Building Loan Amount definition

Building Loan Amount means TWO HUNDRED FIFTEEN MILLION and NO/100 DOLLARS ($215,000,000.00).
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Building Loan Amount means Twenty-Three Million Twenty-Six Thousand Nine Hundred Six and 60/100 Dollars ($23,026,906.60).
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Building Loan Amount shall have the meaning set forth in the Building Loan Agreement.
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Examples of Building Loan Amount in a sentence

  • Except as expressly provided for below, the amount of the Final Advance shall be equal to the sum of: (a) any Retainage not previously released and advanced to Borrower; plus (b) the amount of any Punch List and Deferred Maintenance Reserve Deposit; plus (c) the positive difference, if any, between, (i) the Building Loan Amount and (ii) all amounts previously Advanced under the Building Loan (including the amounts described in clauses (a) and (b) of the sentence).

  • One or more Building Loan Notes (the “Building Loan Notes”) from Borrower in favor of each Lender in the aggregate amount of the Building Loan Amount.

  • Subject to and upon the terms and conditions set forth herein, Lender hereby agrees to make, and Borrower hereby agrees to borrow, Advances in respect of the Building Loan as more particularly set forth in this Agreement, up to a maximum aggregate not to exceed the Building Loan Amount.

  • That certain Ground Leasehold Building Loan Mortgage, Assignment of Leases, Security Agreement and Subordination Agreement (the “Building Loan Mortgage”), securing the maximum principal amount of the Building Loan Amount, from Borrower in favor of Initial Agent, for the benefit of Initial Agent and Lenders, and Agent, for the benefit of Agent and Lenders and subordinating the Severance Subleases to the Building Loan Mortgage and the Ground Lease, dated as of even date herewith.

  • There shall also have been executed, delivered and recorded an Amended and Restated Building Loan Assignment of Leases or an amendment to the Building Loan Assignment of Leases delivered at closing increasing the amount secured thereby to be equal to the Building Loan Amount.


More Definitions of Building Loan Amount

Building Loan Amount means TWO HUNDRED FIFTEEN MILLION and NO/100 DOLLARS ($215,000,000.00), or so much thereof as remains outstanding under the Building Loan Note. It being acknowledged that after the assignment of Substitute Building Loan Note B and Substitute Building Loan Mortgage B to the BLP Unit Lender, the amount that will remain outstanding on the Building Loan will be NINETY MILLION and NO/100 DOLLARS ($90,000,000.00).
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Building Loan Amount. Project Loan Mortgage" and "Supplemental Loan Costs" are hereby amended as follows:
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Building Loan Amount means $170,529,479.
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Building Loan Amount shall have the meaning set forth in Section 2.6.2(m)(B).
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Building Loan Amount shall have the meaning set forth in Section 2.6.2(g)(B). “Building Loan Documents” shall mean the “Loan Documents” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Outstanding Principal Balance” shall mean the “Outstanding Principal Balance” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Pro Forma Debt Service” shall mean the “Pro Forma Debt Service” as defined in the Building Loan Agreement and the Supplemental Building Loan Agreement. “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday on which national banks are not open for general business in the State of New York. “Capital Expenditures” shall mean, for any period, amounts expended for replacements and alterations to the Property, excluding any Tenant Improvements or Other Tenant Improvements, which are required to be capitalized according to Accounting Principles. “Capital Expenditures Work” shall mean any labor performed or materials installed in connection with any Capital Expenditure. “Capped Benchmark Rate” shall mean five and one-half percent (5.50%). “Carry Costs” shall mean the sum of the following costs associated with the Property for the applicable period or Fiscal Year: (i) Taxes, (ii) Other Charges, (iii) Insurance Premiums, and (iv) without duplication of the items described in clauses (i) – (iii),
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Building Loan Amount means an amount of up to $48,000,000.00.
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Building Loan Amount means $87,975,000.00.
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