Initial Allocated Loan Amount definition

Initial Allocated Loan Amount means the portion of the Loan Amount allocated to each Cross-collateralized Property as set forth on Exhibit F annexed hereto and made a part hereof.

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Initial Allocated Loan Amount means, for each Property, the amount set forth for such Property on Schedule 6.

Initial Allocated Loan Amount means, with respect to each Loan, the principal amount of the applicable Note evidencing such Loan, as set forth on Exhibit A attached hereto and by this reference a part hereof.

Examples of Initial Allocated Loan Amount in a sentence

To the best knowledge of Borrower, based on the substantial real estate expertise of Borrower, Borrower’s familiarity with the Property, and the Appraisal (which Borrower believes to contain a reasonable assessment of the fair market value of the Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property.
To the best knowledge of Borrower, based on the substantial real estate expertise of ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇'s familiarity with the Property, and the Appraisal (which Borrower believes to contain a reasonable assessment of the fair market value of the Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Property as of the Closing Date.
Each Loan shall be evidenced by a Note in the Initial Allocated Loan Amount of such Loan.
To the best knowledge of Grantor, based on the substantial real estate expertise of Grantor, Grantor's familiarity with the Trust Property, and the Appraisal (which Grantor believes to contain a reasonable assessment of the fair market value of the Trust Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Trust Property.
To the best knowledge of Mortgagor, based on the Appraisal (which Mortgagor believes to contain a reasonable assessment of the fair market value of the Mortgaged Property), the Initial Allocated Loan Amount does not exceed one hundred twenty-five percent (125%) of the fair market value of the Mortgaged Property.
Section 1.1 of the Existing Loan Agreement is hereby amended as follows: The following definitions are hereby deleted in their entirety: "Borrowers," "Initial Allocated Loan Amount," "NACC," "Nomura," "Remaining Realty," and "Security Agreement." The existing definitions of the following terms are hereby deleted in their entirety and replaced with the following respective definitions: "ALLOCATED LOAN AMOUNT" shall mean, with respect to any Property, the amount set forth for such Property on Schedule 5.

More Definitions of Initial Allocated Loan Amount

Initial Allocated Loan Amount means, for each Mortgaged Property, the portion of the principal amount of the Mortgage Loan allocated to such Mortgaged Property for certain purposes (including, without limitation, determining the release prices of properties) under such Mortgage Loan as of the date of origination. The Initial Allocated Loan Amount for each Mortgaged Property was determined generally based on the ratio of the appraised value of such Mortgaged Property to the aggregate appraised value of all the Mortgaged Properties securing the Mortgage Loan, with adjustments for the location, physical attributes and amenities of the Mortgaged Property.

Initial Allocated Loan Amount means the portion of the Loan Amount allocated to each Cross-collateralized Property as set forth on EXHIBIT F annexed hereto and made a part hereof.