Loan to Value Sample Clauses

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.

Loan to Value. The maximum principal amount of the Loan does not exceed one hundred twenty-five percent (125%) of the aggregate fair market value of the Properties.

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

Loan to Value. From and after the date hereof, the Borrower agrees to maintain at all times during the term of the Loan a Loan-to-Value ratio of less than or equal to eighty-five percent (85%), subject to the terms and conditions of Section 1.4.

Loan to Value. As of the Cut-Off Date, no Home Loan had a Loan-To-Value Ratio in excess of 90.00% and as of the Cut-off Date, the weighted average Loan-To-Value Ratio is _________ %;

Loan to Value. The principal amount of the Mortgage Loan will not exceed any applicable loan-to-value limits as established by FHA or VA or USDA Rural Development or the PMI Insurer or GNMA, Xxxxxxx Mac or Xxxxxx Mae, as applicable, or as permitted by the Program Manual.

Loan to Value. Without prejudice to the terms and conditions hereof, the Company and Gazit-Globe shall immediately notify the Bank if, on any Trading Day, the amount of the Total Unpaid Outstandings exceeds the Stop Loss Limit.

Loan to Value. The Loan to Value shall at no time exceed 30%.

Loan to Value. Shall not permit the Loan to Value (as described herein) of the Loan to be at any time greater than eighty percent (80%). “Loan to Value” means the outstanding principal amount of the Loan divided by the “as is” appraised value of the Premises (expressed as a percentage), as determined by an annual appraisal obtained by Lender and paid for by the Borrower, addressed and in form and content reasonably satisfactory to the Lender, in compliance with all applicable governmental requirements, and made by a qualified appraiser reasonably satisfactory to the Lender.

Loan to Value. At all times during the term of the Loan, the unpaid principal balance of the Loan shall not exceed fifty percent (50%) of the value of the Project, as determined by Lender in its sole discretion based on (i) the Appraisals obtained pursuant to Section 5.15 hereof or (ii) evaluations of the value of the Project prepared or obtained by Lender's appraisal department in connection with any modifications of the Loan Documents. If for any reason the loan-to-value ratio exceeds said percentage, then Borrower shall, upon Lender's demand, immediately reduce the unpaid principal balance of the Loan, or deposit sufficient sums with Lender to reduce the loan-to-value ratio to at or below said percentage. For the purposes of determining the loan-to-value ratio, the value of the Project as determined pursuant to any Appraisal or evaluation shall represent the fractional interest in the Project encumbered by the Deed of Trust (which may be adjusted by Lender from time to time in its sole discretion as fractional interests are sold and released) and, unless otherwise agreed or elected by Lender in its sole and absolute discretion, shall not include the value of Timeshare Intervals that have been sold or any amounts receivable in respect to the sale of such Timeshare Intervals. Borrower acknowledges that in connection with the Third Modification Agreement dated as of January 25, 1996, Lender, through its appraisal department, has ordered and will obtain an Appraisal or evaluation of the value of the Project and Borrower agrees, without limiting this Section 5.16, that if the results of such Appraisal/evaluation reflect a loan-to-value ratio of greater than 50%, Borrower will comply with this Section 5.16. 2.2 The securing clause of the Security Agreement is modified in its entirety to read as follows: To secure performance of the covenants and agreements herein set forth and payment of Debtor's promissory note dated January 25, 1996 in the sum of Two Million Four Hundred Eighty-Five Thousand and no/100 Dollars ($2,485,000.00), which Note restates Debtor's promissory note dated October 4, 1994, and interest as specified therein and any and all extensions or renewals thereof in whole or in part. 2.3 Recital B of the Assignment is modified in its entirety to read as follows: