Additional Mezzanine Loan definition

Additional Mezzanine Loan shall have the meaning set forth in Section 9.7 hereof.
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Additional Mezzanine Loan means any additional mezzanine loan incurred by a Subsidiary of the Company as an “Approved Mezzanine Loan” in accordance with the terms of the Mortgage Loan Agreement and the First Mezzanine Loan Agreement.
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Additional Mezzanine Loan shall have the meaning set forth in Section 8.1(b) of the Loan Agreement (Mortgage).
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Examples of Additional Mezzanine Loan in a sentence

  • In effectuating the foregoing, Lender will make a loan to Additional Mezzanine Borrower(s); Additional Mezzanine Borrower will contribute the amount of such Additional Mezzanine Loan to Pledgor and Pledgor will apply the contribution to pay down the Loan.

  • The security for the Additional Mezzanine Loan shall be a pledge of one hundred percent (100%) of the direct ownership interests in Pledgor, and such ownership interests must be “certificated securities” as defined in and governed by Article 8 of the Uniform Commercial Code in effect in the States in which Pledgor is organized.

  • Notwithstanding anything herein to the contrary, none of BSCMI, Lender or their respective Affiliates shall have any obligation to provide an Additional Mezzanine Loan or any other financing.

  • The security for any Additional Mezzanine Loan shall include a pledge by the related Additional Mezzanine Borrower of one hundred percent (100%) of the direct ownership interests in Mortgage Borrower or its immediately senior Additional Mezzanine Borrower, as applicable.

  • Borrower, Guarantor and Lender hereby acknowledge and agree that an Additional Mezzanine Loan shall not be permitted under Section 5.2.14 of the Building Loan Agreement and Borrower shall not be entitled to cause an Additional Mezzanine Loan Borrower to obtain an Additional Mezzanine Loan.

  • In effectuating the foregoing, Lender will make a loan to Additional Mezzanine Borrower(s); Additional Mezzanine Borrower will contribute the amount of such Additional Mezzanine Loan to Borrower and Borrower will apply the contribution to pay down the Loan.

  • The security for the Additional Mezzanine Loan shall be a pledge of one hundred percent (100%) of the direct ownership interests in Borrower, and such ownership interests must be “certificated securities” as defined in and governed by Article 8 of the Uniform Commercial Code in effect in the States in which Borrower is organized.

  • For purposes of clarity, any Additional Mezzanine Loan is distinct from and in addition to the Second Mezzanine Loan.


More Definitions of Additional Mezzanine Loan

Additional Mezzanine Loan shall have the meaning set forth in Section 8.1(b) of the Loan Agreement (Mortgage). ACKNOWLEDGMENT shall mean the Acknowledgment, dated on or about the date hereof made by Counterparty, or as applicable, Acceptable Counterparty in the form of EXHIBIT M. ADDITIONAL NON-CONSOLIDATION OPINION shall have the meaning set forth in Section 4.1.20(b). AFFILIATE shall mean, with respect to any specified Person, any other Person directly or indirectly Controlling or Controlled by or under direct or indirect common Control with, or any general partner or managing member in, such specified Person. AFFILIATE LEASES shall mean, collectively, (i) with respect to the Doral Property, that certain Amended and Restated Lease Agreement, dated as of August 18, 2004, by and between CNL Resort Hotel, LP, CNL Resort Silver Properties, LP, and CNL Resort Lodging Tenant Corp., (ii) with respect to the Grand Wailea Property, that certain Amended and Restated Lease Agreement, dated as of August 18, 2004, by and between CNL Grand Wailea Resort, LP, and CNL Resort Lodging Tenant Corp., (iii) with respect to the La Quinta Property, (a) that certain Amended and Restated Lease Agreement, dated as of August 18, 2004, by and between CNL Desert Resort, LP, and CNL Resort Lodging Tenant Corp., and (b) that certain Amended and Restated Private Golf Courses Lease Agreement, dated as of August 18, 2004, by and between CNL Desert Resort, LP, and CNL Resort Ancillary Tenant Corp., (iv) with respect to the Claremont Property, that certain Amended and Restated Lease Agreement, dated as of August 18, 2004, by and between CNL Claremont Resort, LP and CNL Resort Lodging Tenant Corp., and (v) with respect to the Biltmore Property, that certain Amended and Restated Lease Agreement, dated as of August 18, 2004, by and between CNL Biltmore Resort, LP and CNL Resort Lodging Tenant Corp. AFFILIATE TENANT shall mean each of CNL Resort Lodging Tenant Corp. and CNL Resort Ancillary Tenant Corp., each a Delaware corporation. AGREEMENT shall mean this Agreement, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Additional Mezzanine Loan shall have the meaning set forth in Section 8.1(b).
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Related to Additional Mezzanine Loan

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

  • Accelerated Mezzanine Loan means any mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in the Mortgagor) related to the Mortgage Loan if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the related collateral for such mezzanine loan.

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Mezzanine Loans means, individually or collectively, as the context may require, the First Mezzanine Loan and the Second Mezzanine Loan, and each of the First Mezzanine Loan and/or the Second Mezzanine Loan, individually, a “Mezzanine Loan”.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Additional Member has the meaning set forth in Section 12.02.

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • Refinancing Loan has the meaning specified in Section 2.15(b).

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Mezzanine Loan Documents means, as to each Mezzanine Loan, all documents evidencing, securing, guaranteeing and/or perfecting such Mezzanine Loan and all documents executed and/or delivered in connection therewith.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • General Partner Loan has the meaning provided in Section 5.2(c) hereof.

  • Existing Loan means the loan identified on Exhibit H.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Supplemental Loan means any loan that is subordinate to the Senior Indebtedness.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Original member of this retirement system means:

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).