Allocated Loan Amount Sample Clauses
The Allocated Loan Amount clause defines the specific portion of a total loan that is assigned to a particular asset, property, or borrower within a larger financing arrangement. In practice, this clause details how the overall loan is divided, often in multi-property or multi-borrower transactions, by specifying the amount of debt attributed to each component. This allocation is crucial for determining liability, calculating payments, and managing collateral, ultimately ensuring clarity and fairness in the distribution of loan obligations among different parties or assets.
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Allocated Loan Amount. Schedule C attached to the Loan Agreement is deleted and replaced with Schedule C hereto.
Allocated Loan Amount. 10 ANOI............................................ 5
Allocated Loan Amount. Exhibit I of the Loan Agreement is hereby amended and restated to read in its entirety as set forth on the attached Exhibit I. Borrower and Lender hereby acknowledge and agree that, concurrently with the Amendment Effective Date, $49,690,007 of the outstanding Loan Amount has been repaid and that the remaining outstanding principal Loan Amount is $77,943,472.
Allocated Loan Amount. The definition of Allocated Loan Amount shall be amended to include the outstanding principal amount of the Additional Loan as of the relevant date of determination allocated to each Additional Property as set forth on Schedule E hereto; (b)
Allocated Loan Amount. Exhibit I of the Loan Agreement is hereby amended and restated to read in its entirety as set forth on the attached Exhibit I.
Allocated Loan Amount. The Allocated Loan Amount for each Property shall be increased dollar for dollar for Loan advances made after the initial Loan advance which relate directly to such Property. The Allocated Loan Amount for each Property shall be decreased dollar for dollar for prepayments of principal which relate directly to such Property (e.g., casualty or condemnation proceeds, or payment of a Release Price). Any Loan advance or prepayment of principal not directly related to a specific Property, and any prepayment proceeds in excess of a Property’s Allocated Loan Amount (e.g., the excess portion of the Release Price paid for such specific Property), shall be allocated by the Administrative Agent to the Properties, on a pro rata basis, in accordance with each Property’s Allocated Loan Amount.
Allocated Loan Amount. “Allocated Loan Amount’ means, with respect to each Property, the Allocated Loan Amount set forth next to such Property listed on Schedule A hereto.
Allocated Loan Amount. For purposes of this Contribution Agreement, the “Allocated Loan Amount” of any Contributor as of any date of determination shall be the amount of loan proceeds benefiting each Contributor as reflected in Exhibit A attached hereto. Each Contributor hereby represents, warrants, and certifies to the other Contributor and Lender that it believes, as of the date hereof, the Allocated Loan Amounts are true and correct and accurately reflect value to such Contributor which was in the case of each Contributor applied to acquire properties for such Contributor or for other corporate or company purposes.