepayments of principal in respect of the Loans which the Counterparty estimates it will receive during the next following Valuation Period; and (ii) all payments of interest which the Counterparty estimates it will receive during the next following Valuation Period.

Examples of Liquidity Value in a sentence

• Your “Open-to-Buy Value” will be a dollar value based in part on the latest Liquidity Value which your Provider conclusively establishes for you.

• Your Open-to-Buy Value will be a dollar value based in part on the latest Liquidity Value which the Broker/Bank conclusively establishes for you.

• The value of net Accounts Receivable as of the close of business on the Closing Date in excess of the value of the Assumed Liabilities as of the close of Business on the Closing Date (the "Net Liquidity Value") shall be determined and agreed to in good faith from the books and records of Blue Ridge Printing and Buyers by Buyers, Blue Ridge Printing and Shareholder as promptly as practicable after Closing, but in no event later than 45 days after Closing.

• If such difference is negative (i.e., if the Actual Lease Value is less than the Assumed Lease Value), then the Liquidity Value shall be increased by the amount of such difference.

• If such difference is positive (i.e., if the Actual Lease Value is greater than the Assumed Lease Value), then the Liquidity Value shall be decreased by the amount of such difference.

• The Value of the Bayside Project shall be calculated as of the Participation Date using the "Liquidity Value," as defined in Section 3.3.1, or the Appraised Value, whichever is applicable.

• The "VALUE" of the Bayside Project, for purposes of recognizing or terminating the Participation Interest, shall be either the Liquidity Value, as determined under Section 3.3.1 below, or the Appraised Value, as determined under Section 3.3.2 below.

• If the Buyers and Seller are unable to agree on the Net Liquidity Value as of Closing and/or the settlement thereof, their disagreement shall be submitted to an Arbitrator pursuant to the provisions of Section 8.8 of this Agreement.

• Liquidity Value means that the amount which the Broker/Bank has determined is available to settle your Check t ransactions based on (i) the value of the Fund shares in your Brokerage/Bank Accoun t, (ii) the amount of cash in your Brokerage/Bank Accoun t, i f any, and (iii) margin loans, but only to the extent of the available margin collateral value of securities in your Brokerage/Bank Accoun t as determined by your Broker/Bank.

• If the amount of the Net Liquidity Value is positive, the amount of Net Liquidity Value shall be promptly paid by Buyers to Blue Ridge Printing and Shareholder.

More Definitions of Liquidity Value

Liquidity Value of the Collateral Pool or any part thereof on any Valuation Date shall mean an amount corresponding to the Nominal Value of the Collateral Pool or that part thereof, as applicable, adjusted in accordance with the applicable risk control procedures of the Bank (which procedures shall, for the avoidance of doubt, include any haircuts and applicable currency conversion methodology), at close of business on the Business Day immediately preceding such Valuation Date; and

Liquidity Value means the total net proceeds of a Liquidity Event paid to Inktomi, including, without limitation, cash, assumed indebtedness, notes or other deferred payments, prepaid expenses and non-customary prorations which materially benefit Inktomi (provided, however, that the Value shall reflect the fair market value of all non-cash consideration received in connection with such Liquidity Event, whether or not contingent, with appropriate discounting to reflect the net present value of any notes or deferred payments or the likelihood of any contingency being satisfied or the debt being collected), as adjusted by the "Lease-Back Adjustment." The "LEASE-BACK ADJUSTMENT" shall mean an increase or decrease in the Liquidity Value which shall equal the positive or negative difference between (i) the net present value of the Base Rent rental stream (i.e., $1.50 per rentable square foot of the Inktomi Premises per month) for the first five (5) years of the Lease-Back Lease, discounted at an annual discount rate of 11% (the "ASSUMED LEASE VALUE"), and (ii) the net present value of the Base Rent rental stream (which rental stream shall be calculated on an effective basis by deducting on a straight-line basis any monetary concessions received by Inktomi over the term of the Lease-Back Lease) for the first five (5) years of the Lease-Back actually agreed to in connection with the Liquidity Event, also discounted at an annual discount rate of 11% (the "ACTUAL LEASE VALUE"). If such difference is positive (i.e., if the Actual Lease Value is greater than the Assumed Lease Value), then the Liquidity Value shall be decreased by the amount of such difference. If such difference is negative (i.e., if the Actual Lease Value is less than the Assumed Lease Value), then the Liquidity Value shall be increased by the amount of such difference.

Liquidity Value means, on any date, an amount equal to the sum of (i) all Unrestricted Cash (as defined in the Subject Agreements), (ii) Cash Equivalents (as defined in the Subject Agreements), (iii) the aggregate amount available to be drawn under the Warehouse Agreement calculated on the basis of the principal value of the eligible excess collateral pledged to LCPI thereunder multiplied by the percentage used to determine the Purchase Price pursuant to __ Warehouse Agreement with respect to such collateral and (iv) the undrawn borrowing capacity under the swing line facility provided pursuant to that certain Credit Agreement dated as of December 27, 2000, as amended, by and between the Company and U.S. Bank National Association as set forth on the daily schedule required to be delivered by the Company to Lehman pursuant. to this Section 3 (e).

Liquidity Value means that amount which your Provider has determined is available to settle your Check transactions based on (i) the amount of cash in your Base Account, if any, (ii) the amount of money in the Deposit Accounts that are linked to your Base Account, (iii) the value of the Fund shares in your Base Account, and (iv) margin loans, but only to the extent of the available margin collateral value of securities in your Base Account as determined by your Provider. Your Provider may determine that the available margin collateral value for purposes of paying Check transactions is an amount less than that which could be used to purchase securities or otherwise be

Liquidity Value means that amount which your Provider has determined is available to settle your Check transactions based on (i) the amount of cash in your Base Account, if any, (ii) the amount of money in the Deposit Accounts that are linked to your Base Account, (iii) the value of the Fund shares in your Base Account, and (iv) margin loans, but only to the extent of the available margin collateral value of securities in your Base Account as determined by your Provider. Your Provider may determine that the available margin collateral value for purposes of paying Check transactions is an amount less than that which could be used to purchase securities or otherwise be withdrawn from your Base Account. The available margin collateral value will fluctuate from day to day, since it depends upon securities prices and the debit balance in your Base Account, and your outstanding Check transactions received for processing. Please confer with your Provider to determine the margin collateral value available to cover Check transactions.