Premium Schedule” means that certain Schedule 4 (Prepayment Premium “Prepayment Schedule) to the Loan Agreement. Premium Term” has the meaning set forth in the Summary of Loan Terms. “Prepayment Person” means: “Prohibited (a) any Person with whom Lender or Fannie Mae is prohibited from doing business pursuant to any law, rule, regulation, judicial proceeding or administrative directive; or (b) any Person identified on the United States Department of Housing and Urban of Participation, HUD Funding Disqualifications and Voluntary Development’s “Limited Denial or on the General for Award Management Abstentions List,” Services Administration’s “System each of which may be amended from time to time, and any successor or (SAM)” exclusion list, replacement thereof; or (c) any Person that is determined by Fannie Mae to pose an unacceptable credit risk due to the aggregate amount of debt of such Person owned or held by Fannie Mae; or (d) any Person that has caused any unsatisfactory experience of a material nature with Fannie Mae or Lender, such as a default, fraud, intentional misrepresentation, litigation, arbitration or other similar act. Jurisdiction” has the meaning set forth in the Security Instrument. “Property Square Footage” has the meaning set forth in the Summary of Loan Terms. “Property Corporation” means a corporation, the outstanding voting stock of which is “Publicly-Held registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended. Trust” means a real estate investment trust, the outstanding voting shares or “Publicly-Held beneficial interests of which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended. Change Date” has the meaning set forth in the Summary of Loan Terms. “Rate Lock Request” means a request from Borrower to Lender for a rate quote for the Fixed “Rate Rate (based on the Fixed Rate Option selected by Borrower) which shall apply after the Conversion Effective Date. Amortization Period” has the meaning set forth in the Summary of Loan Terms. “Remaining has the meaning set forth in the Security Instrument. “Rents” Threshold” has the meaning set forth in the Summary of Loan Terms. “Repair
“Prepayment Premium Schedule” means that certain Schedule 4 (Prepayment Premium Schedule) to the Loan Agreement. “Prepayment Premium Term” has the meaning set forth in the Summary of Loan Terms. “Prohibited Person” means: (a) any Person with whom Lender or Fannie Mae is prohibited from doing business pursuant to any law, rule, regulation, judicial proceeding or administrative directive; or (b) any Person identified on the United States Department of Housing and Urban Development’s “Limited Denial of Participation, HUD Funding Disqualifications and Voluntary Abstentions List,” or on the General Services Administration’s “System for Award Management (SAM)” exclusion list, each of which may be amended from time to time, and any successor or replacement thereof; or (c) any Person that is determined by Fannie Mae to pose an unacceptable credit risk due to the aggregate amount of debt of such Person owned or held by Fannie Mae; or (d) any Person that has caused any unsatisfactory experience of a material nature with Fannie Mae or Lender, such as a default, fraud, intentional misrepresentation, litigation, arbitration or other similar act. “Property Jurisdiction” has the meaning set forth in the Security Instrument. “Property Square Footage” has the meaning set forth in the Summary of Loan Terms. “Publicly-Held Corporation” means a corporation, the outstanding voting stock of which is registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended. “Publicly-Held Trust” means a real estate investment trust, the outstanding voting shares or beneficial interests of which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended. “Rate Change Date” has the meaning set forth in the Summary of Loan Terms. “Rate Lock Request” means a request from Borrower to Lender for a rate quote for the Fixed Rate (based on the Fixed Rate Option selected by Borrower) which shall apply after the Conversion Effective Date. “Remaining Amortization Period” has the meaning set forth in the Summary of Loan Terms. “Rents” has the meaning set forth in the Security Instrument. “Repair Threshold” has the meaning set forth in the Summary of Loan Terms.
6101arm.docx