PT Mortgage Loan definition
PT Mortgage Loan means that certain loan in the principal amount of $402,737,541, evidenced by that certain Amended and Restated Promissory Note dated as of the date hereof given by the PT Mortgage Borrowers to Lender pursuant to the terms hereof.
Examples of PT Mortgage Loan in a sentence
Subject to the terms and conditions of this Loan Agreement and in reliance upon the representations and warranties of the Borrowers contained herein, Lender and the applicable Borrowers agree that the Existing Indebtedness outstanding as of the Closing Date is $151,774,182 on the GSA Mortgage Loan, $850,000,000.00 on the GSA II Mortgage Loan, and $402,737,541 on the PT Mortgage Loan.