Stipulated Loan Value definition

Stipulated Loan Value means, with respect to each Loan, the percentage set forth with respect to such Loan in the Loan Terms Schedule for such Loan, determined as of the Payment Date on which payment of such amount is to be made, or if such date is not a Payment Date, on the Payment Date immediately succeeding such date.
Stipulated Loan Value means, with respect to each Loan, the percentages set forth in Annex B to the Loan Agreement Supplement for such Loan.
Stipulated Loan Value. Payment No. Payment Date Stipulated Loan Value /**/ /*/ The amount of each Scheduled Payment will change as the Loan Amount changes. /**/ Each Stipulated Loan Value amount assumes payment of all Scheduled Payments due on or before the indicated Payment Date. SCHEDULE 1 EXISTING LIENS None. SCHEDULE 2 BORROWER'S TRADE NAMES None. SCHEDULE 3 LOCATION OF CHIEF EXECUTIVE OFFICE; PRINCIPAL PLACE OF BUSINESS; COLLATERAL COPPER MOUNTAIN COMMUNICATIONS 0000 Xxxx Xxxxxxxxx Building B-103 San Diego, CA 92121 SCHEDULE 4 SUBSIDIARIES None. SCHEDULE 5 SUBSIDIARIES None. [LOGO] XXXXX XXXXXXXX & COMPANY, LLC January 9, 1997 Xxx Xxxxxxxxxxx Silicon Valley Bank 0000 Xxxxxxx Xxxxx, Xxxxx 000 Mail Sort 5C122 Xxx Xxxxx, XX 00000 Re: Loan and Security Agreement among Silicon Valley Bank and MIN4CIGATX Partnership No. 1 and Copper Mountain Communications, Inc. Dear Xxx: Enclosed please find three execution copies of Amendment No. 1 to the above- referenced agreement. The Amendment reflects the change in the due date of the audited year-end financials from 90 days after year-end to 120 days after year- end. Once you have your internal green light, please sign all three copies and forward them to Xxx Xxxxxx at Copper Mountain. Once he has countersigned the Amendment, please ask him to keep one for his files, return one to you and one to me. If you have any questions, please do not hesitate to call. Sincerely, /s/ Xxxx Xxxxxx Xxxxxxxx X. Xxxxxx Enclosure [LOGO] XXXXX XXXXXXXX & COMPANY, LLC January 9, 1997 Xxxxxx X. Xxxxxx President Copper Mountain Communications 0000 Xxxx Xxxxxxxxx, Bldg. B103 San Diego, California 92121 Re: Amendment No. 1 to Loan and Security Agreement dated as of October 4, 1996 by and among Silicon Valley Bank and MMC/GATX Partnership No. 1 (each individually a "Lender" and, collectively, "Lenders") and Copper Mountain Communications, Inc. (the "Agreement") Dear Xxx: This letter will serve to confirm that Section 6.3 (b) of the above-referenced Agreement has been amended to read as follows: "as soon as available, but in any event within one hundred twenty (120) days after the end of Borrower's fiscal year, audited financial statements of Borrower prepared in accordance with generally accepted accounting principles, consistently applied, together with an unqualified opinion on such financial statements of a nationally recognized or other independent public accounting firm reasonably acceptable to Lenders;".

Examples of Stipulated Loan Value in a sentence

  • The faculty realizes that there could be extenuating circumstances such as hospitalization, religious holidays, and military mandating hours that would place student over the limit of allotted missed clinical.

  • Attached as ANNEX A hereto is the Stipulated Loan Value Table which sets forth the schedule of Stipulated Loan Values with respect to the Loan.

  • The Stipulated Loan Value for each item of Equipment is the Stated Cost for the item(s) multiplied by Stipulated Loan Value Percentage for the appropriate Payment Number.

  • The amount of insurance covering loss or damage to the Collateral shall be the greater than or equal to the Stipulated Loan Value (as defined in Section 1.1) of all Collateral outstanding under the Loan Documents.

  • If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all unpaid Scheduled Payments with respect to the Loans due prior to the date of prepayment, (ii) the Stipulated Loan Value with respect to each Loan multiplied by the Loan Amount of such Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to such Loan.

  • If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lenders (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loan Value with respect to each Loan, and (iv) all other sums, if any, that shall have become due and payable hereunder.

  • The local members of parliament for Portsmouth and Gosport were also being involved in developments.

  • Prior to each Funding Date, Agent, on behalf of Lenders, shall establish the Basic Rate, the Loan Factor, the All-in Rate and the Stipulated Loan Value Percentage with respect to such Loan, which shall be set forth in the Loan Agreement Supplement to be executed by Borrower with respect to each Loan and shall be conclusive in the absence of a manifest error.

  • Prior to each Funding Date, Lender shall establish the Basic Rate, the Loan Factor and Stipulated Loan Value with respect to such Loan.

  • If a barrister engages in an arrangement with a direct access client which involves the use of a third party payment (or escrow) service, the barrister must ensure it complies with the relevant provisions of the Handbook.


More Definitions of Stipulated Loan Value

Stipulated Loan Value. The Loan Amount multiplied by the applicable stipulated Loan Value Percentage set forth below. Payment No. Payment Date Stipulated Loss Value Percentage** 1 2 3 4 . . . 35 [36]

Related to Stipulated Loan Value

  • Loan Value means for any Loan that is not Defaulted Receivable on any day (including the Cut-off Date) (A) with respect to Precomputed Loans, (i) the present value of the future Scheduled Payments discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments reflected on the Servicer’s records, plus (iii) the unamortized amounts of any purchase premiums, minus (iv) the unamortized amounts of any purchase discounts and (B) with respect to Simple Interest Loans, (i) the balance reflected on the Servicer’s records plus (ii) the unamortized amounts of any purchase premiums minus (iii) the unamortized amounts of any purchase discounts. Defaulted Receivables that are Loans shall be deemed to have a Loan Value equal to the outstanding Loan Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Liquidated Loan A Mortgage Loan with respect to which the related Mortgaged Property has been acquired, liquidated or foreclosed and with respect to which the applicable Servicer determines that all Liquidation Proceeds which it expects to recover have been recovered.

  • Stipulated Loss Value is the value of each unit of Hardware at various times during the Lease as specified in the applicable Schedule; however, in no event will the Stipulated Loss Value of a Hardware unit exceed its fair market value.

  • Liquidated Loan Loss With respect to any Distribution Date, the aggregate of the amount of losses with respect to each Mortgage Loan which became a Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with respect to Full Unscheduled Principal Receipts for such Distribution Date, equal to the excess of (i) the unpaid principal balance of each such Liquidated Loan, plus accrued interest thereon in accordance with the amortization schedule at the time applicable thereto at the applicable Net Mortgage Interest Rate from the Due Date as to which interest was last paid with respect thereto through the last day of the month preceding the month in which such Distribution Date occurs, over (ii) Net Liquidation Proceeds with respect to such Liquidated Loan.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Combined Loan-to-Value Ratio As to any Second Lien Mortgage Loan at any date of determination, the ratio (expressed as a percentage) of the principal balance of such Mortgage Loan at the date of determination, plus the principal balance of any Superior Lien based upon the most recent information available to the Servicer, to (a) in the case of a purchase, the lesser of the sales price of the Mortgaged Property and its appraised value at the time of sale, or (b) in the case of a refinancing or modification, the appraised value of the Mortgaged Property at the time of such refinancing or modification.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Original Loan-to-Value Ratio With respect to any Mortgage Loan, the ratio of the principal balance of such Mortgage Loan at origination, or such other date as is specified, to the Original Value of the related Mortgage Property.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Applicable Reference Rate means, for any Eurocurrency Rate Loan denominated in any LIBOR Quoted Currency, LIBOR, for any Eurocurrency Rate Loan denominated in euros, EURIBOR, for any Eurocurrency Rate Loan denominated in Australian Dollars, BBSY, for any Eurocurrency Rate Loan denominated in Canadian Dollars, CDOR and for any Eurocurrency Rate Loan denominated in New Zealand Dollars, BKBM, as applicable.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Net Loan Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the then applicable Loan Rate for such Mortgage Loan minus the related Servicing Fee Rate and the Master Servicing Fee Rate.

  • Borrowing Base Amount means, as of any date, an amount equal to the sum of: