Maximum LTV. With respect to any Purchased Asset at any time, the Loan-to-Value ratio for the related Underlying Mortgaged Property set forth in the related Confirmation under the heading “Maximum LTV” and for the Class and Type of such Mortgage Asset.
Maximum LTV. The C-PACE Financing Amount shall not exceed the lesser of [INSERT] percent ([INSERT]%) of the fair market value of the Property, or the actual cost of the Project, including the costs of necessary equipment, materials, and labor, the costs of each related audit or feasibility study, and the cost of verification of installation. The actual cost of the Project shall not exceed the Estimate Maximum Benefit, defined as the ratio of the estimated average annual savings, from the installation or improvement, over the property capitalization rate as determined by City or its Program Administrator.
Maximum LTV. With respect to any Eligible Asset (other than any CMBS Security) at any time, the Loan-to-Value Ratio for the related Underlying Mortgaged Property set forth on Schedule 1 to the Fee Letter under the heading “End LTV” or “End LTC” (or, if not set forth therein in the case of Preferred Equity Interests and Construction Loans to the extent applicable, as set forth in the related Confirmation under the same or similar headings); provided, however, in no event shall the Maximum LTV for a Construction Loan exceed 85%) for the applicable Class of such Mortgage Asset and, as applicable, the applicable Type of Underlying Mortgaged Property; provided, however, the Maximum LTV shall take into account any senior or pari passu debt or other obligations, including debt or other obligations secured directly or indirectly by the applicable Underlying Mortgaged Property.
Examples of Maximum LTV in a sentence
Maximum LTV is 100% of the total loan amount; must meet seasoning requirements as outlined below.
The Travel Assistant Program or the Travel Year Back Program apply for Hotels as well as for TAs.
Maximum LTV / CLTVBecause VA loans can be for the full reasonable value of the property, no downpayment is required by VA, except if the purchase price exceeds the reasonable value of the property.
Maximum LTV 70% and must be referred.Pay Day Loans• Considered by referral provided the applicant doesn’t have a reliance on short term e.g. numerous repeated loans in the last 12 months, with other credit repayment issues or bank account conduct issues.
Balloon Term• Eligible on Primary and Second Homes Purchase and Rate/Term Refinance transactions.• Maximum LTV 95%.• The minimum balloon term is five years.c .
More Definitions of Maximum LTV
Maximum LTV means with respect to any Mortgage Asset, at any time, the Maximum LTV for the related Underlying Mortgaged Property (a) in the case of Term Loan Collateral for the Term Loans, as set forth on Schedule 1-A to the Fee Letter and (b) in the case of Revolving Loan Collateral (including Mixed Collateral) for the Revolving Loans, the Maximum LTV set forth in the related Confirmation, which shall be no greater than the Maximum LTV set forth in Schedule 1-B to the Fee Letter; provided, however, that all such calculations shall be made taking into account any senior or pari passu debt or other senior or pari passu obligations, including senior or pari passu debt or other senior or pari passu obligations secured directly or indirectly by the applicable Underlying Mortgaged Property.
Maximum LTV means (a) from the Effective Date through the day prior to the second anniversary of the Effective Date, 70.0%; (b) from the second anniversary of the Effective Date through the day prior to the third anniversary of the Effective Date, 68.1%; (c) from the third anniversary of the Effective Date through the day prior to the fourth anniversary of the Effective Date, 65.5%; (d) from the fourth anniversary of the Effective Date through the day prior to the fifth anniversary of the Effective Date, 62.4%; (e) from the fifth anniversary of the Effective Date through the day prior to the sixth anniversary of the Effective Date, 58.5%; (f) from the sixth anniversary of the Effective Date through the day prior to the seventh anniversary of the Effective Date, 54.0%; (g) from the seventh anniversary of the Effective Date through the day prior to the eighth anniversary of the Effective Date, 49.5%; (h) from the eighth anniversary of the Effective Date through the day prior to the ninth anniversary of the Effective Date, 45% and (i) from the ninth anniversary of the Effective Date through the Maturity Date, 40.5%.
Maximum LTV. With respect to any Eligible Asset at any time, the Loan-to-Value Ratio for the related Underlying Mortgaged Property set forth on Schedule 1 to the Fee Letter under the heading "Maximum LTV" for the applicable Class of such Mortgage Asset and the applicable Type of Underlying Mortgaged Property.
Maximum LTV means a LTV of 65.6%
Maximum LTV has the meaning assigned to such term in the Pricing Side Letter.
Maximum LTV. Defined in the Fee Letter.
Maximum LTV means the amount set forth in the Fee Letter for the applicable Eligible Properties for the applicable Category.