Mortgage Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule 2 directly below the column entitled “Mortgage Loan Commitment,” and in the aggregate, as set forth in Schedule 2 below such column in the row entitled “Total”, as same may be adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 11.4.
Mortgage Loan Commitment means that certain revised Mortgage Loan Commitment dated October 18, 2005, and accepted by Borrower on October 18, 2005, the terms of which are incorporated herein by reference and which control to the extent inconsistent with this Loan Agreement, a copy of which is attached hereto as Exhibit “B”.
Mortgage Loan Commitment means, as to any Lender, the amount initially set forth opposite its name in the grid set forth below (which grid shall be added to and incorporated by reference into Schedule 1.01 of the Credit Agreement), and thereafter on any relevant Assignment And Assumption, as such amount may be adjusted from time to time in accordance with this Agreement, and “Mortgage Loan Commitments” means the aggregate Mortgage Loan Commitments of all of the Lenders. Manufacturers and Traders Trust Company $ 3,150,918.90 54.05 % NYCB Specialty Finance Company, LLC $ 1,181,594.59 20.27 % Huntington National Bank $ 787,729.72 13.51 % Bank of the West $ 708,956.75 12.16 % TOTAL $ 5,829,199.96 100 %
Examples of Mortgage Loan Commitment in a sentence
Prior to Mortgage Loan Commitment, the Mortgagor must provide the Authority with an executed Owner Architect Agreement acceptable in form and substance to the Director of Legal Affairs.
Prior to Mortgage Loan Commitment, the general contractor must submit a signed Trade Payment Breakdown acceptable to the Authority’s Design and Construction Manager.
Prior to Mortgage Loan Commitment, the general contractor must submit AIA Document A305 as required by the Authority’s Chief Architect.
The interest rate applicable to any Loan shall be the interest rate that is shown on the Mortgage Loan Commitment.
Prior to Mortgage Loan Commitment, the Mortgagor must submit a substantially final form syndication partnership agreement, including an equity pay-in schedule, that is acceptable in form and substance to the Director of Development and Director of Legal Affairs.
More Definitions of Mortgage Loan Commitment
Mortgage Loan Commitment means Two Million Eight Hundred Thousand and 00/100 Dollars ($2,800,000.00).
Mortgage Loan Commitment means, as to any Lender, the amount initially set forth opposite its name in the grid set forth below (which grid shall be added to and incorporated by reference into Schedule 1.01.1 of the Credit Agreement), and thereafter on any relevant Assignment And Assumption, as such amount may be adjusted from time to time in accordance with this Agreement, and “Mortgage Loan Commitments” means the aggregate Mortgage Loan Commitments of all of the Lenders. Lender Mortgage Loan Commitment Mortgage Loan Commitment Percentage Manufacturers and Traders Trust Company $ 4,602,000 75 % BMO Hxxxxx Bank N.A. $ 1,534,000 25 % TOTAL $ 6,136,000 100 %
Mortgage Loan Commitment means $680,000.00.
Mortgage Loan Commitment means a written, firm commitment letter similar to the type the Mortgage Lender would ordinarily provide prospective home buyers or borrowers where financing is not provided from the proceeds of tax-exempt bonds which commitment must commit to an individual or individuals a stated amount of money for the purchase of a particular Housing Unit for a stated period of time at a stated interest rate.
Mortgage Loan Commitment is defined in Section 1.2 hereof.
Mortgage Loan Commitment means the standby commitment issued to the Partnership by the Lender under date of April 22, 1998, with respect to the Mortgage Loan.
Mortgage Loan Commitment means, as to any Lender, the amount initially set forth opposite its name in the grid set forth below (which grid shall be added to and incorporated by reference into Schedule 1.01 of the Credit Agreement), and thereafter on any relevant Assignment And Assumption, as such amount may be adjusted from time to time in accordance with this Agreement, and “Mortgage Loan Commitments” means the aggregate Mortgage Loan Commitments of all of the Lenders. Lender Mortgage Loan Commitment Mortgage Loan Commitment Percentage Manufacturers and Traders Trust Company $ 3,150,918.90 54.05 % NYCB Specialty Finance Company, LLC $ 1,181,594.59 20.27 % Huntington National Bank $ 787,729.72 13.51 % Bank of the West $ 708,956.75 12.16 % TOTAL $ 5,829,199.96 100 %