Property Types definition

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

  • XML is currently the only acceptable format for electronically submitting mass data to the FRPP application.The FRPP’s XML format is organized by the Real Property Types of land, buildings, and structures (the XML tags are indicated as: Type 20Land, Type35BuildingDetail, and Type40Structure).

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

  • 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.

  • It is critical for believers to take proper care of the resources that God has permitted them to manage and use.1. Conserving UtilitiesOnly authorized personnel are permitted to make adjustments to thermostats.Students can help the college to keep utility bills down (ultimately keeping college costs down) and thus save money by turning off lights, fans, and other electrical devices when they are not in use.

  • Property Types: Depending on the nature of the program activity, HOME rules specify the types of property that are eligible for funding.

  • Eligible Property Types Single-unit principal residence designated as the borrower’s homestead under Texas law.

  • PROPERTY RIGHTS APPRAISEDAccess rights, air rights, easements of many kinds (see Property Types Appraised), fee simple interest, leased fee interest, leasehold interest, life estate, partial interests of various types, personal property (ask for details), and water rights.

  • Eligible Property Types ▪ 1-4 units attached/detached owner-occupied properties.

  • NCREIF Property Types are defined as office, retail, industrial, apartments, and other.

  • Property Types Associated with Home Address Select the property type(s) below that may reference or be associated with the qualified applicant’s home address.


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.
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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.)
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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"
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Related to Property Types

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Property Name Property Address: Control No.: The Mortgage File should be delivered to the following: ________________________________________ ________________________________________ ________________________________________

  • Mixed-use project means a project comprising both a qualified

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Wellhead protection area means the surface and subsurface area surrounding a water well or well field that supplies a public water system through which contaminants are reasonably likely to migrate toward the water well or well field.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Distinguishable from background means that the detectable concentration of a radionuclide is statistically different from the background concentration of that radionuclide in the vicinity of the site or, in the case of structures, in similar materials using adequate measurement technology, survey, and statistical techniques.

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Public Improvements means only the following improvements: housing facilities; garbage disposal plants; rubbish disposal plants; incinerators; transportation systems, including plants, works, instrumentalities, and properties used or useful in connection with those systems; sewage disposal systems, including sanitary sewers, combined sanitary and storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of sewage or industrial wastes; storm water systems, including storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of storm water; water supply systems, including plants, works, instrumentalities, and properties used or useful in connection with obtaining a water supply, the treatment of water, or the distribution of water; utility systems for supplying light, heat, or power, including plants, works, instrumentalities, and properties used or useful in connection with those systems; approved cable television systems, approved cable communication systems, or telephone systems, including plants, works,

  • Multifamily Property means any real property on which multifamily residential-use development has been constructed or is now or hereafter proposed to be constructed (for example, and not by way of limitation, a property of the type managed by the Company).

  • Property Income means cash rents (excluding non‑cash straight‑line rent) and other cash revenues received by the Borrower or a Material Subsidiary in the ordinary course for any Eligible Property or Property which secures Other Recourse Debt, but excluding security deposits and prepaid rent except to the extent applied in satisfaction of any Tenants’ obligations for rent.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Real means, in the context of offset projects, that GHG reductions or GHG enhancements result from a demonstrable action or set of actions, and are quantified using appropriate, accurate, and conservative methodologies that account for all GHG emissions sources, GHG sinks, and GHG reservoirs within the offset project boundary and account for uncertainty and the potential for activity- shifting leakage and market-shifting leakage.

  • Property NOI means, with respect to any Property for any Rolling Period (without duplication) the aggregate amount of (i) Property Income for such period minus (ii) Property Expenses for such period.

  • Residential Project means a redevelopment project that is

  • Residential property means improved property that:-