Loans Secured by Real Property. Less than 45% of the Aggregate Outstanding Loan Balance of the Loan Pool as of the Initial Cut-Off Date consists of Loans principally secured by real property, and less than 45% of the Aggregate Outstanding Loan Balance of the Loan Pool as of each Subsequent Transfer Date shall consist of Loans principally secured by real property.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)
Loans Secured by Real Property. Less than 452% of the Aggregate ------------------------------ Outstanding Loan Balance of the Loan Pool as of the Initial Cut-Off Closing Date consists of Loans principally secured by real property, and less than 4550% of the Aggregate Outstanding Loan Balance of the Loan Pool as of each Subsequent Transfer Date shall consist of Loans principally secured by real property.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (MCG Capital Corp), Loan Sale Agreement (MCG Capital Corp)
Loans Secured by Real Property. Less than 4526.3% of the Aggregate Outstanding Loan Balance of the Loan Pool as of the Initial Cut-Off Date consists of Loans principally secured by real property, and less than 4550% of the Aggregate Outstanding Loan Balance of the Loan Pool as of each Subsequent Transfer Date shall consist of Loans principally secured by real property.
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