{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "individual-property", "type": "clause", "offset": [28, 47]}, {"key": "equal-to", "type": "definition", "offset": [59, 67]}, {"key": "outstanding-principal-amount", "type": "clause", "offset": [109, 137]}, {"key": "allocated-loan-amount", "type": "definition", "offset": [145, 166]}], "size": 28, "snippet": "means, with respect to each Individual Property, an amount equal to seven and one-half percent (7.5%) of the outstanding principal amount of the Allocated Loan Amount attributable to such Individual Property.", "samples": [{"hash": "f9s0tXo5DOX", "uri": "/contracts/f9s0tXo5DOX#restoration-threshold", "label": "Loan Agreement (Industrial Logistics Properties Trust)", "score": 37.34770705, "published": true}, {"hash": "8yyYkAvaIwi", "uri": "/contracts/8yyYkAvaIwi#restoration-threshold", "label": "Loan Agreement (Industrial Logistics Properties 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{"snippet_links": [], "size": 9, "snippet": "shall have the meaning set forth in Section 6.2.3(a) hereof.", "samples": [{"hash": "5hugnUMEkVA", "uri": "/contracts/5hugnUMEkVA#restoration-threshold", "label": "Building Loan Agreement (Acadia Realty Trust)", "score": 21.8514709473, "published": true}, {"hash": "eNjtXKrxm7p", "uri": "/contracts/eNjtXKrxm7p#restoration-threshold", "label": "Building Loan Agreement (Acadia Realty Trust)", "score": 21.0, "published": true}, {"hash": "e0eS5EuZXkJ", "uri": "/contracts/e0eS5EuZXkJ#restoration-threshold", "label": "Building Loan Agreement (Acadia Realty Trust)", "score": 21.0, "published": true}], "hash": "ce2ab765cfb6eaf49f188b9731d2dad8", "id": 8}, {"snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "outstanding-principal-balance-of-the-loan", "type": "definition", "offset": [51, 92]}], "size": 8, "snippet": "means an amount equal to three percent (3%) of the outstanding principal balance of the Loan.", 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remains outstanding, Borrower may permit Mortgage Borrower to settle and adjust such claim only with the prior consent of Lender (which consent shall not be unreasonably withheld or delayed) and Lender shall have the opportunity to participate, at Borrower\u2019s cost and expense, in any such adjustments.", "In the event of a Casualty where the loss and the applicable Net Proceeds are less than the <strong>Restoration Threshold</strong>, Borrower may permit Mortgage Borrower to settle and adjust such claim provided that (a) no Event of Default has occurred and remains outstanding and (b) such adjustment is carried out in a commercially reasonable and timely manner.", "In the event of a Casualty where the loss or the applicable Net Proceeds are equal to or greater than the <strong>Restoration Threshold</strong> or if an Event of Default has occurred and remains outstanding, Borrower may settle and adjust such claim only with the prior consent of Lender (which consent shall not be unreasonably withheld or delayed) and Lender shall have the opportunity to participate, at Borrower\u2019s cost and expense, in any such adjustments."], "related": [["alteration-threshold", "Alteration Threshold", "Alteration Threshold"], ["indemnification-threshold", "Indemnification Threshold", "Indemnification Threshold"], ["indemnity-threshold", "Indemnity Threshold", "Indemnity Threshold"], ["minimum-takedown-threshold", "Minimum Takedown Threshold", "Minimum Takedown Threshold"], ["restoration-retainage", "Restoration Retainage", "Restoration Retainage"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00"}, "json": true, "cursor": ""}}