PROPERTY BASIS definition
PROPERTY BASIS means, with respect to a particular Property, the amount set forth opposite the reference to such Property on the attached Schedule 1.1(B) under the caption "Property Basis."
PROPERTY BASIS means the Loan to Value Ratio basis under which the Loan to Value Ratio shall be determined by reference to the Property only, which Loan to Value Ratio basis shall apply if specified as doing so in the Facility Letter.
Examples of PROPERTY BASIS in a sentence
SCHEDULE 1.1(B) BASIS ALLOCATIONS PROPERTY PROPERTY BASIS LOAN BASIS Cutler Lake Corp.