Release Fee Amount
Release Fee Amount. Shall mean, in connection with any Partial Release, an amount equal to the greater of (a) seventy percent (70%) of the most recent appraised value of such parcel of Real Property Collateral, as determined by Bank, or (b) the amount required for Borrower to maintain a one hundred percent (100%) loan-to-value ratio using (i) the aggregate value of all remaining Real Property Collateral, as determined by Bank, and (ii) the outstanding principal balance of the Loan (after giving effect to any such...
View More
All Definitions
Found in
ARKO Corp. contract