Loan to Value definition

Loan to Value means the Net Interest Bearing Debt to the Value of the Properties in accordance with the most recent Valuation.

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Loan to Value means, at any time, expressed as a percentage, the ratio of:

Loan to Value. With respect to a Receivable, the original undiscounted Principal Balance divided by the estimated Value of the Financed Vehicle, multiplied by 100. LIBOR: With respect to the initial Distribution Date, [ ]%; with respect to each Distribution Date other than the initial Distribution Date, the rate for deposits in U.S. Dollars for a period of one month which appears on Reuters Screen LIBOR01 Page as of 11:00 a.m., London time, on the day that is two LIBOR Business Days prior to the preceding Distribution Date (and, in the case of the initial Distribution Date, two LIBOR Business Days prior to the Initial Closing Date). If such rate does not appear on that date on Reuters Screen LIBOR01 Page (or any other page as may replace that page on that service, or if that service is no longer offered, any other service for displaying LIBOR or comparable rates as may be selected by the Indenture Trustee after consultation with the Depositor), then LIBOR will be the Reference Bank Rate.

Examples of Loan to Value in a sentence

• Sections 16a-1-301 and 16a-3-207 became effective April 14, 1999; Section 16a-3-308a became effective July 1, 1999 High Loan to Value Consumer Loan (id.

• Sections 16a-1-301 and 16a-3-207 became effective April 14, 1999; Section 16a-3-308a became effective July 1, 1999 High Loan to Value Consumer Loan (id.§ 16a-3-207) and; High APR Consumer Loan (id.§ 16a-3-308a) Kentucky 2003 KY H.B. ▇▇▇ - ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇.

• Each Conforming Mortgage Loan with a Loan to Value Ratio of 80% or higher is insured as to payment defaults by primary mortgage guaranty insurance.

• Areas Homeowners with negative equity greater than 115% Loan to Value (LTV) and homeowners who do not have a sustainable mortgage payment.

• The Lender shall evaluate the proposed Substituted Mortgaged Property, and shall make underwriting determinations as to (a) the Aggregate Debt Service Coverage Ratios and the Aggregate Loan to Value Ratio immediately prior to and immediately after giving effect to the proposed substitution, and (b) the Valuation and the Net Operating Income for the Trailing 12 Month Period for both the proposed Substituted Mortgaged Property and the proposed Collateral Release Property.

More Definitions of Loan to Value

Loan to Value means, in respect of a Mortgage Credit, the ratio of the aggregate Value of such Mortgage Credit to the Current Value of the Property securing such Mortgage Credit.

Loan to Value means the ratio of Net Interest Bearing Debt to Value.

Loan to Value means, expressed as a percentage, the ratio of:

Loan to Value means, with respect to any Loan, as of any date of determination, the percentage equivalent of a fraction (a) the numerator of which is equal to the sum of (i) the maximum availability (as provided in the applicable loan documentation) of such Loan as of the date of its origination plus (ii) the maximum availability under all other indebtedness of the related Obligor which ranks either senior to, or pari passu with, such Loan and (b) the denominator of which is equal to the Enterprise Value of the Obligor with respect to such Loan.

Loan to Value means the ratio, expressed as a percentage, determined by A/B x 100 where:

Loan to Value. “LTV” shall mean the ratio of the maximum amount of loan to the ex showroom value/cost of the vehicle. This may vary with vehicle, make, model, documentation and tenure. More particularly described in the Annexure attached hereto.

Loan to Value means the ratio of NIBD to EV.