Allocated Loan Amounts definition

Allocated Loan Amounts means the pro rata allocation of the Loan to each Individual Property (each, an “Allocated Loan Amount”), as mutually agreed between Lender and Borrowers and as currently set forth in Exhibit D attached hereto and by this reference made a part hereof.

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Allocated Loan Amounts means for each Project existing on the Closing Date, the amount of the Loan allocated to such Project and set forth on Schedule 11.19 hereto.

Allocated Loan Amounts means, with respect to each Borrower, the allocated portion of the Advances in the amount set forth opposite such Borrower’s name in Schedule I hereto.

Examples of Allocated Loan Amounts in a sentence

Prepayments under Section 2.4.3 shall reduce the Allocated Loan Amount with respect to the applicable Property, until the Allocated Loan Amount and any interest, fees or other Obligations related thereto is zero and any excess of such prepayment shall be applied to reduce the Allocated Loan Amounts for the remaining Properties on a pro rata basis.
Prepayments under Section 2.4.2 shall reduce the Allocated Loan Amount with respect to the applicable Property, until the Allocated Loan Amount and any interest, fees or other Obligations related thereto is zero and any excess of such prepayment shall be applied to reduce the Allocated Loan Amounts for the remaining Properties on a pro rata basis.
Lender agrees that it shall provide a written consent to the repayment of the Loan upon satisfaction of the conditions set forth in clauses (a) through (f) of this Section 2.4.1. Following any prepayment of the Loan as described in this Section 2.4.1, the Allocated Loan Amounts shall be reduced (on a pro rata basis) in an amount equal to such prepayment.
Simultaneously with the closing of the sale of the Rio Las Vegas, the Allocated Loan Amounts for each Individual Property set forth on Schedule II attached shall be automatically adjusted as set forth in Section 2.5.1 of the Mortgage Loan Agreement.
The proposed Substitution does not cause (A) more than two Individual Properties to be within a three (3) mile radius of each other or (B) any two Individual Properties to be within a three (3) mile radius of each other having aggregate Combined Allocated Loan Amounts in excess of forty percent (40%) of the Combined Principal Amount.
Except for any mandatory prepayment made pursuant to Section 2.07 and any prepayment made under Sections 2.06(c) and 2.09, and notwithstanding when such prepayment is made, each partial prepayment of the Loans shall be deemed to reduce the Allocated Loan Amounts pro-rata in accordance with the Allocated Loan Amount for each Project.
The Allocated Loan Amounts shall not be subject to adjustment or reallocation as a result of any prepayments of the Principal Balance.
Mezzanine Borrower may cause Mortgage Borrower, subject to the conditions in this Section 2.3.5, to substitute one or more properties (each a “Substitute Property”) for one or more existing Individual Properties (each a “Replaced Property”) (each release and substitution a “Substitution”); provided, however, such right of Substitution shall be limited to Individual Properties whose aggregate Allocated Loan Amounts represent not greater than fifteen percent (15%) of the Loan Amount.
Such Amended and Restated Schedules 1.01(1), 1.01(3) and 1.01(9) set forth, respectively, revised Allocated Loan Amounts, Appraisal Amounts and Title Policy amounts for each Project.
Payments of the Monthly Amortization Amount shall reduce the Allocated Loan Amounts for each Property on a pro rata basis.

More Definitions of Allocated Loan Amounts

Allocated Loan Amounts. The Clearwater Facility: $$6,440,000.00; the Jacksonville Facility: $12,040,000.00; and the Chenal Facility: $9,520,000.00. Such allocation is based on the relative fair market values of the Facilities as determined by Lender in its sole discretion, based on Appraisals of the Facilities, which have been approved by Lender in its sole discretion.

Allocated Loan Amounts shall have the meaning specified in Section 2.11 hereof.

Allocated Loan Amounts means, in respect of a Property, the amount set out opposite such Property in the column “Allocated Loan Amounts” in Schedule 1 (Properties).

Allocated Loan Amounts means the allocation of the Loan to the Office Parcel and the Retail Parcel as set forth on Exhibit B attached hereto.