Retained Securities Value definition
Retained Securities Value. With respect to any Business Day and a Retained Security, the market value thereof as determined by the Market Value Agent in accordance with Section 6.03(d) hereof.
Retained Securities Value. With respect to any Business Day and a Retained Security, the market value thereof as determined by the Market Value Agent in accordance with SECTION 4.14(d) hereof.
Examples of Retained Securities Value in a sentence
On each Business Day, the Market Value Agent shall determine in its sole judgment the Retained Securities Value of the Retained Securities, if any, expected to be issued pursuant to such Securitization as of the closing date of such Securitization.
The Issuer hereby irrevocably appoints the Market Value Agent to determine the Market Value of each Loan, the Hedge Value of each Hedging Instrument and the Retained Securities Value of all Retained Securities.