Par Loan Value definition

Par Loan Value means the amount of the Commitment allocable to an individual Property, as more specifically detailed on Schedule 1.1(B) attached hereto.
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Par Loan Value means the amount for each Unit set forth on Exhibit F attached hereto.
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Examples of Par Loan Value in a sentence

  • Subject to Section 2.8(h), in connection with such sale, the Loan Availability Amount at such time will be adjusted to reduce the Loan Availability Amount in an amount equal to the Allocated Par Loan Value attributed to such sold Trust Property and the resulting adjusted Loan Availability Amount will be the Loan Availability Amount thereafter in effect until such time as any Additional Property is joined as a Trust Property or sold, in each case, as provided hereunder.

  • The Allocated Par Loan Value for any Additional Property becoming a Trust Property in connection with an Additional Borrower’s execution and delivery of an Additional Borrower Joinder, will be determined by Borrowers and Lender working together in good faith, and will be specified in an amended and restated Schedule 2.6 attached to the Additional Borrower Joinder.

  • Administrative Agent shall determine the Par Loan Value of each Future Property when such Future Property becomes a Property hereunder, in Administrative Agent’s reasonable discretion.

  • The parties hereby agree, for informational and reference purposes, that the Par Loan Value of each Property, except any Future Property that becomes a Property hereunder, is as set forth on Schedule 1.1(B) attached hereto.