Common use of Loan to Value Clause in Contracts

Loan to Value. From and after the date hereof, the Borrower agrees to maintain at all times during the term of the Loan a Loan-to-Value ratio of less than or equal to eighty-five percent (85%), subject to the terms and conditions of Section 1.4.

Appears in 8 contracts

Sources: Loan Agreement (Phoenix Capital Group Holdings, LLC), Loan Agreement (Phoenix Capital Group Holdings I LLC), Loan Agreement (Phoenix Capital Group Holdings I LLC)

Loan to Value. From and after the date hereof, the Borrower agrees to maintain at all times during the term of the Loan a Loan-to-Value ratio of less than or equal to eighty-five one hundred percent (85100%), subject to the terms and conditions of Section 1.4.

Appears in 2 contracts

Sources: Loan Agreement (Phoenix Capital Group Holdings, LLC), Loan Agreement (Phoenix Capital Group Holdings, LLC)