Adjusted Loan Amount definition

Adjusted Loan Amount means the lesser of (a) 75% of the Appraised Value the real estate and improvements described in the Mortgages (excluding the Lakes Mall Mortgage), plus 67.5% of the value of the real estate and improvements described in the Lakes Mall Mortgage; or (c) the Permanent Loan Estimate of all Collateral Properties; or (c) $100,000,000.00.

Adjusted Loan Amount means the total outstanding Nominal Amount of MTNs relating to a particular Loan less MTNs owned by a Group Company, irrespective of whether such Group Company is registered by name as the holder of such MTNs.

Adjusted Loan Amount means 100% of the combined Net Operating Income from the properties described in the CBL Mortgage (except the CBL Mortgage on The Lakes Mall which shall be included at 90% of the Net Operating Income) as of each July 1, January 1, April 1 and October 1, as the case may be, based upon the then immediately preceding twelve (12) month period, divided by 1.25 with the resulting figure being further divided by the applicable mortgage constant of .1042.

Examples of Adjusted Loan Amount in a sentence

• Meeting is quorate if Noteholders representing at least 50 per cent of the Adjusted Loan Amount under the relevant Loan in respect of a matter in section 12.1 and otherwise 20 per cent of the Adjusted Loan Amount under the relevant Loan are present at the meeting either in person or by telephone (or are present via an authorized representative).

• The chairman shall prepare a list of Holders pre- sent who are entitled to vote, including information regarding the share of the Adjusted Loan Amount represented by each Holder (”Voting Register”).

• The Dealers may, and shall following a written request from SCBC or the Holders that on the date of the notice represent morethan one tenth of the Adjusted Loan Amount send out a notice to attend a holders' meeting (Holders' Meeting).

• At any time when a Term Loan is outstanding, as part of the semi-annual audit pursuant to Section 5.8, the auditor will calculate the Borrowing Base using the Adjusted Loan Amount instead of the Loan Amount for each Eligible Lease.

• The chairman shall compile a list of present Holders with voting rights that includes information on the share of the Adjusted Loan Amount that each Holder represents (“voting list”).

More Definitions of Adjusted Loan Amount

Adjusted Loan Amount means the combined Net Operating Income from the properties described in the CBL Mortgage as of each July 1, January 1, April 1 and October 1, as the case may be, based upon the then immediately preceding twelve (12) month period, divided by 1.25 with the resulting figure being further divided by the applicable mortgage constant of .1159.

Adjusted Loan Amount means, with respect to a specific Loan, the Loan Amount less the amount of all Notes owned by the Issuer, another Group Company or EQT VII, whether the Issuer, that Group Company or EQT VII is directly registered as owner of such Notes or not.

Adjusted Loan Amount means, at any time of determination:

Adjusted Loan Amount means the Loan Amount less the amount of all MTN owned by the Company or another Group Company, whether the Company or that Group Company is directly registered as owner of such MTN or not.

Adjusted Loan Amount means, with respect to a specific Loan, the Total Nominal Amount of outstanding Notes excluding Notes held by the Issuer and any other member of the Group, irrespective of whether such person is directly registered as owner of such Notes;

Adjusted Loan Amount means the lesser of (a) an eighty-five percent (85%) loan-to-value ratio of the Mortgaged Properties, such loan-to-value ratio to be calculated based upon the appraised values given to the Mortgaged Properties in current appraisals complying with the Bank's standard appraisal requirements, or (b) the combined Net Operating Income from the Mortgaged Properties as of each January 1, April 1, July 1 and October 1, as the case may be, based upon the then immediately preceding twelve (12) month period, divided by 1.15 with the resulting figure being further divided by the applicable mortgage constant of 8.81 (as such mortgage constant may be adjusted from time to time in Bank's reasonable judgment based upon Bank's then current permanent loan underwriting criteria for comparable projects), or (c) Twenty Million Dollars ($20,000,000).

Adjusted Loan Amount means, with respect to a specific Loan, the Total Nominal Amount of outstanding Covered Bonds excluding Covered Bonds held by the Issuer and any other member of the Group, irrespective of whether such entity is registered by name as the Bondholder of such Covered Bonds;