Property Loan Amount definition

Property Loan Amount means, in relation to a Property Loan Mortgage, such amount as may be approved by the Board in writing to be the Property Loan Amount for that Property Loan Mortgage.
Sample 1Sample 2Sample 3
Property Loan Amount means (a) in the case of a Proposed Property Loan that is in existence prior to the date of the acquisition of the Proposed Property, the then outstanding balance of such existing Proposed Property Loan or (b) in the case of a new Proposed Property Loan to be entered into in connection with (or to otherwise finance) the acquisition of the Proposed Property, the outstanding balance of such Proposed Property Loan as of the closing of the acquisition of such Property. Property Loans as defined in Section 1.4.2, as evidenced by the Property Loan Documents. Property Loan Documents as defined in Section 1.4.2.
Sample 1
Property Loan Amount means the original principal amount of a Property Loan.
Sample 1

Examples of Property Loan Amount in a sentence

  • First Mortgage on the Property Loan Amount $ Minimum Term years Type of mortgage For conventional loans, the Loan-To-Value (LTV) ratio is not to exceed % Mortgage lender Interest rate %; however, Buyer agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %.

  • First Mortgage on the Property Loan Amount $ Minimum Term years Type of mortgage For: Land acquisition only Land acquisition and construction Other Loan-To-Value (LTV) ratio not to exceed % Mortgage lender Interest rate %; however, Xxxxx agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %.

  • In a letter dated October 5, 1999, J.G.M.C.J. advised Sears, pursuant to Paragraph 3A of the Lease, which obligated J.G.M.C.J. to provide Sears with "written notice of the imminent expiration of the Term," that the Lease would expire on July 31, 2000.

  • Tracker Mortgage (Home Loan and Residential Investment Property) Loan Amount of €150,000 - €249,9993.40%3.5%Loan Amount of €250,000 - €749,9993.10%3.1%Loan Amount of €750,000 or more2.90%2.9%” A further [Named Product] Mortgage Application Form signed by the Complainants, has been submitted in evidence.

  • ALLONGE TO NOTE Borrower(s): Co-Borrower(s): Property: Loan Amount: Note Dated:Metropolitan Oasis Community Development Corporation, an Indiana.

  • Till the date of the report, the funds were not transferred.Risk LevelHighStatusOldFollow upDuring our visit to the Company during 2009, we noted that the Ministry of Oil addressed a letter number 557 dated 9/2/2010 to the Jordanian Ministry of Finance/ Chairman of the Frozen Accounts Committee requesting from him to inform them of the procedures taken to transfer the balances of their accounts to the DFI fund to enable them to handle the suspended accounts.


More Definitions of Property Loan Amount

Property Loan Amount means the original principal amount of a Property Loan. Property Loan Property Exercise Acceptance Notice – as defined in Section 7.3.2.
Sample 1

Related to Property Loan Amount

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

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • 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.

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Collateral Pool means all of the Collateral.

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • newly rateable property means any rateable property on which property rates were not levied before the end of the financial year preceding the date on which this Act took effect, excluding –

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.