The loan-to-cost (LTC) ratio compares the financing amount of a commercial real estate project to its cost. The loan-to-value (LTV) ratio, on the other hand, compares the loan amount to the expected market value of the completed project. The Bottom Line Primarily used in commercial real ...
sub-contractmeans the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract; Project Contractmeans a Project Contract as such term is defined in the RfP; “...
Plug the gap in your capital stack. Bridge Financing Short-term financing solution until long-term financing can be arranged. Construction Financing Cover the costs of your project before obtaining long-term financing. Unitranche Financing Hybrid loan structure conveniently combining different types of de...
advances, and other extensions of credit made under the Loan, in the form of EXHIBIT A to this Agreement (as amended, modified, restated or replaced from time to time, the "Note"), dated the date of this Agreement, payable to the order of Lender in accordance with the terms thereof. ...
As we said in chapter 1, in the 1980s, Japan's financial system — and, in particular, its banking system — was the world's largest. Nine of the world's top ten banks in terms of total loan assets were Japanese, including the Long-Term Credit Bank of Japan, Limited (LTCB). In...
If the fonts are purchased in hard copy format (CD-ROM or floppy disk), removing the media from its protective sleeve (paper pouch, DVD cases, or other) in which the media is contained constitutes the same agreement. If you do not agree with the terms of this agreement, return the ...