Maximum Loan Value definition

Maximum Loan Value means, at any time with respect to the Borrower’s assets constituting (a) Margin Stock, the “current market value” (within the meaning of Regulation U) thereof at such time, and (b) Non-Margin Assets, the “good faith loan value” (within the meaning of Regulation U) thereof at such time.

Maximum Loan Value. The maximum loan value is (1) plus (2) plus (3) minus (4) on the loan date, where:

Maximum Loan Value means, the sum of, without duplication, the following and, in each case, to the extent constituting Collateral:

Examples of Maximum Loan Value in a sentence

• The Maximum Loan Value is 90% of the Policy Value less surrender charges.

• Maximum Loan Value The Maximum Loan Value on any date is the Cash Value on such date less three Monthly Deductions.

• While the overall goal of the project was to eventually develop the property residentially, at all times relevant to this proceeding the land was being utilized, at least in part, as a sod farm, for raising cattle, and for hunting leases.

• In the event that the aggregate principal amount of the Loans exceeds the Maximum Loan Value of the Collateral, the Borrower shall promptly (and no later than one Business Day after such event) deposit Cash in a Qualified Cash Deposit Account in an amount sufficient to cause the aggregate principal amount of the Loans no longer to exceed the Maximum Loan Value of the Collateral.

• Maximum Loan Value of this Policy You can borrow an amount up to 90% of the Cash Surrender Value.

More Definitions of Maximum Loan Value

Maximum Loan Value. The maximum loan value is:

Maximum Loan Value. The maximum loan value is 90% of the net cash value as of the date of the loan.

Maximum Loan Value. The maximum loan value is determined by multiplying (1) by (2) where:

Maximum Loan Value one-half (0.5) times the Collateral Value.

Maximum Loan Value as applied to the Stock, means fifty percent (50%) of the Current Market Value of such Stock.

Maximum Loan Value shall have the meaning set forth in Regulation U of the Board (based whenever quotations are available for the Acquired Shares, on a “current market value” for the Acquired Shares determined under clause (1)(i) of the definition of “current market value” in Regulation U of the Board unless, after the date hereof, there is a modification in such regulation or an official interpretation thereof by the Board or its staff that would cause the release of Acquired Shares in the manner contemplated in this Section 5.10(a) based on a determination of “current market value” under that clause to result in a violation of Regulation U of the Board).

Maximum Loan Value means, in respect of any Borrower, at any time with respect to such Borrower's assets constituting (i) Margin Stock, the "current market value" (within the meaning of Regulation U) thereof at such time, and (ii) Non-Margin Assets, the "good faith loan value" (within the meaning of Regulation U) thereof at such time.