Deferred Maintenance Amount definition

Deferred Maintenance Amount means $0.

Deferred Maintenance Amount means $179,456.25.

Deferred Maintenance Amount means $758,475.00.

Examples of Deferred Maintenance Amount in a sentence

• Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account and the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account.

• Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account.

• Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account, the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account and the Initial Ground Rents Amount into the Ground Rent Reserve Sub-Account.

• Mortgage Borrowers and Lender acknowledge and agree that the Deferred Maintenance Amount (as such term is used herein) shall be funded by Lender into the Deferred Maintenance and Environmental Escrow Account and shall be disbursed to Mortgage Borrowers in accordance with, and subject to the conditions stated in, Section 6.7 of the Loan Agreement.

• Xxxxxxxx Chief Financial Officer Initial Deferred Maintenance Amount $ 25,000 Initial Basic Carrying Cost Amount $ 442,755 Initial Upfront Remediation Amount $ 618.75 Individual Property Deferred Maintenance Residence Inn Fairfax, Falls Church, VA Repair asphalt pavement; Paint wood trim.

More Definitions of Deferred Maintenance Amount

Deferred Maintenance Amount means with respect to the Facility, or any portion thereof, the amount shown on Exhibit B.

Deferred Maintenance Amount means $208,188.00.

Deferred Maintenance Amount means $0.00. “Deferred Maintenance Conditions” means those items described in Schedule C. “Deferred Maintenance and Environmental Escrow Account” has the meaning set forth in Section 3.7(a). “DSCR” means, with respect to any Test Period, the quotient obtained by dividing (i) Net Operating Income by (ii) the product of (x) the Loan Amount, (y) 3.753% and (z) a fraction, the numerator of which is the actual number of days in such Test Period and the denominator of which is 360. “DSCR Threshold” means, with respect to any release of a Permitted Release Parcel, the greater of (x) the Closing Date DSCR and (y) the lesser of (i) DSCR immediately prior to such release and (ii) 4.09x. “EEA Bail-In Action” means the exercise of any EEA Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. “EEA Bail-In Legislation” means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EEA Bail-In Legislation Schedule. “EEA Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. “EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. 7

Deferred Maintenance Amount means the amount set forth in the Deferred Maintenance Letter, allocated among the Properties as set forth therein.

Deferred Maintenance Amount means $55,556.25"

Deferred Maintenance Amount means $2,057,875 allocated among the Properties as set forth in Schedule F. “Deferred Maintenance and Environmental Reserve Account” has the meaning set forth in Section 3.7(a).

Deferred Maintenance Amount means $8,448,559, allocated among the Mortgaged Properties as set forth in Schedule F.