Common use of Floating Interest Rates Clause in Contracts

Floating Interest Rates. Each Mortgage Loan bears interest at a floating rate based on LIBOR.

Appears in 13 contracts

Samples: Mortgage Asset Purchase Agreement (Arbor Realty Trust Inc), Loan Obligation Purchase Agreement (Arbor Realty Trust Inc), Loan Obligation Purchase Agreement (Arbor Realty Trust Inc)

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Floating Interest Rates. Each Mortgage Loan bears interest at a floating rate of interest that is based on LIBORLIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).

Appears in 8 contracts

Samples: Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (Granite Point Mortgage Trust Inc.)

Floating Interest Rates. Each The Mortgage Loan bears interest at a floating rate of interest that is based on LIBORLIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (LoanCore Realty Trust, Inc.)

Floating Interest Rates. Each Mortgage Loan bears interest at a floating rate of interest that is based on LIBORone-month LIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).

Appears in 1 contract

Samples: Mortgage Asset Purchase Agreement (Ares Commercial Real Estate Corp)

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Floating Interest Rates. Each Mortgage Purchased Loan bears interest at a floating rate of interest that is based on LIBOR.LIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate)

Appears in 1 contract

Samples: Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.)

Floating Interest Rates. Each The interest rate of each Commercial Mortgage Loan that bears interest at a floating rate of interest is based on LIBORLIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

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