Collateral Value definition

Collateral Value. The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

Collateral Value means, with respect to each Eligible Mortgage Loan, the lesser of (x) the product of (i) the Market Value of such Eligible Mortgage Loan, and (ii) the Applicable Collateral Percentage for such Eligible Mortgage Loan, and (y) 100% of the unpaid principal balance of such Eligible Mortgage Loan; provided,

Collateral Value. For any Mortgage Loan, the Collateral Value of the related Mortgaged Property shall be, other than for Refinance Loans, the lesser of (i) the appraised value determined in an appraisal obtained by the originator at origination of the Mortgage Loan and (ii) the sales price for the related Mortgaged Property. In the case of a Refinance Loan, the Collateral Value of the related Mortgaged Property is its appraised value determined in an appraisal obtained at the time of refinancing.

Examples of Collateral Value in a sentence

• Guarantee Price: The price used by CC&G for the determination of the Collateral Value, available on the BCS (at Menu “Guarantees” > “Collateral Guarantees”, field “Price”) and on the ICWS (at Menu “Collateral” > “Collateral Deposit Organization CC&G”, field “Price”).

• The price used by CC&G for the determination of the Collateral Value, available on the BCS (at Menu “Guarantees” > “Collateral Guarantees”, field “Price”) and on the ICWS (at Menu “Collateral” > “Collateral Deposit Organization CC&G”, field “Price”).

• The price used by CC&G for the determination of the Collateral Value, Guarantee Price: Collateral Value: Total: Country: ISIN Code: Nominal Value: Guarantee Price: Collateral Value: Total: Field: available on the BCS (at Menu “Guarantees” > “Collateral Guarantees”, field “Price”) and on the ICWS (at Menu “Collateral” > “Collateral Deposit Organization CC&G”, field “Price”).

• During the term of the Agreement, the Contracting Parties agree that the requirement for the provision by the Client of the Requested Collateral Value to AKCENTA arising under the Agreement and the GBTC is complied with, if the amount of monetary funds provided as collateral at all times reaches the levels specified by AKCENTA as the Total Requested Collateral Value in respect of all Trades agreed under the Agreement in compliance with Art.

• CITY agrees that approval of the withdrawal notice will not be unreasonably withheld if the Collateral exceeds the Required Collateral Value.

More Definitions of Collateral Value

Collateral Value. For any Receivable and for any Series on any date, the product of (i) the Receivable Balance of such Receivable and (ii) the lesser of (A) the highest Advance Rate applicable to the Advance Type of such Receivable in respect of any Class within such Series, and (B) the highest Trigger Advance Rate (if any) for any Class within such Series; provided, that the Collateral Value shall be zero for any Receivable that is not a Facility Eligible Receivable, unless otherwise provided in the related Indenture Supplement.

Collateral Value has the meaning set forth in Section 5.3(b).

Collateral Value shall have the meaning set forth in the Pricing Side Letter.

Collateral Value means, as of any date of determination, an amount equal to

Collateral Value means with respect to any Securities Loan Collateral, Cash Loan Collateral or Custodial Collateral:

Collateral Value means, for purposes of determining the value of the Borrowing Base from time to time, with respect to the Eligible Servicing Rights, (i) (a) the Advance Rate for Eligible Servicing Rights, multiplied by (b) the MSR Value of the Eligible Servicing Rights as determined by the Lender in good faith, minus (ii) any outstanding repurchase and indemnity obligations under the related Servicing Contract that are due and payable by the Borrower, but have not yet paid by the Borrower.

Collateral Value means the total of the Acceptance value of all securities in the portfolio at the time of pooled collateral valuation.