Property Improvement Total Amount means the aggregate of $6,185,000 during the term of the Mortgage.
Property Improvement Total Amount means the aggregate of $10,000,000.00 during the term of the Mortgage.
Property Improvement Total Amount means the aggregate of $7,820,000 during the term of the Mortgage.
Examples of Property Improvement Total Amount in a sentence
Borrower on Property Improvement Alterations for Non-Residential Units) then outstanding for services and/or materials that are then due and payable exceed 10% of the original principal loan amount; provided that at no time will such amount exceed the Property Improvement Total Amount.
More Definitions of Property Improvement Total Amount
Property Improvement Total Amount means the aggregate of $4,320,000 during the term of the Mortgage.
Property Improvement Total Amount means the aggregate of $5,000,000.00 during the term of the Mortgage. RIDER TO MULTIFAMILY LOAN AND SECURITY AGREEMENT RATE CAP AGREEMENT AND RATE CAP AGREEMENT RESERVE FUND (Revised 3-18-2014) The following changes are made to the Loan Agreement which precedes this Rider:
Property Improvement Total Amount means the aggregate of $7,720,000.00 during the term of the Mortgage.
Property Improvement Total Amount means the aggregate of $9,840,000 during the term of the Mortgage. Property Improvement Alterations Property Improvement Alterations SCHEDULE 1 Xxxxxxx Mac Loan Number: Property Name: BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (Revised 6-10-2014) THIS BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (“Certificate”) is made as of _______ ___, 20___, by ______________, a ________________ (“Borrower”) for the benefit of ________________, a ________________, and it successors and assigns (collectively, “Lender”). In connection with Section 6.09(e)(v)(G) of the Loan Agreement, Borrower certifies to Lender as follows: [INSERT THE APPLICABLE SECTION (a) AND DELETE THE OTHER: USE THE FOLLOWING IF ALL PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAVE BEEN COMPLETED]
Property Improvement Total Amount means the aggregate of $4,140,000.00 during the term of the Mortgage. SCHEDULE 1 Xxxxxxx Mac Loan Number: 708122280 Property Name: Brookside BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (Revised 6-10-2014) THIS BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (“Certificate”) is made as of , 20 , by Brookside CRA-B1, LLC, a Delaware limited liability company (“Borrower”) for the benefit of NorthMarq Capital, LLC, a Minnesota limited liability company, and it successors and assigns (collectively, “Lender”). In connection with Section 6.09(e)(v)(G) of the Loan Agreement, Borrower certifies to Lender as follows: [INSERT THE APPLICABLE SECTION (a) AND DELETE THE OTHER: USE THE FOLLOWING IF ALL PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAVE BEEN COMPLETED]
Property Improvement Total Amount means the aggregate of $_____________ during the term of the Mortgage. [INSERT THE FOLLOWING AS APPLICABLE: • FOR LOANS UP TO $50MM, ENTER AMOUNT THAT IS THE LESSER OF (i) 20% OF THE APPRAISED VALUE OF THE PROPERTY OR (ii) $10,000,000. • FOR LOANS $50MM OR GREATER, ENTER AMOUNT THAT IS THE LESSER OF (i) 15% OF THE APPRAISED VALUE OF THE PROPERTY OR (ii) $15,000,000.]
Property Improvement Total Amount means the aggregate of $10,000,000.00 during the term of the Mortgage. SCHEDULE 1 Xxxxxxx Mac Loan Number: 708122396 Property Name: Oxmoor Apartments BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (Revised 6-10-2014) THIS BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (“Certificate”) is made as of , 20 , by Oxmoor CRA-B1, LLC, a Delaware limited liability company (“Borrower”) for the benefit of , a , and it successors and assigns (collectively, “Lender”). In connection with Section 6.09(e)(v)(G) of the Loan Agreement, Borrower certifies to Lender as follows: [INSERT THE APPLICABLE SECTION (a) AND DELETE THE OTHER: USE THE FOLLOWING IF ALL PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAVE BEEN COMPLETED]