Funding Value definition

Funding Value means the maximum amount the Seller is authorized to spend in performance on this Contract
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Funding Value means, as of any date of determination, (i) for each Rental Property (including a Financed Rental Property) that was foreclosed on by or on behalf of the applicable Borrower or an Affiliate thereof, the product of (x) ninety percent (90%) and (y) the then-current BPO Value of such Rental Property, and (ii) for Rental Properties (including Financed Rental Properties) acquired through a bulk or mini-bulk sale or a multiple listing service, one hundred percent (100%) of the lesser of (a) the aggregate BPO Value of such Rental Properties on the date of acquisition and (b) the aggregate purchase price of such Rental Properties. For the avoidance of doubt, the Funding Value, calculated as provided in this definition, shall apply to all Rental Properties that may become subject to an Advance, as well as all Financed Rental Properties that are currently subject to an Advance.
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Funding Value means, as of any date of determination, for each Rental Property (including a Financed Rental Property), the product of (x) ninety percent (90%) and (y) the then-current BPO Value of such Rental Property.
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Examples of Funding Value in a sentence

  • The Funding Value of Assets is unbiased with respect to Market Value.

  • During periods when investment performance exceeds the assumed rate, Funding Value of Assets will tend to be less than market value.

  • During periods when investment performance exceeds the assumed rate, Funding Value of Assets will tend to be less than Market Value.

  • During periods when investment performance is less than the assumed rate, Funding Value of Assets will tend to be greater than Market Value.

  • It needed all the Community Planning partners to work together, and with the third sector and communities, to deliver an effective response at local levels.

  • The Funding Value of Assets used for funding purposes is derived as follows: prior year Funding Value of Assets are increased by contribution and expected investment income and reduced by refunds, benefit payments and expenses.

  • If recognized and assumed rates of retirement income are exactly equal for 4 consecutive years, the Funding Value will become equal to Market Value.

  • Limitations of Funded Status MeasurementsUnless otherwise indicated, a funded status measurement presented in this report is based upon the Actuarial Accrued Liability (AAL) and the Funding Value of Assets (FVA).

  • Based upon consultation with the Actuary, the Retirement Commission may combine bases (scheduled recognition of prior gains and losses) in order to reset the Funding Value of Assets to be equal to the Market Value of Assets when the difference between Market Value of Assets and Funding Value of Assets is 5% or less of Market Value of Assets.

  • Regardless of the results obtained from the smoothing method described above, the Funding Value of Assets shall not diverge from the Market Value of Assets by more than 20% (corridor).


More Definitions of Funding Value

Funding Value. With respect to any Eligible Advance as of any date of determination, the product of (x) the outstanding balance of such Eligible Advance as of such date and (y) the applicable Early Reimbursement Rate. EARLY REIMBURSEMENT RATE: P&I Delinquency Advances: [***]%. T&I Escrow Advances: [***]% Corporate Servicing Advances: [***]% Legacy Servicing Advances shall have an Early Reimbursement Rate as provided in Schedule 2. The Early Reimbursement Rate for T&I Escrow Advances, Corporate Servicing Advances and Legacy Servicing Advances (excluding Legacy Servicing Advances which xxxxxxxxxx X&X Delinquency Advances) will be recalculated on the first day of each calendar quarter and will be based on the average cumulative Aged Advance Utilization Rate for the immediately preceding three (3) calendar months as follows: Aged Advance Utilization Rate Early Reimbursement Rate [***]%- [***]% [ ***]% [***]% - <[***]% [ ***]% Less than [***]% [ ***]% *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. GreenTree Restated EAR Agreement - Final EAR
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Funding Value. With respect to any Eligible Advance as of any date of determination, the product of (x) the outstanding balance of such Eligible Advance as of such date and (y) the applicable Early Reimbursement Rate.
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Funding Value. With respect to any Eligible Advance as of any date of determination, the product of (x) the outstanding balance of such Eligible Advance as of such date and (y) the applicable Early Reimbursement Rate. EARLY REIMBURSEMENT RATE: P&I Delinquency Advances: [***]%.1 T&I Escrow Advances: [***]% Corporate Servicing Advances: [***]% Legacy Servicing Advances: 100% The Early Reimbursement Rate for P&I Delinquency Advances, T&I Escrow Advances, Legacy Servicing Advances and Corporate Servicing Advances will be subject to review and revision by Xxxxxx Mae, in its sole discretion, upon ninety (90) days written notice to Servicer; provided, however, that any revised Early Reimbursement Rate for P&I Delinquency Advances, T&I Escrow Advances, Corporate Servicing Advances and Legacy Advances, as applicable, shall not be less than [***]%. Any revised Early Reimbursement Rate shall become effective for the Periodic Early Reimbursement Amount applicable to the next Reporting Cycle ninety (90) days after Servicer is notified by Xxxxxx Xxx of any revision.
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Funding Value. “LIBOR Rate” and “Revolving Period” in Section 2 of the Existing Loan Agreement are hereby amended and restated in their respective entireties to read as follows:
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Funding Value means, as of any date of determination,
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Funding Value means the maximum amount that the Seller is authorized to spend in performing this Contract.
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