Loan Property Cost

Loan Property Cost. Shall mean, with respect to each Property at any date of determination, an amount equal to (a) the aggregate principal amount of Acquisition Loans, Construction Loans and Interest Payment Loans made on or 2 prior to such date with respect to such Property minus (b) the aggregate amount of prepayments or repayments as the case may be of the Loans allocated to reduce the Loan Property Cost of... such Property pursuant to Sections 2.6(c) and (d) of the Credit Agreement. View More