Mezzanine Loan definition

Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.

Mezzanine Loan means a performing loan (or a participation therein) primarily secured by a pledge of full or partial equity ownership interests in one or more entities that own directly or indirectly multifamily or commercial properties that serve as collateral for Senior Mortgage Loans.

Mezzanine Loan has the meaning set forth in Section 9.7 hereof.

Examples of Mezzanine Loan in a sentence

• For purposes of this Schedule 1(c) and the representations and warranties set forth herein, a breach of a representation or warranty shall be deemed to have been cured with respect to a Purchased Asset which is a Mezzanine Loan if and when Seller has taken or caused to be taken action such that the event, circumstance or condition that gave rise to such breach no longer affects such Purchased Asset.

• No consent, approval, authorization or order of, or registration or filing with, or notice to, any court or governmental agency or body having jurisdiction or regulatory authority is required for any transfer or assignment by the holder of such Mezzanine Loan.

• Seller has delivered to Buyer or its designee the original promissory note made in respect of such Mezzanine Loan, together with an original assignment thereof executed by Seller in blank.

More Definitions of Mezzanine Loan

Mezzanine Loan means, individually and collectively, as the context may require, the Senior Mezzanine Loan and the Junior Mezzanine Loan.

Mezzanine Loan has the meaning set forth in Section 2.15(a).

Mezzanine Loan means any Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement) or any New Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement).

Mezzanine Loan. As defined in the Mortgage Loan Agreement.

Mezzanine Loan means any assignment of, or participation interest or other interest in, a Loan that is of a rank lower than a Second Lien Loan.

Mezzanine Loan. A performing mezzanine loan secured by pledges of one-hundred percent (100%) of the Equity Interests of an Underlying Obligor, or that position of such Equity Interests that includes the general partnership, managing member or other controlling interest (including the right to take title to and sell the related Mortgaged Property) that owns income producing commercial real estate that is a Type of Mortgaged Property.

Mezzanine Loan means a Loan or any assignment of, or participation interest or other interest in, a Loan that is not a First Lien Loan, First Out Loan, First Lien Qualifying Covenant-Lite Loan, Second Lien Loan, Last Out Loan or Second Lien Qualifying Covenant-Lite Loan.