Aggregate Loan to Value Ratio means, for any specified date, the ratio (expressed as a percentage) of--

Aggregate Loan to Value Ratio means, for any specified date, the ratio (expressed as a percentage) of—

Aggregate Loan to Value Ratio means, for any specified date, the ratio of (expressed as a percentage) (a) the sum of the Facility Amount and DMBS Loans outstanding on the specified date to (b) the aggregate of the Valuations most recently obtained prior to the specified date for all of the Mortgaged Properties. Amendment No. 3 to Master Reimbursement Agreement Mid-America Apartments

Examples of Aggregate Loan to Value Ratio in a sentence

If Lender consents it shall set forth the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio which it estimates shall result from the addition of the proposed Additional Mortgaged Property.
Changes in Allocable Facility Amount, Valuations, the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio shall be made pursuant to Section 2.05(b).
Once each Calendar Quarter, within 20 Business Days after the Borrower has delivered to the Lender the reports required in Section 13.04, the Lender shall determine the Aggregate Debt Service Coverage Ratio for the Trailing 12 Month period and the Aggregate Loan to Value Ratio.
The Lender shall evaluate the proposed Substituted Mortgaged Property, and shall make underwriting determinations as to (a) the Aggregate Debt Service Coverage Ratios and the Aggregate Loan to Value Ratio immediately prior to and immediately after giving effect to the proposed substitution, and (b) the Valuation and the Net Operating Income for the Trailing 12 Month Period for both the proposed Substituted Mortgaged Property and the proposed Collateral Release Property.
On the Initial Closing Date, Lender shall determine (i) the Allocable Facility Amount and Valuation for each Mortgaged Property and (ii) the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio.

More Definitions of Aggregate Loan to Value Ratio

Aggregate Loan to Value Ratio means the ratio, as of a particular date, in which the numerator is equal to the Aggregate Debt and the denominator is equal to the appraised value of the Property based on an Appraisal, as determined by Lender in its sole and absolute discretion.

Aggregate Loan to Value Ratio means, as of the date of its calculation, the ratio of (i) the sum of (a) the Outstanding Principal Balance and (b) the amount of the Subordinate Debt, to (ii) the fair market value of the Property, as determined based upon a third- party appraisal ordered and approved by Lender and conducted not more than sixty (60) days prior to the date of calculation.

Aggregate Loan to Value Ratio means, at any time, the ratio (expressed as a percentage) of (a) the Aggregate Facility Amount to (b) the aggregate of the Values for all of the Properties plus the aggregate amount of the Release Price Cash Collateral, if any, held by Fannxx Xxx xx such time.

Aggregate Loan to Value Ratio means, for any specified date, the ratio of (expressed as a percentage) (a) the Facility Amount on the specified date to (b) the aggregate of the Valuations most recently obtained prior to the specified date for all of the Mortgaged Properties.

Aggregate Loan to Value Ratio means, at any time, the ratio (expressed as a percentage) of:

Aggregate Loan to Value Ratio has the meaning given such term in the Master Reimbursement Agreement.

Aggregate Loan to Value Ratio means, as of the date of its calculation, the ratio of (i) the sum of (a) the Outstanding Principal Balance and (b) the amount of the Subordinate Debt, to (ii) the fair market value of the Property, as determined based upon a third-party appraisal ordered and approved by Lender and conducted not more than sixty (60) days prior to the date of calculation.