Loan to Value. Based on the Appraisal delivered to Lender on the Closing Date, the maximum principal amount of the Loan does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property.
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Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.)
Loan to Value. Based on the Appraisal delivered to Lender on the Closing Date, the The maximum principal amount of the Loan does not exceed one hundred twenty-five percent (125%) of the fair market value of the PropertyProperties as set forth on the appraisal of the Properties.
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Loan to Value. Based on the Appraisal delivered to Lender on the Closing Date, the The maximum principal amount of the Loan 3 does not exceed one hundred twenty-five percent (125%) of the fair market value of the PropertyProperty as set forth on the appraisal of the Property delivered to Lender.
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Loan to Value. Based on the Appraisal delivered to Lender on the Closing Date, the The maximum principal amount of the Loan does not exceed one hundred twenty-five percent (125%) of the fair market value of the PropertyProperties as reflected in the Approved Appraisals of the Properties delivered to Lender in connection with the closing of the Loan.
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