Loan to Cost definition

Loan to Cost means the Outstanding Landing-TVC Loan Amount in relation to the Aggregate Acquisition Cost.
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Loan to Cost means, as determined on any date, the percentage arrived at by dividing (i) the outstanding principal balance of the Loan on such date by (ii) the Cost of the Property.
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Loan to Cost means the ratio between the Bond Debt to the Costs relating to the Solar Power Facilities.
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Examples of Loan to Cost in a sentence

  • The Company also has access to the following additional sources of financing: • additional capacity on the debt ratio (Ghelamco chooses to keep a substantial margin on the Loan to Value ratio); • potential to take up further financing on completed projects based on Loan to Value (LTV) instead of Loan to Cost (LTC); • access to alternative financing, mainly in the form of bond issues or mezzanine financing.

  • VA.The loan agreements granted by the bank are sometimes subject to a number of covenants (Loan to Value, Loan to Cost, Debt Service Cover).

  • For corporate guarantees on bank loans, reference is also made to note 27.1. The loan agreements granted by the banks are sometimes subject to a number of covenants (Loan to Value, Loan to Cost, Debt Service Cover).

  • For corporate guarantees and/or suretyship agreements issued by Granbero Holdings Ltd on bank loans, reference is also made to note 26.1. The loan agreements granted by the banks are sometimes subject to a number of covenants (Loan to Value, Loan to Cost, and Debt Service Cover).

  • For corporate guarantees (granted by Ghelamco Invest NV) on bank loans, reference is also made to note 23.1. The loan agreements granted by the banks are sometimes subject to a number of covenants (Loan to Value, Loan to Cost, Net Assets Value, Debt Service Cover).

  • The Interest Rate; Origination Fee; Line Expiration Date; Unit Maturity Date for each type of Home or Lot; Loan to Value Ratio; Loan to Cost Ratio; Lot, Speculative and Model Home Limitations; and other limitations and guidelines governing the Loans and the making of a Loan for any specific Lot or Home shall be as set out on Exhibit “A”.

  • The Loan Parties will not permit the Loan to Cost Ratio with respect to all Financed Properties to exceed 85% as of any Quarterly Determination Date.

  • Due to its public accessibility, further measures to secure the network against eavesdropping and spoofing are required.

  • The Loan Amount will not exceed the least of (a) the product of (i) the appraised value of the Lot and/or Home, or (ii) the total sales price for the Lot/or and Home under an Approved Sales Contract therefor (whichever is less) multiplied times the Loan to Value ratio, or (b) the product of the budgeted cost (“Total Cost”) of the Lot and/or Home reflected on the budget approved by Lender (“Budget”) multiplied times the Loan to Cost Ratio.

  • The Company also has access to the following additional resources of financing: • additional capacity on the debt ratio (the Company chooses to keep a substantial margin on the Loan to Value ratio); • potential to take up further financing on completed projects based on Loan to Value (LTV) instead of Loan to Cost (LTC); • access to alternative financing, mainly in the form of bond issues.


More Definitions of Loan to Cost

Loan to Cost means, at any time, the ratio (expressed as a percentage) that the Loans and any other amounts outstanding under the Finance Documents, bear to the aggregate amount of costs incurred in respect of the original acquisition of the Properties.
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Loan to Cost. Ratio: the percentage, calculated from time to time, which is equal to: (1) the cumulative Advances of the Loan made with respect to Xxxx Xxxxx Xxxxx 0x/0x xxx Xxxx Xxxxx Xxxxx 0x/0x, divided by (2) the Inventory Costs incurred to date for Xxxx Xxxxx Xxxxx 0x/0x xxx Xxxx Xxxxx Xxxxx 0x/0x. 
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Related to Loan to Cost

  • Loan to Value means the Net Interest Bearing Debt to the Value of the Properties in accordance with the most recent Valuation.

  • Loan-to-Value Ratio With respect to any Mortgage Loan and as to any date of determination, the fraction (expressed as a percentage) the numerator of which is the principal balance of the related Mortgage Loan at such date of determination and the denominator of which is the Appraised Value of the related Mortgaged Property.

  • Original Loan-to-Value Ratio With respect to any Mortgage Loan, the ratio of the principal balance of such Mortgage Loan at origination, or such other date as is specified, to the Original Value of the related Mortgage Property.

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • Loan-to-Value Ratio or LTV With respect to any Mortgage Loan, the ratio of the Stated Principal Balance of the Mortgage Loan as of the related Cut-off Date (unless otherwise indicated) to the lesser of (a) the Appraised Value of the Mortgaged Property and (b) if the Mortgage Loan was made to finance the acquisition of the related Mortgaged Property, the purchase price of the Mortgaged Property, expressed as a percentage.

  • Combined Loan-to-Value Ratio As to any Second Lien Mortgage Loan at any date of determination, the ratio (expressed as a percentage) of the principal balance of such Mortgage Loan at the date of determination, plus the principal balance of any Superior Lien based upon the most recent information available to the Servicer, to (a) in the case of a purchase, the lesser of the sales price of the Mortgaged Property and its appraised value at the time of sale, or (b) in the case of a refinancing or modification, the appraised value of the Mortgaged Property at the time of such refinancing or modification.

  • Combined Loan-to-Value Ratio or CLTV As of any date and as to any Second-Lien Mortgage Loan, the ratio (expressed as a percentage) of the (a) sum of (i) the outstanding principal balance of the Second-Lien Mortgage Loan and (ii) the outstanding principal balance as of such date of any mortgage loan or mortgage loans that are senior or equal in priority to the Second-Lien Mortgage Loan and which are secured by the same Mortgaged Property to (b)

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Loan Term means the term of this Loan Agreement provided in Sections 3.01 and 3.03 hereof and in Exhibit A-2 attached hereto and made a part hereof.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • LTV means with respect to any Mortgage Loan, the ratio of the original outstanding principal amount of the Mortgage Loan to the lesser of (a) the Appraised Value of the Mortgaged Property at origination or (b) if the Mortgaged Property was purchased within 12 months of the origination of the Mortgage Loan, the purchase price of the Mortgaged Property.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Total loan amount means the principal of the loan minus those

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.