Maximum LTV Sample Clauses

The Maximum LTV (Loan-to-Value) clause sets a cap on the ratio of the loan amount to the appraised value of the collateral property. In practice, this means the lender will not provide financing above a certain percentage of the property's value, such as 80%. For example, if a property is valued at $1,000,000 and the maximum LTV is 75%, the borrower can receive up to $750,000 in financing. This clause primarily serves to limit the lender's risk exposure by ensuring that the loan is adequately secured by the underlying asset.
Maximum LTV. The Loan-to-Value Ratio of any Mortgage Loan at origination was not more than 100%;
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Maximum LTV. The LTV Percentage shall at no time exceed the Maximum Advance Rate; provided, however, that no Event of Default shall be deemed to have occurred solely as a result of the LTV Percentage exceeding the Maximum Advance Rate unless and until Borrower fails to prepay the Loans (within ten (10) Business Days after the earlier of (a) the date on which Borrower has received written notice from Lender that the LTV Percentage exceeds the Maximum Advance Rate and (b) the date on which Borrower has obtained knowledge that the LTV Percentage exceeds the Maximum Advance Rate) in an aggregate principal amount sufficient to cause the LTV Percentage to be equal to or less than the Maximum Advance Rate.
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Maximum LTV. Pursuant to Section 7 hereof, the LTV Percentage [does not exceed] [exceeds] the Maximum Advance Rate (35%).
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Maximum LTV. The principal amount of all mortgage Indebtedness secured by a Lien on any Collateral Property shall not exceed an amount equal to seventy five percent (75%) of the Value of such Collateral Property, unless otherwise approved by the Agent. Notwithstanding anything to the contrary herein, the Borrower will not, and will not permit any of its Subsidiaries to, create, incur, or suffer to exist any Lien on any Collateral Property which Lien secures Indebtedness for borrowed money other than first mortgage financing.
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Maximum LTV. The Maximum LTV for: (a) a Conventional Conforming Loan is [ ]; and (b) a Government Loan is [ ]; (or, in each case, such other percentage as shall be determined by Buyer in its sole discretion and specified in a written notice from Buyer to Seller from time to time).
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Maximum LTV. LTV of each Collateral Property not to exceed 75% (See below) Compliance: Yes/ No (a) (b) (c)
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Related to Maximum LTV

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Maximum Lawful Rate It is the intention of the parties hereto that the interest on the Advances shall not exceed the maximum rate permissible under Applicable Law. Accordingly, anything herein or in any Note to the contrary notwithstanding, in the event any interest is charged to, collected from or received from or on behalf of the Borrower by the Lenders pursuant hereto or thereto in excess of such maximum lawful rate, then the excess of such payment over that maximum shall be applied first to the payment of amounts then due and owing by the Borrower to the Secured Parties under this Agreement (other than in respect of principal of and interest on the Advances) and then to the reduction of the outstanding principal amount of the Advances of the Borrower.