Common use of Powers of Mezzanine Borrower Prior to an Event of Default Clause in Contracts

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.3, provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Mezzanine) and the other Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.3, provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Fourth Mezzanine) and the other Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.3, provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second First Mezzanine) and the other Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Mezzanine) and the other Rate Cap CollateralCollateral (Second Mezzanine).

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.3, provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Third Mezzanine) and the other Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second First Mezzanine) and the other Rate Cap CollateralCollateral (First Mezzanine).

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Third Mezzanine) and the other Rate Cap CollateralCollateral (Third Mezzanine).

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Mezzanine) and the other Interest Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Fourth Mezzanine) and the other Rate Cap CollateralCollateral (Fourth Mezzanine).

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.39.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Junior Tier Mezzanine) and the other Interest Rate Cap Collateral.

Powers of Mezzanine Borrower Prior to an Event of Default. Subject to the provisions of Section 9.38.3(a), provided no Event of Default has occurred and is continuing, Mezzanine Borrower shall be entitled to exercise all rights, powers and privileges of Mezzanine Borrower under, and to control the prosecution of all claims with respect to, the Interest Rate Cap Agreement (Second Mezzanine) and the other Rate Cap Collateral.