Initial Allocated Loan Amount definition

Initial Allocated Loan Amount means the portion of the Loan Amount allocated to each Cross-collateralized Property as set forth on Exhibit F annexed hereto and made a part hereof.
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Initial Allocated Loan Amount means, for each Property, the amount set forth for such Property on Schedule 6.
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Initial Allocated Loan Amount means, with respect to each Loan, the principal amount of the applicable Note evidencing such Loan, as set forth on Exhibit A attached hereto and by this reference a part hereof.
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Examples of Initial Allocated Loan Amount in a sentence

  • To the best knowledge of Borrower, based on the substantial real estate expertise of Borrower, Borrower’s familiarity with the Property, and the Appraisal (which Borrower believes to contain a reasonable assessment of the fair market value of the Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property.

  • To the best knowledge of Borrower, based on the substantial real estate expertise of ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇'s familiarity with the Property, and the Appraisal (which Borrower believes to contain a reasonable assessment of the fair market value of the Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property as of the Closing Date.

  • Each Loan shall be evidenced by a Note in the Initial Allocated Loan Amount of such Loan.

  • To the best knowledge of Grantor, based on the substantial real estate expertise of Grantor, Grantor's familiarity with the Trust Property, and the Appraisal (which Grantor believes to contain a reasonable assessment of the fair market value of the Trust Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Trust Property.

  • To the best knowledge of Mortgagor, based on the Appraisal (which Mortgagor believes to contain a reasonable assessment of the fair market value of the Mortgaged Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Mortgaged Property.

  • Section 1.1 of the Existing Loan Agreement is hereby amended as follows: The following definitions are hereby deleted in their entirety: "Borrowers," "Initial Allocated Loan Amount," "NACC," "Nomura," "Remaining Realty," and "Security Agreement." The existing definitions of the following terms are hereby deleted in their entirety and replaced with the following respective definitions: "ALLOCATED LOAN AMOUNT" shall mean, with respect to any Property, the amount set forth for such Property on Schedule 5.


More Definitions of Initial Allocated Loan Amount

Initial Allocated Loan Amount means, for each Mortgaged Property, the portion of the principal amount of the Mortgage Loan allocated to such Mortgaged Property for certain purposes (including, without limitation, determining the release prices of properties) under such Mortgage Loan as of the date of origination. The Initial Allocated Loan Amount for each Mortgaged Property was determined generally based on the ratio of the appraised value of such Mortgaged Property to the aggregate appraised value of all the Mortgaged Properties securing the Mortgage Loan, with adjustments for the location, physical attributes and amenities of the Mortgaged Property.
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Initial Allocated Loan Amount means the portion of the Loan Amount allocated to each Cross-collateralized Property as set forth on EXHIBIT F annexed hereto and made a part hereof.
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Related to Initial Allocated Loan Amount

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Class A Principal Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, determined as follows: (A) with respect to the Group I Class A Certificates, a fraction, the numerator of which is (x) the portion of the Principal Remittance Amount for such Distribution Date that is attributable to the principal received or advanced on the Group I Mortgage Loans and the denominator of which is (y) the Principal Remittance Amount for such Distribution Date and (B) with respect to the Group II Class A Certificates, a fraction, the numerator of which is (x) the portion of the Principal Remittance Amount for such Distribution Date that is attributable to the principal received or advanced on the Group II Mortgage Loans and the denominator of which is (y) the Principal Remittance Amount for such Distribution Date.

  • Principal Allocation Percentage means, with respect to any day during a Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is (a) during the Revolving Period, the Series Adjusted Invested Amount for Series 2022-2 as of the last day of the immediately preceding Monthly Period (or, in the case of the first Monthly Period, the Initial Invested Amount) and (b) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the Series Adjusted Invested Amount for Series 2022-2 as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the product of (x) the sum of (i) the total amount of Principal Receivables in the Trust as of the last day of the immediately preceding Monthly Period (or with respect to the first Monthly Period, the total amount of Principal Receivables in the Trust as of the Closing Date) and (ii) the principal amount on deposit in the Special Funding Account as of such last day (or with respect to the first Monthly Period, the Closing Date) and (y) the Series 2022-2 Allocation Percentage as of the last day of the immediately preceding Monthly Period; provided, however, that with respect to any Monthly Period in which an Addition Date for an Aggregate Addition or a Removal Date occurs the amount in (x)(i) above shall be (1) the aggregate amount of Principal Receivables in the Trust at the end of the day on the last day of the prior Monthly Period for the period from and including the first day of such Monthly Period to but excluding the related Addition Date or Removal Date and (2) the aggregate amount of Principal Receivables in the Trust at the end of the day on the related Addition Date or Removal Date for the period from and including the related Addition Date or Removal Date to and including the last day of such Monthly Period; and provided further, that if after the commencement of the Controlled Accumulation Period a Pay-Out Event occurs with respect to another Series that was designated in the Supplement therefor as a Series that is a “Paired Series” with respect to Series 2022-2, the Transferor may, by written notice delivered to the Trustee and the Servicer, designate a different numerator for the foregoing fraction, provided that (x) such numerator is not less than the Adjusted Invested Amount as of the last day of the revolving period for such Paired Series, (y) the Transferor shall have received written notice from each Rating Agency that the Rating Agency Condition has been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee and (z) the Transferor shall have delivered to the Trustee an Officer’s Certificate of such Transferor to the effect that, based on the facts known to such officer at such time, in the reasonable belief of such Transferor, such designation will not cause a Pay-Out Event or an event that, after the giving of notice or the lapse of time, would constitute a Pay-Out Event, to occur with respect to Series 2022-2.