Ratios. (a) Loan to Cost. Borrower shall at all times maintain a Loan to Cost Ratio that does not, at any time, exceed eighty-five percent (85%).
Appears in 2 contracts
Sources: Commercial Loan Agreement (Red Oak Capital Fund IV, LLC), Commercial Loan Agreement (Red Oak Capital Fund IV, LLC)
Ratios. (a) Loan to Cost. Borrower shall at all times maintain a Loan to Cost Ratio that does not, at any time, exceed eighty-five percent (8594.06%).
Appears in 1 contract
Sources: Commercial Loan Agreement (Red Oak Capital Fund IV, LLC)