Property Types definition

Property Types means a category of covered properties subject to the same interim
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Property Types. Loan Size: Loan-to-Value: Debt Service Coverage: Loan Term: Amortization: Interest Rate: Loan-to-Cost: Guarantees: Office, Industrial, Retail, Hotels, Condos, Apartments and Seniors Housing. Minimum $3 million Maximum 80% Minimum 1.15 Typically 2 to 5 years Typically interest-only, but amortization may be required depending on the structure of the individual transaction Spread over LIBOR Up to 90% Subject to standard carve-outs. Additional guarantees may be required depending on the individual transaction structure. Exhibit "J" Compliance Certificate Financial Covenants Summary As of - This certificate is delivered pursuant to Section 6.23 - 6.27 of the Loan Agreement between MMA Capital Corp., et al and Synovus Bank of Tampa Bay dated Section Description Calculation
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Property Types. Office 36.0%, Retail 16.7%, Multifamily 14.3%, Industrial 13.6%, Hotel 8.4%, Mix 6.4%, Other 4.7% Geographic: NY 14.0%, DC 10.1%, CA 9.4%, MA 8.5%, TX 5.8%, Other 52.3% DSCR/LTV: 1.35x / 68.0% Expected Timing Thu 11/29 Expected Settlement Date SCHEDULE I Underwriting Agreement, dated November 21, 2007. Title and Description of Offered Certificates: CD 2007-CD5 Commercial Mortgage Pass-Through Certificates Initial Aggregate Principal Amount Initial Class or Notional Purchase Pass-Through Designation Balance of Class Price(1) Rate Ratings(2) -------------- ------------------- ------------- -------------- -------------- Class A-1 $42,300,000 99.748261% 5.171% AAA/Aaa/AAA Class A-2 $88,500,000 100.496881% 5.655% AAA/Aaa/AAA Class A-3 $39,400,000 100.497600% 5.884% AAA/Aaa/AAA Class A-AB $52,000,000 100.499411% 5.745% AAA/Aaa/AAA Class A-4 $958,880,000 100.493913% 5.886% AAA/Aaa/AAA Class A-1A $284,848,000 100.500019% 5.800% AAA/Aaa/AAA Class XP $2,039,879,000 1.294204% 0.259% AAA/Aaa/AAA Class AM $168,726,000 98.650055% 6.179% AAA/Aaa/AAA Class A-MA $40,693,000 100.312834% 6.179% AAA/Aaa/AAA Class AJ $111,780,000 97.516785% 6.179% AAA/Aaa/AAA Class A-JA $26,959,000 97.822337% 6.179% AAA/Aaa/AAA Class B $20,942,000 95.039122% 6.179% AA+/Aa1/AA+ Class C $20,942,000 88.868413% 6.179% AA/Aa2/AA
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Examples of Property Types in a sentence

  • XML is currently the only acceptable format for electronically submitting mass data to the FRPP application.The FRPP’s XML format is organized by the Real Property Types of land, buildings, and structures (the XML tags are indicated as: Type 20Land, Type35BuildingDetail, and Type40Structure).

  • Historical Property Types 1, 2, and 3 will not require evaluation, except as noted.

  • Only Caltrans PQS or consultants who meet the Caltrans Professional Qualifications Standards (Attachment 1) for Architectural Historian and above or Lead Archaeological Surveyor and above are authorized to determine which architectural and historical properties fall under Property Types 1, 2, or 3 and are therefore exempt from evaluation.

  • It is critical for believers to take proper care of the resources that God has permitted them to manage and use.1. Conserving UtilitiesOnly authorized personnel are permitted to make adjustments to thermostats.Students can help the college to keep utility bills down (ultimately keeping college costs down) and thus save money by turning off lights, fans, and other electrical devices when they are not in use.

  • Property Types: Depending on the nature of the program activity, HOME rules specify the types of property that are eligible for funding.

  • Eligible Property Types Single-unit principal residence designated as the borrower’s homestead under Texas law.

  • PROPERTY RIGHTS APPRAISEDAccess rights, air rights, easements of many kinds (see Property Types Appraised), fee simple interest, leased fee interest, leasehold interest, life estate, partial interests of various types, personal property (ask for details), and water rights.

  • Eligible Property Types ▪ 1-4 units attached/detached owner-occupied properties.

  • NCREIF Property Types are defined as office, retail, industrial, apartments, and other.

  • Property Types Associated with Home Address Select the property type(s) below that may reference or be associated with the qualified applicant’s home address.


More Definitions of Property Types

Property Types. All property types are acceptable, except those from which more than "negligible" lease income is derived from tenants involved in the following "Non-permissible" activities: - alcohol, tobacco, pork, and pornography; - establishments which serve liquor; and - gambling casinos or the manufacture of gambling paraphernalia. In addition, properties should not derive the majority of lease income from "doubtful activities" from tenants which engage in: - movies theaters (non-pornographic); and - financial institutions such as banks, brokerage firms, investment funds and insurance companies.
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Property Types. 1=Single Unit; 2=Condo; 3=Two Unit; 4=Three Unit; 5=Four Unit; 6=Single Wide Mfg Home; 7=Double Wide Mfg Home; 8=PUD EXHIBIT I REQUEST FOR RELEASE OF DOCUMENTS _____________, 19__ To: [Trustee] [Custodian] Re: Pooling and Servicing Agreement, dated as of September 1, 1997 (the "Pooling and Servicing Agreement"), among Superior Bank FSB, as Depositor, Lee Servicing Company, a division of Superior Bank FSB, as Servicer, and LaSalle National Bank, as Trustee relating to AFC Mortgage Loan Asset Backed Certificates, Series 1997-3 --------------------------------------------------------------------- In connection with the administration of the pool of Mortgage Loans held by you as Trustee or by the Custodian as your agent for the benefit of Certificateholders pursuant to the Pooling and Servicing Agreement, we request the release, and acknowledge receipt, of the (Trustee's Mortgage File/[specify document]) for the Mortgage Loan described below, for the reason indicated. Mortgagor's Name, Address & Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one) ____ 1. Mortgage Loan Paid in Full (Servicer hereby certifies that all amounts received in connection therewith have been credited to the Principal and Interest Account with respect to each Sub-Pool and remitted to the Trustee for deposit into the related Certificate Account pursuant to the Pooling and Servicing Agreement.)
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Property Types. Loan Size: Loan-to-Value: Debt Service Coverage: Loan Term: Amortization: Interest Rate: Loan-to-Cost: Guarantees: Office, Industrial, Retail, Hotels, Condos, Apartments and Seniors Housing. Minimum $3 million Maximum 80% Minimum 1.15 Typically 2 to 5 years Typically interest-only, but amortization may be required depending on the structure of the individual transaction Spread over LIBOR Up to 90% Subject to standard carve-outs. Additional guarantees may be required depending on the individual transaction structure. Exhibit "J"
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Related to Property Types

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Residential property means improved property that:-