Maximum PPV definition

Maximum PPV. Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

Examples of Maximum PPV in a sentence

  • If the Maximum PPV requirement is not satisfied as of any proposed Extended Facility Termination Date, Seller shall have the right to prepay a portion of the Repurchase Price of any Purchased Asset for which the PPV is higher than the Maximum PPV applicable to such proposed Extended Facility Termination Date such that compliance with the applicable required Maximum PPV is obtained.