Common use of Property Insurance Deductible Clause in Contracts

Property Insurance Deductible. The loan documents permit a property insurance deductible of up to $500,000. The in-place property insurance deductible is $250,000. The aggregate loan amount is $550,000,000 ($382,700,000 senior and $167,300,000 subordinate). (ii)

Property Insurance Deductible. The loan documents permit a property insurance deductible of up to $500,000250,000. The in-place property insurance deductible is $250,000. The aggregate loan amount is $550,000,000 ($382,700,000 senior and $167,300,000 subordinate)100,000. (ii)