Closing Date LTV definition

Closing Date LTV means 79.7%.
Sample 1Sample 2Sample 3
Closing Date LTV means (i) 73.40%, if the Permitted Mezzanine Loan is not then outstanding, or (ii) 78.50%, if the Permitted Mezzanine Loan is then outstanding.
Sample 1Sample 2Sample 3
Closing Date LTV means a Loan-to-Value Ratio of 42.9%.
Sample 1

Examples of Closing Date LTV in a sentence

  • After giving effect to such Substitution, as of the Substitution Date the LTV Ratio for all of the Properties then remaining subject to the Liens of the Security Instruments (i.e. including the Substitute Property and excluding the Replaced Property), shall not be more than the Closing Date LTV.

  • From the date hereof through the Closing Date, LTV shall provide to Buyer, at no charge, the right to use reasonable office space at Independence Center and/or Cleveland Works as requested by Buyer and shall provide appropriate equipment and facilities for reasonable use by Buyer including parking spaces, phones, fax machines and copy machines.

  • At the request and the sole expense of Buyer, at any time after the Closing Date, LTV Companies shall execute and deliver such documents as Buyer or its counsel may reasonably request to effectuate the purposes of this Agreement.

  • After giving effect to such Substitution, as of the Substitution Date, the LTV Ratio (as calculated by including the Substitute Property, but excluding the Replaced Property), shall not be less than the Closing Date LTV Ratio.

Related to Closing Date LTV

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Term Loans as defined in Section 2.1.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.