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).
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Samples: Loan Agreement (Westwood Group Inc)
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.; . and (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)not in excess of 75%.
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Financials and Appraisals. Lender shall have received and approved: (i) financial statements from Borrower Borrower, ARC and Guarantor Manager complying with the standards set forth in Section 9.2.; and (ii) an appraisal of the Property from an appraiser reasonably acceptable to Lender setting forth an appraised opinion as to the fair market 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)Property, based upon Full Completion.
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Samples: Construction Loan Agreement (American Retirement Corp)
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)not in excess of 80%.
Appears in 1 contract
Samples: Loan Agreement (Unitil Corp)