LTVR definition

LTVR means the then ratio, expressed as a percentage, of the unpaid principal balance of the Loan to the unpaid principal balance all Eligible Instruments (including Eligible Instruments substituted pursuant to paragraph 3.2). The Refundable Receivables Collateral Proceeds shall be re-advanced by Lender to Borrower by wire transfer within three (3) business days after Lender receives the information required pursuant to the first sentence of this paragraph and the amount re-advanced shall be deemed an Advance. Without limiting the generality of any other provision of this Agreement, Lender shall be entitled to charge its reasonable and customary fee in connection with each wire transfer of Refundable Receivables Collateral Proceeds, which currently is Twenty-Five Dollars ($25.00).
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LTVR means long term variable remuneration.
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LTVR means the ratio, as of the date of incurrence of any Mortgage Indebtedness incurred by Tenant, in which the numerator is equal to the outstanding principal balance of all Mortgage Indebtedness of Tenant and the denominator is equal to the fair market value of Tenant’s interest under this Lease and the Improvements, as reasonably and in good faith determined by Tenant.
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Examples of LTVR in a sentence

  • At the discretion of Telix Pharmaceuticals and subject to all relevant terms from your original employment agreement and LTVR letters issued to you, your Long-Term Variable Renumeration may be up to 35% of your base salary.

  • At the discretion of Telix Pharmaceuticals and subject to all relevant terms from your original employment agreement and LTVR letters issued to you, your long-term incentive may be up to 60% of your base salary.

  • The LTVR for the Loan exceeds 55% at any time during the Loan term; provided, however, that a breach of this provision shall not be an Event of Default if the Borrower pays down the Loan to a level that cures such breach within thirty (30) days after Borrower’s receipt of written notice of such breach from the Lender.

  • The Borrower shall provide an Appraisal for each Aircraft to the Facility Agent at least thirty (30) days before each LTVR Test Date.

  • The LTVR on the Outstanding Facility Amount shall not exceed seventy-five percent (75%) at any time.

  • For the purpose of establishing value for the LTVR only, (i) real property collateral shall be valued at one hundred percent (100%) of Appraised Value, (ii) the Hilcoast Note Receivable shall be valued at one hundred percent (100%) of Appraised Value, and (iii) the Pooled Properties shall be valued at 100% of Appraised Value.

  • For purposes hereof, the “value” portion of the LTVR will be calculated using the aggregate fair market value, as reasonably determined by the Lender, of both the Property and the Gloucester Property.

  • For purposes hereof, the “value” portion of the LTVR will be calculated using the aggregate fair market value, as reasonably determined by the Lender, of both the Property and the Winchester Property.

  • New Acquisition Loans funded after the date hereof shall be limited to those with a LTVR not in excess of seventy-five percent (75%) at the time of such Loan, and which, when taken together with the Outstanding Facility Amount, result in a LTVR for the Outstanding Facility Amount not in excess of seventy-five percent (75%).

  • If Lender shall have commissioned new Appraisals, the Appraised Value, for purposes of ascertaining the LTVR only, shall be the value determined in such new Appraisals, as such may be reconciled and accepted by Lender in its reasonable discretion and whether such Appraisals indicate a higher Appraised Value or a lower Appraised Value.


More Definitions of LTVR

LTVR when used herein shall mean the leverage ratio at the end of any trailing four quarter period of (x) Total Outstanding Indebtedness (as defined below) to (y) Total Value (as defined below). Should the Borrower's long-term unsecured indebtedness receive and maintain from Standard and Poors ("S&P") or Moody's Ratings Services ("Moody's") any of the following long-term unsecured indebtedness ratings described below, the spreads that correspond to such rating shall apply in lieu of the spreads described above regardless of leverage ratio (with corresponding adjustments to the spreads for Base Rate loans) subject to adjustment from time to time to reflect any change in the ratings. If the ratings are not equivalent, the higher rating will apply. If -3- the ratings are two or more levels apart, the interest rate spread and Unused Facility Fee will be based on the rating which is one level below the higher rating. Unused ------ S&P/Moody's Spread Over Facility ----------- ----------- -------- Unsecured Debt Rating LIBOR Fee --------------------- ----- --- BBB-/Baa3 137.5 bps 20 BBB/Baa2 125 bps 15 BBB+/Baa1 112.5 bps 15 A-/A3 or better 100 bps 12.5 L/C Issuer: Chase. L/C Facing Fee: 0.125% per annum, payable quarterly in arrears, for the account of the Administrative Agent on the average daily undrawn amount of issued letters of credit.
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LTVR means Loan to Value Ratio, a ratio derived in the following manner: (i) when applied to the Hilcoast Note Advance, by dividing the outstanding principal balance of the Hilcoast Note Advance by the Appraised Value of the Hilcoast Note Receivable; (ii) when applied to the Outstanding CAPEX Draw Amount, by dividing the outstanding principal balance of all debt on the Pooled Properties (existing mortgages and the Outstanding CAPEX Draw Amount) by the aggregate Appraised Value of all Pooled Properties; (iii) when applied to an Acquisition Facility Loan, by dividing the outstanding principal balance of the Loan by the Appraised Value of the Project securing such Loan, and (iv) when applied to the Outstanding Facility Amount, by dividing the sum of (A) the Outstanding Facility Amount and the outstanding principal balance of all debt on the Pooled Properties (existing mortgages and the Outstanding CAPEX Draw Amount), by (B) the sum of the aggregate Appraised Value of all Projects securing all Loans, the Appraised Value of the Hilcoast Note Receivable, and the aggregate Appraised Value of all the Pooled Properties. For purposes of calculating the outstanding principal balance of all debt on the Pooled Properties, Borrower shall provide Lender with a certificate from every mortgagee with any debt on any of the Pooled Properties, which certificate shall state the outstanding principal balance of such mortgagee"s loan(s) secured by any of the Pooled Properties.
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LTVR means the then ratio, expressed as a percentage, of the unpaid principal balance of the Loan Segment A Advances to the unpaid principal balance of all Eligible Instruments (including Eligible Instruments substituted pursuant to paragraph 3.2) which are part of Loan Segment A Receivables Collateral. The Refundable Segment A Proceeds shall be re-advanced by Lender to Borrower by wire transfer within three (3) business days after Lender receives the information required pursuant to the first sentence of this paragraph and the amount re-advanced shall be deemed a Loan Segment A Advance. Without limiting the generality of any other provision of this Agreement, Lender shall be entitled to charge its reasonable and customary fee in connection with each wire transfer of Refundable Segment A Proceeds, which currently is Twenty-Five Dollars ($25.00).
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Related to LTVR

  • LTV means with respect to any Mortgage Loan, the ratio of the original outstanding principal amount of the Mortgage Loan to the lesser of (a) the Appraised Value of the Mortgaged Property at origination or (b) if the Mortgaged Property was purchased within 12 months of the origination of the Mortgage Loan, the purchase price of the Mortgaged Property.

  • Relative Spread with respect to any Note and any date of determination shall mean the ratio of the Interest Rate of such Note to the weighted average as of such date of determination (prior to taking into account any payments made on account of principal as of such date) of the Interest Rates on all the Notes based on their Principal Balances.

  • CLTV As of any date and as to any Second Lien Loan, the ratio, expressed as a percentage, of the (a) sum of (i) the outstanding principal balance of the Second Lien Loan and (ii) the outstanding principal balance as of such date of any mortgage loan or mortgage loans that are senior or equal in priority to the Second Lien Loan and which are secured by the same Mortgaged Property to (b) the Appraised Value as determined pursuant to the Underwriting Guidelines of the related Mortgaged Property as of the origination of the Second Lien Loan.

  • Deficient Valuation Mortgage Loan Any Mortgage Loan that became the subject of a Deficient Valuation.

  • Loan Group 4 The Group 4 Mortgage Loans.