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Loan-to-Value Ratio Sample Clause


Book Publication Date: Mar 2013
Description: Sample security agreement clause requiring debtor to prepay a portion of the loan if an appraisal reveals that the loan to value ratio of the collateral has dropped by a certain percentage.
Type: Contract Clauses
PLI Item #: 52243
Practice Area: Asset-based lending, Bank loans, Banking and finance, Financing

Keywords: financing; secured transactions; security agreement; UCC; Article 9; lien; title; collateral; debtor; lender; appraisal; loan to value ratio

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