Project Yield. (1) Calculation Period: (2) Trailing _____ months (2) Aggregate NOI: (2) $ (3) Outstanding principal balance of Loan: (3) $ (4) Project Yield for Calculation Period (NOI ¸ Principal Balance of Loan: (4) $ (5) Required Project Yield: (5) 11% (6) In Compliance: (6) ¨ Yes ¨ No
Appears in 1 contract
Sources: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.)
Project Yield. (1) Calculation Period: (2) Trailing 12 months LOAN AGREEMENT – Schedule 6 – Page 1[Summit P▇▇▇▇▇▇▇▇▇]
(2) ANOI: (2) $ _____ months
(2) Aggregate NOI: (2) $_______
(3) Outstanding principal balance of Loan: (3) $$ ___________
(4) Project Yield for Calculation Period (NOI ANOI ¸ Principal Balance of Loan: (4) $
(5) Required Project Yield: (5) 11%
(6) In Compliance: (6) ¨ Yes ¨ No$ ___________
Appears in 1 contract
Project Yield. (1) Calculation Period: (21) Trailing _____ monthsMonths
(2) Aggregate NOI: (2) $___________________
(a) Interest Expense
(3) Outstanding principal balance Principal Balance of Loan: (3) $___________________
(4) Project Yield for Calculation Period (NOI ¸ ANOI ÷ Principal Balance of Loan: ): (4) $___________________
(5) Required Project Yield: (5) 1115.3%
(6) In Compliance: (6) ¨ Yes ¨ No
Appears in 1 contract
Sources: Loan Agreement (Cornerstone Core Properties REIT, Inc.)