Financials and Appraisals. Lender shall have received and approved: (i) financial statements from Borrower and Guarantor complying with the standards set forth in Section 9.2.; (ii) an appraisal of the Property from an appraiser acceptable to Lender setting forth an appraised value of the Property which results in a Loan to Value Ratio acceptable to Lender (it being understood that the statements and appraisals previously submitted by Borrower to Lender to satisfy these requirements).
Financials and Appraisals. Administrative Agent on behalf of the Lenders shall have received and approved: (i) consolidated financial statements of General Partner complying with the standards set forth in Section 7.2, and (ii) a statement of Appraised Asset Value dated as of a recent date for the Portfolio Assets, which indicates Borrower’s Pro Rata Share of each Portfolio Asset.
Financials and Appraisals. Lender shall have received and approved financial statements from Borrower and Guarantor complying with the standards set forth in Section 9.2.
Financials and Appraisals. Lender shall have received and approved: (i) financial statements from Borrower and Guarantor which, as to Borrower, comply with the standards set forth in Section 9.2 and which, as to Guarantor, comply with the standards of Section 13 of the Guaranty; and (ii) an appraisal of the Property from an appraiser acceptable to Lender setting forth (i) an appraised value of the Property on an “as is” basis which results in a Loan to Value Ratio not in excess of 55% based upon full funding of the Loan. The Lender acknowledges receipt and approval of such appraisals (satisfying said Loan to Value Ratio), and such financial statements in satisfaction of this Section.
Financials and Appraisals. Agent and each of the Lenders shall have received and approved: (i) financial statements from Guarantor complying with the standards set forth in Section 9.2.; and (ii) an appraisal of the subject Property from an appraiser acceptable to Agent and each of the Lenders setting forth an appraised value of the Property which results in the amount of the Loan being advanced being no greater than 75% of the Appraised Value of the Property being acquired.
Financials and Appraisals. 5 7.5 VALIDITY AND SUFFICIENCY OF SECURITY DOCUMENTS........................5 7.6 NO OTHER LIENS; TAXES AND MUNICIPAL CHARGES CURRENT...................5 7.7
Financials and Appraisals. Administrative Agent and each of the Lenders shall have received and approved: (i) financial statements from Borrower and Indemnitor complying with the standards set forth in Section 9.2.; (ii) (if available after Borrower uses reasonable efforts to obtain them), current itemized, signed financial statements of each Major Tenant; and (iii) an appraisal of the Property from an appraiser acceptable to Administrative Agent and each of the Lenders setting forth an appraised stabilized value of the Property (which value shall only be based upon the income producing parcels of the Property) which results in a Loan to Value Ratio not in excess of 65%.
Financials and Appraisals. The Lender shall have received and approved: (i) financial statements from Borrower and Guarantor complying with the standards set forth in Section 9.2.; (ii) an appraisal of the Property in form and substance and from an appraiser acceptable to the Lender setting forth a “going concern” appraised value of the Property of not less than 65% of the amount of the Loan. Lender acknowledges that the conditions in this Section 7.4 have been satisfied.
Financials and Appraisals. Lenders shall have received and approved: (a) current financial statements from Borrower in all respects satisfactory to Lenders, a pro-forma balance sheet for the Borrower in all respects satisfactory to Lenders, setting forth the cost basis of the Property, prepared by Borrower, together with a certification by Borrower stating that such balance sheet is accurate in all material respects; (b) financial statements of the Guarantor in all respects satisfactory to Lenders; (c) an appraisal of the Property from an appraiser acceptable to Agent setting forth the Approved Appraised Value of the Property (on a “stabilized” basis) that is sufficient to cause the LTV Ratio on a “stabilized” basis to not exceed sixty-five percent (65%); (d) an operating statement for the Property; and (e) such other information as Agent may reasonably request.
