Discounted Payoff definition

Discounted Payoff shall have the meaning set forth in Section 10.26 hereof.
Sample 1Sample 2Sample 3
Discounted Payoff as defined in the Mortgage Loan Agreement.
Sample 1Sample 2Sample 3
Discounted Payoff has the meaning set forth in Section 2.6(c).
Sample 1Sample 2

Examples of Discounted Payoff in a sentence

  • For purposes of calculating Debt Yield, any portion of the Mezzanine Loan deemed outstanding after giving effect to such Discounted Payoff shall be reduced by the Face Amount of the Mezzanine Loan retired in connection with such Discounted Payoff.

  • Notwithstanding anything to the contrary contained in this Agreement or any Lender Documents, any prepayments made by Mezzanine Borrower or its Affiliates in connection with a Discounted Payoff shall be applied solely to reduce such portion of the Mezzanine Loan held by the Mezzanine Lender or participant in the Mezzanine Loan by an amount equal to the Face Amount of such Discounted Payoff.


More Definitions of Discounted Payoff

Discounted Payoff shall have the meaning set forth in Section 5.2.10(k) hereof.
Sample 1Sample 2
Discounted Payoff. With respect to any Mortgage Asset, the final repayment of such applicable Mortgage Asset in an amount less than the outstanding Principal Balance of such Mortgage Asset immediately prior to such recovery or repayment.
Sample 1Sample 2
Discounted Payoff means a discounted amount by which a General
Sample 1Sample 2

Related to Discounted Payoff

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Prepayment Asset Sale means any Disposition by any Borrower or its Subsidiaries made pursuant to Section 6.06(h), Section 6.06(j), Section 6.06(p), clause (ii) to the proviso to Section 6.06(q) (to the extent provided therein) and Section 6.06(r).

  • Permitted Payment as defined in Subsection 8.2(b).

  • Permitted Payments has the meaning specified in Section 7.06(b).

  • Debt Incurrence Prepayment Event means any issuance or incurrence by the Borrower or any of the Restricted Subsidiaries of any Indebtedness (excluding any Indebtedness permitted to be issued or incurred under Section 10.1 other than Section 10.1(o) or, except to the extent accompanied by a corresponding reduction of the Revolving Credit Commitments Section 10.1(y)).

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).