Examples of Underwritten Net Cash Flow in a sentence
Accordingly, there can be no assurance that the Underwritten Net Cash Flow for any of the mortgaged real properties shown on Exhibit A-1 to this information circular will be representative of the actual future net cash flow for the particular property.
Underwritten Net Cash Flow: The current annual ground lease rental payments paid by the Ground Lessee, as verified by Lender.
ItemFunctionDescription1 Underwritten NCF per Part II, Chapter 2: Valuation and Income, Section 202.01: Underwritten Net Cash Flow (Underwritten NCF).2DIVIDED BYAnnual debt service for the Mortgage Loan amount.
Based on Underwritten Net Cash Flow (as defined herein and assuming LIBOR of 5.32% (subject to rounding as set forth in the related Note or Loan Agreement)) and the portion of the Whole Loan principal balance that is deposited in the Trust.
Net income for any of the underlying real properties as determined under GAAP would not be the same as the Underwritten Net Cash Flow for the property shown on Exhibit A-1 to this information circular.