NPV Requirement Sample Clauses

NPV Requirement. The amount determined by dividing acquisition price of the Asset Pool by the Net Present Value of the Asset Pool shall not exceed 0.90. EXHIBIT D to the Revolving Credit Agreement United States Net Present Value Discount Factors Collateral/Delinquency Discount Rates Days Days Days Days Collat Delinquent Delinquent Delinquent Delinquent Code Collateral 0-30 31-60 61-90 >90 9 Retail 0.04 0.04 0.06 0.06 15 Single Family Residence 0.02 0.02 0.04 0.04 16 Residential 2-4 0.02 0.02 0.04 0.04 17 Condo-Residential 0.02 0.02 0.04 0.04 18 Residential Cooperative 0.02 0.02 0.04 0.04 19 Contract for Deed 0.03 0.03 0.05 0.05 20 Mobile Home 0.04 0.04 0.06 0.06 21 Assignment of Promissory Note 0.04 0.04 0.06 0.06 22 Manufactured Home & Lot 0.03 0.03 0.05 0.05 23 Unsecured 0.04 0.04 0.06 0.06 24 Cash Accy/Mkt Securities 0.02 0.02 0.02 0.02 25 Hotel/Motel 0.04 0.04 0.06 0.06 26 Gas Station 0.05 0.05 0.07 0.07 27 Former Service Station 0.05 0.05 0.07 0.07 28 Restaurant/Bar/Banquet Hall 0.05 0.05 0.07 0.07 29 Church 0.05 0.05 0.07 0.07 30 Car Wash 0.05 0.05 0.07 0.07 31 Office Building 0.04 0.04 0.06 0.06 32 Industrial-Light 0.04 0.04 0.06 0.06 33 Condo-Commercial 0.04 0.04 0.06 0.06 34 Resi/Commercial - Mixed 0.04 0.04 0.06 0.06 35 Nursing Home/Assisted Living 0.05 0.05 0.07 0.07 36 Shopping Center/Mall 0.04 0.04 0.06 0.06 37 Non-Mkt. Securities 0.02 0.02 0.02 0.02 38 Accounts Receivable and/or Inventory 0.04 0.04 0.06 0.06 39 Titled Vehicle(s) 0.03 0.03 0.05 0.05 40 Crops/Livestock/Farm Products 0.04 0.04 0.06 0.06 41 Boats and Watercraft-Titled 0.04 0.04 0.06 0.06 42 Industrial-Heavy 0.04 0.04 0.06 0.06 43 Other (non-real estate) 0.04 0.04 0.06 0.06 44 FF & E (attached to RE) 0.04 0.04 0.06 0.06 45 Machinery & Equipment 0.04 0.04 0.06 0.06 46 Specific Equipment 0.04 0.04 0.06 0.06 47 All Business Assets 0.04 0.04 0.06 0.06 48 Commercial Land (unimproved) 0.06 0.06 0.08 0.08 49 Residential Land (unimproved) 0.05 0.05 0.07 0.07 Days Days Days Days Collat Delinquent Delinquent Delinquent Delinquent Code Collateral 0-30 31-60 61-90 >90 50 Agricultural Land (unimproved) 0.05 0.05 0.07 0.07 51 Agricultural Land with Improvements 0.06 0.06 0.08 0.08 52 Marina 0.04 0.04 0.06 0.06 53 Childcare Facility/School 0.04 0.04 0.06 0.06 54 Multi-Family 0.03 0.03 0.05 0.05 55 Storage/Mini-Warehouse Facility 0.04 0.04 0.06 0.06 56 Funeral Home 0.04 0.04 0.06 0.06 57 Recreational/Amusement 0.04 0.04 0.06 0.06 58 Auto Repair Shop 0.04 0.04 0.06 0.06 59 Mortgaged Vessel 0.04 0.04 0.06 0.06 60 C...
Sample 1
AutoNDA by SimpleDocs

Related to NPV Requirement

  • Minimum Requirements With respect to the Notes, the Issuers shall not have any obligations with respect to any underwriters or underwritten offering except a single underwritten offering of $270 million or more of Registrable Securities.

  • Notification Requirement Through and up to the conclusion of the Non-Competition Period, Executive shall give notice to the Company of each new business activity he plans to undertake, at least seven (7) days prior to beginning any such activity. Such notice shall state the name and address of the Person for whom such activity is undertaken and the nature of Executive’s business relationship(s) and position(s) with such Person.

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Satisfaction Requirement If any agreement, certificate or other writing, or any action taken or to be taken, is by the terms of this Agreement required to be satisfactory to any Purchaser, to any holder of Notes or to the Required Holder(s), the determination of such satisfaction shall be made by such Purchaser, such holder or the Required Holder(s), as the case may be, in the sole and exclusive judgment (exercised in good faith) of the Person or Persons making such determination.

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties of its intent to terminate, which notice shall set forth the basis for the termination. Furthermore,

  • Reporting Requirement As to any defaulted Mortgage Loan, the Servicer must account to, and report in writing to, the Master Servicer as to any Realized Loss (or gain) upon the Liquidation or Deficient Valuation in respect of such Mortgage Loan.

  • Escrow Requirement Unless, (a) at the origination of a Mortgage Loan the Borrower is not required to make Escrow Item payments thereafter, (b) Escrow Funds collection has been waived pursuant to Section 10.5.1 hereof, or (c) the collection of Escrow Funds is precluded by applicable law, the Servicer must continue to collect 1/12th of the annual total for all Escrow Items with each Monthly Payment on such Mortgage Loan, as determined pursuant to Section 10.3.1 hereof.

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

  • Notification Requirements The Borrowers shall timely give to the Agent and each of the Lenders the following notices:

  • Construction Requirements a) All Life and Safety and applicable Building Codes will be strictly enforced (i.e., tempered glass, fire dampers, exit signs, smoke detectors, alarms, etc.). Prior coordination with the Building Manager is required.

Time is Money Join Law Insider Premium to draft better contracts faster.