Common use of Sublimits Clause in Contracts

Sublimits. Notwithstanding anything to the contrary set forth herein, Borrower may borrow hereunder only to the extent that after giving effect to such borrowing (collectively, the “Sublimits”): 2.6.1.1. the Loan to Value Ratio shall not exceed seventy percent (70%) (the “Maximum Loan to Value Ratio”); 2.6.1.2. the Facility Debt Service Coverage Ratio shall not be less than 1.20 : 1.00. 2.6.1.3. the number of Borrowing Tranches outstanding shall not exceed fifteen (15); 2.6.1.4. the Loan shall not exceed the Commitment; and 2.6.1.5. one or more Qualifying Rate Cap Agreements and/or Qualifying Rate Swap Agreements shall be maintained with (i) an aggregate notional amount equal to the Required Hedge Amount and (ii) a Hedged Debt Service Coverage Ratio of no less than 1.20:1.00.

Sublimits. Notwithstanding anything to the contrary set forth herein, Borrower may borrow hereunder only to the extent that after giving effect to such borrowing (collectively, the “"Sublimits”"): 2.6.1.1. the Loan to Value Ratio shall not exceed seventy percent (70%) (the “"Maximum Loan to Value Ratio”"); 2.6.1.2. the Facility Debt Service Coverage Ratio shall not be less than 1.20 1.40 : 1.00. 2.6.1.3. the number of Borrowing Tranches outstanding shall not exceed fifteen ten (1510); 2.6.1.4. the Loan shall not exceed the Commitment; and 2.6.1.5. one or more Qualifying Rate Cap Agreements and/or Qualifying Rate Swap Agreements shall be maintained with (i) an aggregate notional amount equal to the Required Hedge Amount and (ii) a Hedged Debt Service Coverage Ratio of no less than 1.20:1.001.40:1.00.