Loan-to-Value Ratio. At all times, the ratio of the Revolving Loan Commitment to the value of the Collateral, such value to be based on the financial information and documentation delivered by the Borrower to the Lender from time to time and to be determined by the Lender in its sole discretion, shall be no more than 1.00 to 2.00.
Appears in 5 contracts
Samples: Pledge Agreement (Revolutionary Concepts Inc), Credit Facility Agreement (Oncologix Tech Inc.), Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)
Loan-to-Value Ratio. At all times, the ratio of the Revolving Loan Commitment to the value of the CollateralCollateral of the Credit Parties, such value to be based on the financial information and documentation delivered by the Borrower to the Lender from time to time and to be determined by the Lender in its sole discretion, shall be no more than 1.00 to 2.00.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (Hispanica International Delights of America, Inc.), Senior Secured Revolving Credit Facility Agreement (Staffing Group, Ltd.), Consent and Agreement (Bitzio, Inc.)
Loan-to-Value Ratio. At all times, the ratio of the Revolving Loan Commitment to the value of the CollateralCollateral of the Credit Parties, such value to be based on the financial information and documentation delivered by the Borrower to the Lender from time to time and to be determined by the Lender in its sole but reasonable discretion, shall be no more than 1.00 to 2.00.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)
