Refinanced Principal Amount definition
Refinanced Principal Amount means that portion of the principal amount of indebtedness incurred by Owner to refinance the debt outstanding under the Loan Agreement and all Additional Inn Investment Loans attributable to the Inns then subject to this Agreement being refinanced concurrently therewith as shall be equal to the sum of: (a) the Operative Principal Amount, plus (b) the outstanding principal balances of Additional Inn Investment Loans being refinanced, plus (c) commercially reasonable transaction costs and loan origination fees relating to such refinancing, but only to the extent such costs and fees do not exceed, in the aggregate, two percent (2%) of the aggregate of the Operative Principal Amount plus the outstanding principal balances of Additional Inn Investment Loans begin refinanced.
Refinanced Principal Amount means that portion of the principal --------------------------- amount of indebtedness incurred by Owner to refinance the debt outstanding under the Loan Agreement as shall be equal to the sum, of: (a) the Operative Principal Amount, plus (b) commercially reasonable transaction costs and loan origination fees relating to such refinancing, but only to the extent such costs and fees do not exceed, in the aggregate, two percent (2%) of the Operative Principal Amount.
Refinanced Principal Amount means, with respect to refinancings --------------------------- of Qualified Debt, an amount equal to the sum of: (a) the outstanding principal balances at the time of such refinancing (plus any optional prepayments of principal previously made) of the loan being refinanced, plus (b) commercially reasonable transaction costs and loan origination fees relating to such refinancing, but only to the extent such costs and fees do not exceed, in the aggregate, two percent (2%) of the aggregate of the outstanding principal balance of the loan being refinanced (plus any optional prepayments of principal previously made).
More Definitions of Refinanced Principal Amount
Refinanced Principal Amount means an amount equal --------------------------- to the Net Refinancable Amount.