LTC definition
LTC shall have the meaning set forth in the introductory paragraph hereof.
LTC means the ratio of the loan amount (or unpaid principal balance) of any Mortgage Loan to the total acquisition costs at the time of acquisition of the property that secured the Mortgage Loan, including, without limitation, closing costs, title, recording and conveyancing fees, transfer taxes or documentary stamp taxes, pro-rata adjustments, lenders fees and origination charges.
LTC means long term care.
Examples of LTC in a sentence
Solely with respect to any Underlying Mortgage Loan that is not a Bridge Loan, if the related Mortgaged Property was acquired within six (6) months prior to the related Origination Date, the LTC of such Underlying Mortgage Loan at origination was not more than 95%, except as otherwise approved by Buyer in writing.
More Definitions of LTC
LTC means LTC Properties, Inc., a Maryland corporation.
LTC means Long-Term Care as described in “Description of the Business – Seniors Housing Industry in Canada – Types of Residences”.
LTC shall have the meaning set forth in the recitals hereof.
LTC means Learning and Teaching Committee or the standing Committee to which it may delegate the authority
LTC means Long-term Care Facilities, which are facilities that provide rehabilitative, restorative, and/or ongoing skilled nursing care to patients or residents in need of assistance with activities of daily living.
LTC means, as of any date of determination and with respect to any Mortgage Loan, the ratio of the Principal Balance of such Mortgage Loan to the sum of (i) the Mortgaged Property Valuation of the related Mortgaged Property and (ii) any Capital Expenditures made with respect to such Mortgage Loan since the date of the most recent Current Appraisal.
LTC means long-term care facility, as may also be referred to, depending on the jurisdiction, as residential complex care, supportive living private hospital, personal care home or nursing home.