Certificates; Perfection of Lien. Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank. The Pledge and the other Mezzanine Loan Documents shall constitute valid, perfected, and enforceable first priority Liens upon the Collateral, in favor of Mezzanine Lender, subject only to the Permitted Encumbrances (First Mezzanine).
Appears in 2 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
Certificates; Perfection of Lien. Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank. The Pledge and the other Mezzanine Loan Documents shall constitute valid, perfected, and enforceable first priority Liens upon the Collateral, in favor of Mezzanine Lender, subject only to the Permitted Encumbrances (First Second Mezzanine).
Appears in 2 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
Certificates; Perfection of Lien. Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank. The Pledge Pledge, and the other Mezzanine Loan Documents shall constitute valid, perfected, and enforceable first priority Liens upon the Collateral, in favor of Mezzanine Lender, subject only to the Permitted Encumbrances (First Third Mezzanine).
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Certificates; Perfection of Lien. Mezzanine Lender shall have received originals Originals of the Certificates together with a each Member Power endorsed in blank. The Pledge Pledge, the Mezzco V Pledge, and the other Mezzanine Loan Documents shall constitute valid, perfected, and enforceable first priority Liens upon the Collateral, in favor of Mezzanine Lender, subject only to the Permitted Encumbrances (First Fourth Mezzanine).
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
Certificates; Perfection of Lien. Mezzanine Lender shall have received originals of the Certificates together with a Member Power endorsed in blank. The Pledge Pledge, the Mezzco IV Pledge, and the other Mezzanine Loan Documents shall constitute valid, perfected, and enforceable first priority Liens upon the Collateral, in favor of Mezzanine Lender, subject only to the Permitted Encumbrances (First Third Mezzanine).
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)
