Closing Date Debt Yield definition

Closing Date Debt Yield means 6.24%.

Closing Date Debt Yield means 7.59%.

Closing Date Debt Yield shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Closing Date Debt Yield in a sentence

• For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to Lender as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.

• For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to Administrative Agent as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.

• For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to Xxxxxx as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.

More Definitions of Closing Date Debt Yield

Closing Date Debt Yield means 10.35%.

Closing Date Debt Yield means (i) 7.90%, if the Permitted Mezzanine Loan is not then outstanding, or (ii) 7.30%, if the Permitted Mezzanine Loan is then outstanding.

Closing Date Debt Yield means 11.0%.

Closing Date Debt Yield means seven and 33/100 percent (7.33%).

Closing Date Debt Yield means 5.73%.

Closing Date Debt Yield means a Debt Yield of 11.6%.

Closing Date Debt Yield means 5.09%.