Examples of Release Amounts in a sentence
The Release Amount with respect to such Individual Property shall be reduced in an amount equal to the principal portion of such prepayment (provided, however, no reallocation of Release Amounts shall occur).
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserves Monthly Deposits required by Lender hereunder in the event an Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 of the Mortgage Loan Agreement and Section 2.5 hereof.
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserve Monthly Deposits required by Lender solely with respect to clause (B) hereunder in the event the Released Collateral related to an Individual Property is released from the Lien of the Pledge Agreement in accordance with Section 2.5 hereof.
For clarity, the Lease Termination Payments made in connection with the BCBS Lease Modifications shall be applied pro rata to reduce the Release Amounts and the Mezzanine Release Amounts for the applicable Individual Properties.
Accordingly, Finance Facility Release Amounts shall be available on each Payment Date as part of Available Funds for such Payment Date.
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserve Monthly Deposits required by Lender solely with respect to clause (B) hereunder in the event the Released Collateral related to an Individual Property is released from the Lien of the Pledge Agreement in accordance with Section 2.4.2 or Section 2.5 hereof.
If an Event of Default occurs and is continuing hereunder which is not specific to any Pledged Mortgage Loan, then as to all Pledged Mortgage Loans, at Lender’s request, Borrower shall, notwithstanding any other provision herein to the contrary and within five (5) Business Days of the date on which Lender notifies Borrower of such request, repay all outstanding Advances hereunder with respect to all Pledged Mortgage Loans by remitting an amount equal to the aggregate Release Amounts therefor to Lender.
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserve Monthly Deposits required by Lender solely with respect to clause (B) hereunder in the event an Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 hereof.
On each Distribution Date, 100% of Fixed Rate OC Release Amounts for the related Due Period shall be allocated to the Class MF Interest.
For the avoidance of doubt, no PDR Release Amount will be negative, nor will the sum of all PDR Release Amounts exceed the PDR Release Target.