Loanable Value definition

Loanable Value means the amount equivalent to the sum total amount of the Margin Loanable Value of the Collateral;
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Loanable Value has the meaning specified in the definition of Borrowing Base.
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Loanable Value shall have the meaning assigned to it in the Loan Agreement;
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Examples of Loanable Value in a sentence

  • The Administrative Agent may, in its Permitted Discretion, reduce the advance rates set forth above, adjust Fixed Asset Reserves or reduce one or more of the other elements used in computing the Fixed Asset Loanable Value.

  • At present the Lender has assigned a Marginal Loanable Value as set out in Schedule 1.

  • The Lender hereby reserves the absolute discretion to determine the Marginal Loanable Value and the Loanable Value required from time to time.

  • Monthly, not later than the twentieth (20th) day of each month, (i) all investment statements provided to Borrower by CitiGroup Private Bank with respect to the Collateral and the Pledged Account and (ii) a certificate signed by the chief financial officer of Borrower substantially in the form of Exhibit A (a “Borrowing Base Certificate”) detailing the Eligible Assets in the Pledged Account and the Loanable Value therefor, containing a calculation of availability under the Revolving Credit Loan.

  • In the event the Loanable Value of the Security at the relevant time is lower than the total Obligation, then the Borrower/the Pledgor shall ensure that they or other persons acceptable to the Lender must, within 2 (two) days’ notice thereof from the Lender to the Borrower/the Pledgor, provide additional Collateral i.e. cash and other marketable securities acceptable to the Lender or reduce the Obligations or a combination of both, to restore the Loanable Value equal to or more than total Obligation.

  • At the request of the ▇▇▇▇▇▇▇, the Lender has agreed to grant to (the “Borrower”), a short term rupee loan for an amount of upto Rs. Rs. 2175,000,000 (Two Thousand One Hundred and Seventy Five Million Only) or the Loanable Value (as defined in the Loan Agreement), whichever is lower (the “Facility Amount” on the terms and conditions contained in the Loan Agreement (as defined hereinafter)).

  • In the event the Loanable Value of the Security at the relevant time is lower than the total Obligations, then the Borrower/▇▇▇▇▇▇▇ shall ensure that they or other persons acceptable to the Lender must, within 2 (two) days’ notice thereof from the Lender to the Borrower/▇▇▇▇▇▇▇, provide additional Collateral i.e. cash and other marketable securities acceptable to the Lender or reduce the Obligations or a combination of both, to restore the Loanable Value equal to or more than total Obligations.

  • The services to be provided by the Security Firm shall be limited to the following services: (i) providing unarmed uniformed paid town watch services in and around the West ▇▇▇▇▇▇▇ Borough neighborhood centered on S.

  • In addition Lender shall have received copies of such invoices, certificates of completion and other documents as it may request in order to permit it to determine the New Facility Loanable Value.

  • If there is more than one type of Pledged Collateral, the Loanable Value for the pool of Pledged Collateral is the sum of the Loanable Value for each type of Pledged Collateral.


More Definitions of Loanable Value

Loanable Value means the value which we (in our absolute discretion) attached to the Collateral; and
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Loanable Value means: (a) for any Hedged Share, the product, expressed in United States dollars, obtained by multiplying the Strike Price for such Hedged Share times such percentage as may be quoted by the Bank to the Borrower, and agreed to by the Borrower in writing, as the loanable value percentage for such Hedged Shares; (b) for any Pledged Share which is common stock issued by Microsoft Corporation or any other corporation agreed to by the Bank, and is not a Hedged Share, the product, expressed in United States dollars, obtained by multiplying [*] percent ([*]%) times the Collateral Market Value for such Pledged Share; and (c) for any Collateral other than any of the Pledged Shares comprising common stock issued by Microsoft Corporation or any other corporation agreed to by the Bank, the product, expressed in United States dollars, obtained by multiplying the Collateral Market Value for such Collateral times such percentage as may be quoted by the Bank to the Borrower, and agreed to by the Borrower in writing, as the loanable value percentage for such Collateral; provided that the Loanable Value shall be deemed to be zero for any portion of the Collateral comprising (i) a marketable security which has a Collateral Market Value of less than $10.00 or (ii) any Equity Hedge Agreement or any right, title or interest of the Borrower in, to and under any Equity Hedge Agreement (including, but not limited to, any right of the Borrower to receive moneys due or to become due under or pursuant to any such Equity Hedge Agreement). [*] Confidential treatment requested.
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Loanable Value means: (a) for any Hedged Share, the product, expressed in United States dollars, obtained by multiplying the Strike Price for such Hedged Share times such percentage as may be quoted by the Bank to the Borrower, and agreed to by the Borrower in writing, as the loanable value percentage for such Hedged Shares; (b) for any Pledged Share which is common stock issued by Microsoft Corporation or any other corporation agreed to by the Bank, and is not a Hedged Share, the product, expressed in United States dollars, obtained by multiplying [*] percent ([*]%) times the Collateral Market Value for such Pledged Share; and (c) for any Collateral other than any of the Pledged Shares comprising common stock issued by Microsoft Corporation or any other corporation agreed to by the Bank, the product, expressed in United States dollars, obtained by multiplying the Collateral Market Value for such Collateral times such percentage as may be quoted by the Bank to the Borrower, and agreed to by the Borrower in writing, as the loanable value percentage for such Collateral; provided that the Loanable Value shall be deemed to be zero for any
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Related to Loanable Value

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Fair salable value means the amount that could be obtained for assets within a reasonable time, either through collection or through sale under ordinary selling conditions by a capable and diligent seller to an interested buyer who is willing (but under no compulsion) to purchase.

  • Present Fair Saleable Value means the amount that could be obtained by an independent willing seller from an independent willing buyer if the assets of the Borrower and its Subsidiaries taken as a whole are sold with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be reasonably evaluated.

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.

  • Present Fair Salable Value means the amount that could be obtained by an independent willing seller from an independent willing buyer if the assets (both tangible and intangible) of the Borrower and its Subsidiaries taken as a whole are sold on a going concern basis with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be reasonably evaluated.