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 Properties as set forth on the appraisal of the Properties.
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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 Properties as set forth on reflected in the appraisal Approved Appraisals of the PropertiesProperties delivered to Lender in connection with the closing of the Loan.
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Loan to Value. The Based on the Appraisal delivered to Lender on the Closing Date, the maximum principal amount of the Loan does not exceed one hundred twenty-five percent (125%) of the fair market value of the Properties as set forth on the appraisal of the PropertiesProperty.
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Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.)
Loan to Value. The maximum principal amount of the Loan 3 does not exceed one hundred twenty-five percent (125%) of the fair market value of the Properties Property as set forth on the appraisal of the PropertiesProperty delivered to Lender.
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