Examples of Original Loan-to-Value Ratio in a sentence
Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.
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Mortgagor acknowledges that Mortgagee was induced to enter into the subject Loan transaction based upon a specific loan-to-value ratio (the "Original Loan-to-Value Ratio").
If any updated appraisal received by Mortgagee pursuant to Section 5.25 above reflects that the appraised value of the Mortgaged Property has decreased from the Original Appraised Value and if such decrease results in a loan-to-value ratio which is higher than the Original Loan-to-Value Ratio, Mortgagor shall within ten (10) days of Mortgagee's written request make a principal payment (the "Prepayment") under the Note in an amount sufficient to maintain the Original Loan-to-Value Ratio.
In all other cases, GROW may request the person requesting information to reimburse GROW the reasonable costs verifiable incurred in connection with providing the information requested.
Notwithstanding anything contained herein to the contrary, Mortgagee shall not request updated appraisals pursuant to this Section unless: (a) an Event of Default has occurred, or (b) if required by any governmental law or regulation, or (c) no more than once in any calendar year, for good cause (i.e. Mortgagee has reason to believe the value of the Mortgaged Property has declined such that the Original Loan-to-Value Ratio [as defined below] is no longer maintained).
Original Loan-to-Value Ratios of the Group I Mortgage Loans(1) % of Aggregate Scheduled Principal Scheduled Principal Original Loan-to-Value Ratio Number of Initial Balance as of the Balance as of the (%) Mortgage Loans Cut-off Date Cut-off Date ------------------------------------ -------------------- --------------------- --------------------- 10.01 - 15.00.....................
Original Loan-to-Value Ratio (%) ------------------------------------------------------------------------------------------------------------------------------------ Comb.
The Original Loan-to-Value Ratio was based upon the appraised value (the “Original Appraised Value”) of the Real Property and the Improvements set forth in the appraisal Borrower submitted to Lender prior to the closing of the subject Loan transaction.
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