Loan to Cost Ratio Sample Clauses

Loan to Cost Ratio. A calculation of the current Loan to Cost Ratio.
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Loan to Cost Ratio. Borrower shall at all times comply with the Loan to Cost Ratio. If at any time Borrower is not in compliance with the Loan to Cost Ratio, then, within ten (10) days of Bank’s written demand, Borrower shall pay down the principal balance of the Construction Loan in such amount as will bring the Loan to Cost Ratio into compliance with this Section 7.2(b). ​
Sample 1
Loan to Cost Ratio. 5.1. The loan to cost ratio shall be declared in a percentage and shall express the annual burden of costs (interest, contractual charges) related with the Loan Agreement, for using the Loan. The costs related with the Agreement (the Loan to cost ratio) for the Borrower amounts to [●] percent of the Net Loan Amount per year. The Loan to cost ratio indicated in this Clause shall be applicable subject to the validity of the Agreement for the agreed period of time under the conditions of its conclusion (which means that the repayment instalment and the Loan repayment time limit shall remain unchanged).
Sample 1
Loan to Cost Ratio. The Loan-to-Cost Ratio of the Mortgage Loan does not exceed [***]. Attention: Address: Telephone: Facsimile: Any of the persons whose signatures and titles appear below are authorized, acting singly, to act for Seller under this Agreement: Name: Operations Address: Worldwide Plaza 000 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Telephone: [***] Facsimile: [***] Email: [***] With a copy to: Name: [***] Address: Worldwide Plaza 000 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Telephone: [***] Facsimile: [***] Email: [***] Any of the persons whose signatures and titles appear below, including any other authorized officers, are authorized, acting singly, to act for Buyer under this Agreement: [***] [***] [***] [***] [***] [***] [***] [***] Nomura Corporate Funding Americas, LLC Worldwide Plaza 000 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Attention: Operations
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Loan to Cost Ratio. Pre-Sold Home 85 % Spec Home 80 % Model Home 80 %
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Loan to Cost Ratio. The Loan-to-Cost Ratio (x) for each Mortgage Loan other than a High LTC Mortgage Loan, does not exceed [***] and (y) for each High LTC Mortgage Loan, does not exceed [***].
Sample 1
Loan to Cost Ratio. One hundred percent (100%) of the actual cost to Borrower of such Lot and Home.
Sample 1
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Loan to Cost Ratio. Borrower and Co-Borrower will not permit the Aggregate Outstanding Credit Exposure at any time to exceed an amount equal to 50% of the total Approved Construction Costs for the Project incurred through such date.
Sample 1

Related to Loan to Cost Ratio

  • Loan-to-Value Ratio The fraction, expressed as a percentage, the numerator of which is the original principal balance of the related Mortgage Loan and the denominator of which is the Appraised Value of the related Mortgaged Property.

  • Loan to Value The maximum principal amount of the Note does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property as set forth on the appraisal of the Property delivered to Lender.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Minimum Debt Service Coverage Ratio as at the end of each Fiscal Quarter, the Debt Service Coverage Ratio shall not be less than 1.20 to 1.00; and

  • Minimum Current Ratio The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

  • LTV No Mortgage Loan has an LTV greater than 100%;

  • Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

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