CMBS Debt Defeasance definition
CMBS Debt Defeasance means the exercise of a defeasance right under the CMBS Debt with respect to the CMBS Deerwood North Portfolio.
Examples of CMBS Debt Defeasance in a sentence
Sellers shall have exercised their CMBS Debt Defeasance right (other than payment of funds which shall be concurrently with the Closing) and obtained the Metlife Debt Waiver and the AEW Debt Waiver.