Building Loan Amount definition

Building Loan Amount means TWO HUNDRED FIFTEEN MILLION and NO/100 DOLLARS ($215,000,000.00).
Building Loan Amount means Twenty-Three Million Twenty-Six Thousand Nine Hundred Six and 60/100 Dollars ($23,026,906.60).
Building Loan Amount shall have the meaning set forth in the Building Loan Agreement.

Examples of Building Loan Amount in a sentence

  • Except as expressly provided for below, the amount of the Final Advance shall be equal to the sum of: (a) any Retainage not previously released and advanced to Borrower; plus (b) the amount of any Punch List and Deferred Maintenance Reserve Deposit; plus (c) the positive difference, if any, between, (i) the Building Loan Amount and (ii) all amounts previously Advanced under the Building Loan (including the amounts described in clauses (a) and (b) of the sentence).

  • If and to the extent any Lender shall fund amounts in excess of the Building Loan Amount for any purpose, such Lender's Ratable Share of the Building Loan shall be adjusted from time to time based on the total amounts advanced by all of Lenders from time to time in respect of the Building Loan.

  • No action from the local GRP and station master is taken on this matter.”He added, “This matter needs to be brought to the notice of the traffic police.”Suraj Tungare, a Nerul residentadded, “The entrance to the railway station is regularly blocked with vehicles.

  • In such event, the Building Loan Amount shall be permanently reduced by any and all Deficiencies unless and until funded as provided in clauses (A) or (B) above or a substitute lender, reasonably acceptable to Lenders other than the Defaulting Lender(s), pays such Deficiency(ies).

  • The parties hereto acknowledge and confirm that the Building Loan Amount (as defined in the Existing Building Loan Agreement) has been fully funded in the principal amount of $215,000,000.00 pursuant to the Existing Building Loan Agreement and that Lenders have no further obligations to make any advances of the Building Loan under the Existing Building Loan Agreement as amended by this Amendment.


More Definitions of Building Loan Amount

Building Loan Amount means TWO HUNDRED FIFTEEN MILLION and NO/100 DOLLARS ($215,000,000.00), or so much thereof as remains outstanding under the Building Loan Note. It being acknowledged that after the assignment of Substitute Building Loan Note B and Substitute Building Loan Mortgage B to the BLP Unit Lender, the amount that will remain outstanding on the Building Loan will be NINETY MILLION and NO/100 DOLLARS ($90,000,000.00).
Building Loan Amount means $170,529,479.
Building Loan Amount. Project Loan Mortgage" and "Supplemental Loan Costs" are hereby amended as follows:
Building Loan Amount means an amount of up to $48,000,000.00.
Building Loan Amount means $87,975,000.00.
Building Loan Amount shall have the meaning set forth in Section 2.6.2(g)(B). “Building Loan Documents” shall mean the “Loan Documents” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Outstanding Principal Balance” shall mean the “Outstanding Principal Balance” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Pro Forma Debt Service” shall mean the “Pro Forma Debt Service” as defined in the Building Loan Agreement and the Supplemental Building Loan Agreement. “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday on which national banks are not open for general business in the State of New York. “Capital Expenditures” shall mean, for any period, amounts expended for replacements and alterations to the Property, excluding any Tenant Improvements or Other Tenant Improvements, which are required to be capitalized according to Accounting Principles. “Capital Expenditures Work” shall mean any labor performed or materials installed in connection with any Capital Expenditure. “Capped Benchmark Rate” shall mean five and one-half percent (5.50%). “Carry Costs” shall mean the sum of the following costs associated with the Property for the applicable period or Fiscal Year: (i) Taxes, (ii) Other Charges, (iii) Insurance Premiums, and (iv) without duplication of the items described in clauses (i) – (iii),
Building Loan Amount shall have the meaning set forth in Section 2.6.2(m)(B).