Property Types definition

Property Types means a category of covered properties subject to the same interim

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Property Types. Loan Size: Loan-to-Value: Debt Service Coverage: Loan Term: Amortization: Interest Rate: Loan-to-Cost: Guarantees: Office, Industrial, Retail, Hotels, Condos, Apartments and Seniors Housing. Minimum $3 million Maximum 80% Minimum 1.15 Typically 2 to 5 years Typically interest-only, but amortization may be required depending on the structure of the individual transaction Spread over LIBOR Up to 90% Subject to standard carve-outs. Additional guarantees may be required depending on the individual transaction structure. Exhibit "J" Compliance Certificate Financial Covenants Summary As of - This certificate is delivered pursuant to Section 6.23 - 6.27 of the Loan Agreement between MMA Capital Corp., et al and Synovus Bank of Tampa Bay dated Section Description Calculation

Property Types. Office 36.0%, Retail 16.7%, Multifamily 14.3%, Industrial 13.6%, Hotel 8.4%, Mix 6.4%, Other 4.7% Geographic: NY 14.0%, DC 10.1%, CA 9.4%, MA 8.5%, TX 5.8%, Other 52.3% DSCR/LTV: 1.35x / 68.0% Expected Timing Thu 11/29 Expected Settlement Date SCHEDULE I Underwriting Agreement, dated November 21, 2007. Title and Description of Offered Certificates: CD 2007-CD5 Commercial Mortgage Pass-Through Certificates Initial Aggregate Principal Amount Initial Class or Notional Purchase Pass-Through Designation Balance of Class Price(1) Rate Ratings(2) -------------- ------------------- ------------- -------------- -------------- Class A-1 $42,300,000 99.748261% 5.171% AAA/Aaa/AAA Class A-2 $88,500,000 100.496881% 5.655% AAA/Aaa/AAA Class A-3 $39,400,000 100.497600% 5.884% AAA/Aaa/AAA Class A-AB $52,000,000 100.499411% 5.745% AAA/Aaa/AAA Class A-4 $958,880,000 100.493913% 5.886% AAA/Aaa/AAA Class A-1A $284,848,000 100.500019% 5.800% AAA/Aaa/AAA Class XP $2,039,879,000 1.294204% 0.259% AAA/Aaa/AAA Class AM $168,726,000 98.650055% 6.179% AAA/Aaa/AAA Class A-MA $40,693,000 100.312834% 6.179% AAA/Aaa/AAA Class AJ $111,780,000 97.516785% 6.179% AAA/Aaa/AAA Class A-JA $26,959,000 97.822337% 6.179% AAA/Aaa/AAA Class B $20,942,000 95.039122% 6.179% AA+/Aa1/AA+ Class C $20,942,000 88.868413% 6.179% AA/Aa2/AA

Examples of Property Types in a sentence

• Historical Property Types 1, 2, and 3 will not require evaluation, except as noted.

• Property Types The Seller applies the criteria set out below in determining the eligibility of Properties to serve as security for Mortgage Loans.

• Only Caltrans PQS or consultants who meet the Caltrans Professional Qualifications Standards (Attachment 1) for Architectural Historian and above or Lead Archaeological Surveyor and above are authorized to determine which architectural and historical properties fall under Property Types 1, 2, or 3 and are therefore exempt from evaluation.

• Architectural Historians: Historical Property Types 4, 5, and 6, described below, may be exempted from evaluation after review by one of the following qualified professionals: Caltrans Architectural Historians or Principal Architectural Historians, or Caltrans consultants who have been certified as meeting Caltrans architectural historian professional standards.

• Only Caltrans PQS or consultants who meet the Caltrans Professional Qualifications Standards (Appendix 1) for Architectural Historian and above or Lead Archaeological Surveyor and above are authorized to determine which architectural and historical properties fall under Property Types 1, 2, or 3 and are therefore exempt from evaluation.

• However, in accordance with PRC 5024(b), state-owned resources identified as Property Types 3 through 7 in Appendix 4 to this MOU must be inventoried by recording the resource and its exempted resource type in the Caltrans Cultural Resources Database (CCRD), as well as identifying the resource and exempted resource type in the State-Owned Historical Resources Findings section of the HRCR.

• However, in accordance with PRC 5024(b), state-owned resources identified as Property Types 3 through 7 in Attachment 4 to this MOU must be inventoried by recording the resource and its exempted resource type in the Caltrans Cultural Resources Database (CCRD), as well as identifying the resource and exempted resource type in the State-Owned Historical Resources Findings section of the HRCR.

• Property Types – Short-term leases are almost exclusively used for vacation properties and short stays, whereas periodic leases are geared towards tenants that may need to live in an area for several months or longer.

• Property Types -------------------------------------------------------------------------------- Loan 72, Hidden Ridge: The Mortgage Loan documents do not contain covenants that prohibit a change of use of the Mortgaged Property without the lender's consent.

• No more than 20% of the Aggregate Collateral Balance as of the Closing Date can be purchased by the Issuer pending satisfaction of any of the Moody’s Post-Acquisition Compliance Test and the S&P Post-Acquisition Compliance Test; provided that, solely with respect to Non-Core Property Types, no more than 5% of the Aggregate Collateral Balance as of the Closing Date can be purchased by the Issuer pending satisfaction of the Moody’s Post-Acquisition Test.

More Definitions of Property Types

Property Types. All property types are acceptable, except those from which more than "negligible" lease income is derived from tenants involved in the following "Non-permissible" activities: - alcohol, tobacco, pork, and pornography; - establishments which serve liquor; and - gambling casinos or the manufacture of gambling paraphernalia. In addition, properties should not derive the majority of lease income from "doubtful activities" from tenants which engage in: - movies theaters (non-pornographic); and - financial institutions such as banks, brokerage firms, investment funds and insurance companies.

Property Types. Loan Size: Loan-to-Value: Debt Service Coverage: Loan Term: Amortization: Interest Rate: Loan-to-Cost: Guarantees: Office, Industrial, Retail, Hotels, Condos, Apartments and Seniors Housing. Minimum $3 million Maximum 80% Minimum 1.15 Typically 2 to 5 years Typically interest-only, but amortization may be required depending on the structure of the individual transaction Spread over LIBOR Up to 90% Subject to standard carve-outs. Additional guarantees may be required depending on the individual transaction structure.

Property Types. 1=Single Unit; 2=Condo; 3=Two Unit; 4=Three Unit; 5=Four Unit; 6=Single Wide Mfg Home; 7=Double Wide Mfg Home; 8=PUD EXHIBIT I REQUEST FOR RELEASE OF DOCUMENTS _____________, 19__ To: [Trustee] [Custodian] Re: Pooling and Servicing Agreement, dated as of September 1, 1997 (the "Pooling and Servicing Agreement"), among Superior Bank FSB, as Depositor, Lee Servicing Company, a division of Superior Bank FSB, as Servicer, and LaSalle National Bank, as Trustee relating to AFC Mortgage Loan Asset Backed Certificates, Series 1997-3 --------------------------------------------------------------------- In connection with the administration of the pool of Mortgage Loans held by you as Trustee or by the Custodian as your agent for the benefit of Certificateholders pursuant to the Pooling and Servicing Agreement, we request the release, and acknowledge receipt, of the (Trustee's Mortgage File/[specify document]) for the Mortgage Loan described below, for the reason indicated. Mortgagor's Name, Address & Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one) ____ 1. Mortgage Loan Paid in Full (Servicer hereby certifies that all amounts received in connection therewith have been credited to the Principal and Interest Account with respect to each Sub-Pool and remitted to the Trustee for deposit into the related Certificate Account pursuant to the Pooling and Servicing Agreement.)