Value Ratio definition

Value Ratio. With respect to any Mortgage Loan, as of any date of determination, a fraction expressed as a percentage, the numerator of which is the then current principal amount of the Mortgage Loan, and the denominator of which is the Appraised Value of the related Mortgaged Property.

Value Ratio is hereby included in Section 1.1 of the Standard Terms:

Value Ratio means, with respect to a Series, a percentage equal to the fair market value of the Bonds related to such Series of Variable Certificates as determined based on a Quotation of Bond Price, divided by the Stated Amount of Variable Certificates of such Series.

Examples of Value Ratio in a sentence

• A By virtue of a multi-currency note programme and the Pricing Supplement(as defined below), the Pledgor has issued on 22 June 2015 [number] of [description] notes for a total principal amount consisting of MUR [ ] and EUR [ ] (the “Notes”); and B It is a condition of the Programme that the Notes be secured by this Pledge created in favour of the Pledgee for the benefit of the Noteholders and on the basis of the agreed Liabilities to Value Ratio.

• Permit the Total Appraised Value Ratio to be less than 1.50 to 1.00 at any time.

• In developing the Participant Resource Capability, Supplier should take into account the expected load shape for the enrolled device as compared to the Grid Service Value Ratio (as defined in Exhibit K (Settlement)) to determine the weighted average hourly capability per service for the individual device.

• The average annual wave power around Thessaloniki is lower than kW/m; the 100-year value / Mean Value Ratio lies between 10 to 12 (see Annex 1 Figure 21 and Figure 22).

• INSTAPAYMAX shall have the right to terminate the Agreement immediately in the event Chargeback to Gross Transaction Value Ratio goes beyond 1%.

More Definitions of Value Ratio

Value Ratio representing the sum of the Original Loan Balance plus Original Senior Lien Amount to the Original Appraised Value Original Appraised Value Appraised value at time of 550562 application. Original Appraisal Date Date of the original Appraisal 12/1/2004 Original Appraisal Firm Name of the Appraisal firm Union Appraisals Appraisal Form Type Form 1040 U, 2005 Appraisal Review Type Desk Top, Drive By Original Purchase Price Price paid for home. 360000 Purchase BPO BPO at the time of Purchase by GS. 580000 Purchase BPO Date Date of the Purchase BPO 12/1/2004 Purpose of Loan Code/literal used to identify the Purchase original purpose of the loan. ( case-out refi, refi, purchase, construction, etc) Cash-out Amount The Amount that the borrower 10000 removed from the loan Prepayment Flag Code/Flag to determine if loan was Y originated with a prepayment penalty. (Y / N) Prepayment Penalty Type Code/literal to identify 6 Months Interest characteristics of penalty. on 80% Example: 6 MO INT ON 80% OBAL, 5/4/3/2/1, 0%. Prepayment Term Original number of months that 24 penalty was imposed. Arm Index Description Code/literal used to identify the 6ML specific underlying index that adjustable rate loans will reset from. (6 Months Libor, 1 Yr CMT, etc) Margin The spread above the index value 3.65 that a new rate on adjustable rate loans will be set to; subject to caps and rounding. (stated in percent) ARM Rounding Feature Code/literal used to identify the 0.125 method to be used when computing new rate on adjustable rate loans. (stated in percent)

Value Ratio means, as of any date of calculation, the percentage derived by dividing (i) the market value of the Enhanced Bonds on such date (as determined, subject to the provisions of Section 4(f) and (g) hereof, by the Pledgee in its sole discretion) by (ii) the principal amount of such Enhanced Bonds on such date multiplied by, in the case of the Mxxxxxx Lxxxx Enhanced Bonds, the Credit Enhancement Principal Coverage Factor on such date.

Value Ratio. With respect to any Home Improvement Loan, (i) the sum of (a) the original principal balance of such Home Improvement Loan plus (b) the remaining balance of any Prior Lien, if any, at the time of origination of such Home Improvement Loan, less (c) that portion of the principal balance equal to the amount of the premium for credit life insurance collected by the Originators, divided by (ii) the value of the related Mortgaged Property, based upon the appraisal (or, in the case of certain Home Improvement Loans with original principal balances of less than $15,000, such other method of valuation acceptable to the related Originator) made at the time of origination of the Home Improvement Loan.

Value Ratio. The original principal amount of a Mortgage Loan divided by the Original Value; provided, however, that references to “current Loan-to-Value Ratio” or “Loan-to-Value Ratio as of the Cut-Off Date” in Section 2.08 shall be deemed to mean the then current Principal Balance of a Mortgage Loan divided by the Original Value.

Value Ratio means the then current Principal Balance of a Loan divided by the Original Value.

Value Ratio. The original principal amount of a Mortgage Loan divided by the Original Value; however, references to "current Loan- to-Value Ratio" shall mean the then current Principal Balance of a Mortgage Loan divided by the Original Value. Master Servicer: The Company, or any successor thereto appointed as provided pursuant to Section 7.02, acting to service and administer the Mortgage Loans pursuant to Section 3.01.

Value Ratio. With respect to any Mortgage Loan as of any date of determination, the ratio, expressed as a percentage, the numerator of which is the outstanding principal balance of such Mortgage Loan at origination and the denominator of which is the Appraised Value of the related Mortgaged Property.